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Gold/Mining/Energy : Tyhee (Toronto Stock Exchange)
TDC 21.59+3.5%4:00 PM EST

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From: d:oug6/11/2008 7:36:44 PM
   of 695
 
Jun 11 ... "too good to pass up", say David Webb

ca.news.finance.yahoo.com

Tyhee [has] purchased a 100% interest in 5 mining leases (Oro Lake Property) covering 338 acres adjacent to its BigSky Property, from Norwest Explorers Ltd, an arms-length company.

"The opportunity to purchase the property adjoining BigSky was too good to pass up", said Tyhee's President and CEO, David Webb. "We will fully investigate Oro Lake's potential in conjunction with the work being carried out on the BigSky property. We continue to add to our position as the dominant property holder in the Yellowknife gold camp".

Tyhee paid Norwest Explorers Ltd (Norwest) $20,000 as a one time payment for a 100% interest in the leases. Tyhee will return the mining leases to Norwest if Tyhee:...(more)
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