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Gold/Mining/Energy : LAORF La Teko to be bought by Silverado Mines

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To: Lee Waun who wrote (4)11/25/1997 8:08:00 PM
From: Lee Waun  Read Replies (2) of 25
 
Latest News from La Teko:

"La Teko Resources Ltd. (LAORF-NASDAQ, LAO-VSE) announces it has signed a letter agreement with Kennecott Exploration Company and Kennecott Canada Exploration, Inc. (collectively "Kennecott") for the acquisition of two drill stage gold exploration projects, Scheelite Dome in the Yukon and Mt. Distin in Alaska. Both projects occur in geological environments which are similar to the Company's True North joint venture with Newmont, in the Fairbanks Mining District, and both have excellent potential for the discovery of major gold deposits. These projects complement La Teko's key asset, the True North project, which is continuing to make rapid progress towards the definition of a minable orebody... "

For the complete release and are maps attached to this release, please click on lateko.com
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