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Strategies & Market Trends : Ride the Tiger with CD
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To: Rocket Red who wrote (121121)6/30/2008 10:57:41 PM
From: Rocket Red  Read Replies (1) of 313007
 
1993//The three diamond prospects acquired by Golden Peaks in April will form part of the joint venture agreement with Pine Channel, whereby Pine Channel and Golden Peaks will be equal partners. All expenditures are to be on a 50/50 basis. In addition, Pine Channel will reimburse Golden Peaks for 50% of its costs incurred.

The three mineral claim blocks are in the Nipiwin-Hudson Bay area, Saskatchewan. These properties were originally acquired by Golden Peaks on the basis of favourable interpretation of circular magnetic highs on the flanks of larger magnetic features, suggesting possible kimberlite intrusive bodies.
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