SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : MILL CITY MIY-V

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: maxed who wrote (335)4/23/1998 1:19:00 PM
From: ALAN DUBE  Read Replies (1) of 707
 
News release from Cypango!!

Obviously Cypango is the biggest hurdle in getting the diamond properties moving.

Proceeds of bridge loan received

Cypango Ventures Ltd CAV
Shares issued 11,143,301 Apr 21 close $0.14
Wed 22 Apr 98 News Release
An anonymous director reports
The company has received the proceeds of the bridge loan previously reported in Stockwatch April 7 from Wolverton Securities.
The company will use these funds to commence work on its ZL property in the
Lac de Gras region of the Northwest Territories. The ZL claims are north of
the SouthernEra/Kalahari/Island Arc Back Lake property and the company's
Margaret Lake anomaly is 10km northeast of the Urik discovery on the shore
of Munn Lake. The company's previous work has identified two indicator
mineral anomalies which appear to have similar geochemistry to the
SouthernEra/Kalahari/Island Arc discovery.
Specifically work will be carried out on the Margaret Lake anomaly where
the two above mentioned indicator mineral trains terminate. The primary
targets are in small lakes and swampy depressions which will allow drilling
to continue throughout the summer months.
Work will consist of sampling and geophysics as a precursor to the
anticipated drilling program. Initial results were reported in Stockwatch
October 31 1997 and January 9 1998. The work is to be commenced as soon as
mobilization can be effected.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext