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Gold/Mining/Energy : MOLYMANIA the race is on

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From: teevee3/9/2005 3:02:50 PM
   of 336
 
New Moly junior: TQY Tanqueray just picked up a Moly property.
From their news release:

...Option Agreement has been

entered into with Valley Gold Ltd. (The Moly Claims) in 470 hectares of

prospective molybdenum properties in British Columbia. The Moly claims

covers an Upper Jurassic Francois Lake porphyry molybdenum bearing

intrusion. Historical work indicates molybdenite mineralization is

primarily associated with a quartz monzonite and occur as fine

disseminations and flakes in a well developed quartz vein stockwork. The

property is located within 50 kilometers by road of milling and roasting

facilities of Canada's only operating Molybdenum mine, Endako. Initial

exploration focus will include examining the potential for a higher grade

section that could be rapidly defined and developed.
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