Looks like you had your ear to the right pavement! Will this ever be over?????
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: GERLE GOLD LTD.
VSE SYMBOL: GGL
NOVEMBER 20, 1997
Gerle Gold: Re: LA 26-30 Claims, Section 84 Review
VANCOUVER, BRITISH COLUMBIA--By decision dated November 20, 1997, James R. Moore, Assistant Deputy Minister, Northern Affairs Program has overturned the Supervising Mining Recorder's decision of May 10, 1996 which was in favour of Gerle. He has ordered the reinstatement of the RIM 1-24 and MK 1-15 mineral claims, the ground of which is in part covered by the LA 26-30 claims, and ordered their transfer to Inukshuk Capital Ltd.
Although, as reported in Gerle's October 20th, 1997 News Release, the results of Gerle's work to date suggest that the primary sources of the indicator mineral trains found on the LA 26-30 claims are located on the LA 1-25 claims which are unaffected by this decision, Gerle will seek advice of counsel as to the availability of an appeal of this decision.
Gerle is extremely taken aback by this decision and believes that it seriously undermines the effective administration of the Canada Mining Regulations.
GERLE GOLD LTD.
Raymond A. Hrkac, President |