Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Aqualine Resources Inc.-AQI on CDNX -- Ignore unavailable to you. Want to Upgrade?

To: Just G who wrote (1)	1/24/2000 6:49:00 PM
From: Ptaskmaster	Read Replies (1) \| Respond to of 18

Very nice maps of AQI's holdings at East bull Lake and River Valley, but it appears that PFN and/or MMIN actually hold most of the land? Ptask

To: Just G who wrote (1)	3/2/2000 10:31:00 AM
From: Just G	Read Replies (1) \| Respond to of 18

AQI 2000-03-01 (provided courtesy of Canadian Corporate News.) register to receive future releases by email from CCN Aquiline completes private placement and debt settlement; Exploration underway on East Bull Lake platinum/palladium project TORONTO, ONTARIO--Aquiline Resources Inc. announces that it has completed the private placement announced January 11, 2000. A total of 950,000 units were sold at $0.15 per unit for total proceeds of $142,500. Each unit consists of one common share and a share purchase warrant. Two share purchase warrants entitle the holder to purchase an additional common share at a price of $0.25 per share for one year. Separately, the Company completed the debt settlement agreement in the amount of $20,000 by the issuance of 133,333 shares at a deemed price of $0.15 per share. Proceeds of the private placement will be used to fund continuing exploration of the Company's platinum/palladium projects in the Sudbury area where the year 2000 field program is now underway. Work is currently focused on the Parisien Lake project which is under option from Mustang Minerals and Freewest Resources. The Parisien Lake project is located within the southern half of the East Bull Lake layered mafic intrusive and hosts the same prospective stratigraphy as Mustang's Bullfrog discovery located some 5km to the west. Previous surface sampling and trenching work on the property carried out by both Freewest and the Ontario Geological Survey has identified combined Pt, Pd, and Au values of up to 5.8 g/t and the current exploration program will consist of a detailed Induced Polarization (IP) Survey followed by a diamond drilling program that will commence by the latter half of March. Additional details with respect to this drilling will be provided upon commencement of the program. Aquiline also intends to be active this year on the River Valley projects, which are located in the River Valley Intrusive located north east of Sudbury. In the fall of 1999 before freeze-up, Aquiline completed an initial field program at River Valley consisting of linecutting, mapping, and soil and rock sampling. Samples were collected along broadly spaced lines across the presumed contact of the intrusive with its surrounding country rocks. Results indicate several areas of elevated PGM values in both rocks and soils, which may be indicative of contact mineralization. Follow-up work is planned for the spring of 2000. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Marc C. Henderson, President Tel: (416) 599-4133. The CDNX has neither approved nor disapproved the contents of this release.