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Gold/Mining/Energy : JABA INC.(c.jba) -- Ignore unavailable to you. Want to Upgrade?


To: Ross who wrote (842)10/11/1999 8:46:00 AM
From: Chuca Marsh  Read Replies (1) | Respond to of 1044
 
LIMESTONES is this NEWS RELEASE are parmount for JBA and the future: IMHO:
freeyellow.com
<<.."The intent of this joint venture is to further evaluate the potential of
and to define drill targets within what Jaba and North believe to be a
highly prospective area for the occurrence of large polymetallic carbonate
replacement deposits -- that is, combinations of base (copper, zinc, lead,
molybdenum, etc) and precious (gold and silver) metals in veins, mantos and
disseminations in limestone host rocks. The term of this phase of the
project is until June 30, 2000, and the objective of the project is to
define targets for drill testing that would take place after that date.
The project could result in the definition of multiple target areas that
would become subprojects of a minimum of 20 square miles each. On each
target subproject, North can earn a 51-per-cent interest by expending
$1-million (U.S.) and defining a resource equivalent to one million ounces
of gold regardless of metal type. They can earn another 24-per-cent
interest on that subproject by expending a further $1-million (U.S.) on
exploration and definition drilling within four years. Jaba would retain a
25-per-cent interest in each defined subproject area."
..>>
This can change everything in some future, some new stock pricing, never say NEVER!
ChuckaSOME
P.S.-:
freeyellow.com
freeyellow.com
freeyellow.com
TWO SAME-Similar Looking Dolomite ( type of Limestone) one from Nevada taken NEAR the Arseco Mine Claims in Goodsprings that our group staked the Chiquita Mine where Arseco let the claim expire in 1992 ( Remember that Jim Briscoe use to scout out that area) ( but no connection to our Claim - Group. Jim use to work for Arseco though.) And the other same looking rock from 25 miles or so area north of Tuscon, AZ, see the sameness? I do. A pix is worth a thousand words.
Chucka