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Gold/Mining/Energy : Sheffield Resources Inc. (V.SFL) formerly Solidor Resource
SFL 8.240+2.6%3:59 PM EST
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To: Andrew Bailey who wrote (4)11/24/1996 4:45:00 PM
From: Lloyd   of 43
 
Recently Solidor established a new and aggressive management team that is receiving enquiries about their gold property in Snow lake, Manitoba.

The last exploration program on this property took place in 1990 when 437,000 tonnes grading 5.4 grams/T was calculated to be the reserve in one zone. This zone is open at depth and along strike. A 3,000 meter drill program was recommended but never completed. There are at least eight other gold zones on this property that have not been explored in considerable detail and management strongly believes that there is excellent opportunity to add to these reserves.

This property is receiving a lot of interest because the TVX New Britannia gold mine is adjacent to Solidor's property. TVX is also mining satellite deposits that are within a couple kilometers of Solidor's propery boundary and they have optioned or are developing the property to the south, east, and west. Back when the last work program took place on Solidor property there was not a gold mine next door, now there is, so this explains the interest from other companies that Solidor is receiving. The company plans an aggressive exploration program themselves or with a joint venture partner.

Check out their new web site: solidor.com
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