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 : International Larder-Symbol LRDR on the CDN -- Ignore unavailable to you. Want to Upgrade?


To: KC Jones who wrote (267)9/28/2000 5:34:14 PM
From: Midas  Respond to of 278
 
Hello KC:

The consolidation between 2 public and 2 private companies is not yet finalized but it sure looks like they are close. Besides the switch to CDNX under the symbol YRP next monday (Oct 2), PALL also announced a joint venture agreement with Pelangio-Larder / Franco-Nevada this afternoon. The details of this agreement were posted on the PALL thread by Just G.

With the recent increase in activity as well as the type of things that are being announced, I would be watching both PALL and Larder over the next few weeks.

Midas



To: KC Jones who wrote (267)9/29/2000 12:57:45 PM
From: Midas  Read Replies (1) | Respond to of 278
 
Hello KC:

Here is yet another press release.

Midas

International Larder Minerals Inc -

Prospectors merger partner enters option agreement

International Larder Minerals Inc
LRDR
Shares issued 44,769,406
Jun 23 1999 close $.020
Sep 29 2000 5:14:30
Mr. Jean-Claude Bonhomme reports
Prospectors Alliance's merger partner Explorers Alliance has
entered into an exploration option agreement with Pelangio
Mines and Franco-Nevada Mining on certain mineral claims
within the southern portion of the Pelangio/Franco-Nevada
Detour Lake area landholdings (DLJV).
Under the terms of the recent agreement Explorers has the
option to earn an interest in two claim blocks designated as
Block C and Block E. The claims cover approximately 3,552
hectares (14 square miles). Explorers can earn a 50-per-cent
interest in the claim blocks by expending $500,000 over a
four-year period. Once vested at 50 per cent Explorers can
earn an additional 30-per-cent interest in the two blocks by
expending a further $500,000 over three years. Pelangio and
Franco-Nevada would each retain a 10-per-cent participating
interest. Franco-Nevada reserves the right to convert its
10-per-cent interest to a 4-per-cent net smelter royalty on gold
production and 1.5-per-cent net smelter royalty on all other
minerals. Should Franco-Nevada elect to convert to a royalty
interest Pelangio would retain a 20-per-cent participating
interest.
Recent compilation work has shown that Block C and Block E
have excellent potential to host volcanogenic massive
sulphide deposits and/or copper-zinc gold deposits. Previous
exploration documented numerous significant occurrences of
copper/zinc mineralization in drill core, within altered felsic
volcanics. Explorers intends to focus its exploration work on
the base metal potential. A program of relogging, assaying and
lithogeochemical sampling of known mineralization in drill
core is currently under way.
PALL and Explorers are highly encouraged by the indicated
potential of the Detour Lake area and plan to aggressively
evaluate that potential.
PALL and Explorers are in the process of finalizing financing
negotiations with respect to their amalgamation, previously
reported in Stockwatch on May 29, with International Larder
Minerals and two other private companies, 1338756 Ontario
and 1232448 Ontario.



To: KC Jones who wrote (267)10/11/2000 12:14:07 PM
From: Midas  Read Replies (1) | Respond to of 278
 
KC;

PALL stock halted. Will let you know what's up as soon as I find out.

Midas



To: KC Jones who wrote (267)11/15/2000 4:41:47 PM
From: Midas  Respond to of 278
 
KC Jones:

PALL just announced that they have made a PGE discovery near Timmins.

Midas

PROSPECTORS ALLIANCE ("YRP-V") - New PGM Discovery in Loveland Township
Explorers Alliance Corporation (currently trading under its previous name of Prospectors Alliance Corporation, YRP-CDNX Toronto 20,466,121 outstanding shares) wishes to report that they have commenced an exploration program on a sulfide-mineralized gabbroic intrusion on their Loveland Township property held through Explorers' Joint Venture with Falconbridge Limited (Fl-TSE). Under the terms of the Joint Venture Explorers can earn up to a 50% interest by meeting future expenditure commitments.

During October, Explorer's completed a compilation of previous exploration work in the area of their Loveland Township property. The compilation revealed that previous drilling had encountered copper, nickel values over a strike length of 700 meters and had also located a moderate to strong TEM anomaly in the area of the previous drilling on the property. To the north and east of the property the 1988 OGS airborne survey had located a number of airborne anomalies. Based on this compilation Explorers acquired an additional 97 claim units. Twenty-seven (27) units were optioned from Moneta Porcupine Mines Inc., a further twenty-eight (28) units were optioned from prospector Robert Rousseau and forty-two (42) units were acquired by staking.

To date two holes totaling 447 meters have been completed. The first drill hole EL25-04 intersected 13.5 meters (drilled width) of heavily disseminated sulfides mainly pyrrhotite with chalcopyrite, which contain significant assay values for copper, nickel and the platinum group elements (PGE). The 13.5 meter thick mineralized zone contains a 5.2 meter interval grading 4425 ppm Cu, 3807 ppm Ni, 896 ppb Pd, 152 ppb Pt, 24 ppb Rh, and 92 ppb Au, including 1.0 m grading 6380 ppm Cu, 7420 ppm Ni, and 1443 ppb Pd. The 5.2 m interval also contains 186 ppm Co. A complete assay table for the mineralized zone is given below (1000 ppb=1g/t). Sampling of the drill core was completed at the company's facilities in Timmins, Ontario. Assays were performed by Swastika Laboratories in Swastika, Ontario, using a fusion and cupellation process for platinum, palladium and gold. This process is a fire assay on a 30 gram sample with the resulting bead being dissolved using nitric and hydrochloric acids with determination by atomic absorption. The copper, cobalt and nickel analyses were performed by geochemical atomic absorption methods.

The mineralized zones encountered in the previous drilling were not assayed for PGM's, apart from one hole completed by WMC International, which intersected 0.5 m grading 0.44% Cu, 1.10% Ni, 0.057% Co and 420 ppb Pd. Explorers' anticipates that these zones will contain PGM values similar to those located by hole EL25-04.

As a result of the acquisitions, the Company now holds the bulk of the mineralized gabbroic complex as well as several untested ground and airborne geophysical anomalies. A downhole survey has been completed on two holes which results have located a strong twenty channel off-hole anomaly that has now been targeted by drill hole EL 25-06. Drill hole EL25-05 encountered a 24.5 meter interval similar to the mineralized intercept in hole EL25-04. Samples have been sent to the lab and assays are pending.

Explorers' is very encouraged by these new results and will expand their program in order to explore the remainder of the gabbroic complex, which has been interpreted to occupy an area about 2 kilometers in width and 4 kilometers in length.

The following table gives detailed assay results for hole EL25-04:

Assays DDH - EL25-04

From To WIDTH Cu Ni Co Pt Pd Au

H ppm pm ppm ppb ppb ppb

meters

79.50 80.70 1.20 786 613 45 57 317 38

80.70 82.20 1.50 44 416 33 38 161 5

82.20 83.70 1.50 63 432 26 34 130 7

83.70 84.70 1.00 595 1150 56 69 477 27

84.70 85.70 1.00 6380 7420 271 201 1443 105

85.70 87.10 1.40 2070 1620 122 65 346 24

87.10 88.50 1.40 4930 3660 184 182 886 117

88.50 89.90 1.40 4880 3560 191 175 1066 127

89.90 91.50 1.60 619 1270 52 75 497 34

91.50 93.00 1.50 3040 2560 124 53 434 51

93.00 94.20 1.20 573 605 49 5 79 26

94.20 95.30 1.10 2980 2330 125 34 319 48

95.30 96.20 0.90 106 312 42 5 5 NIL

96.20 97.80 1.60 302 318 44 7 15 5

Averaged Intervals

From To Width Cu Ni Co Pt Pd Au

meters ppm ppm ppb ppb ppb ppb

83.70 93.00 9.3 3135 2884 139 114 708 69

84.70 89.90 5.20 4425 3807 186 152 896 92

Explorers re-iterated its announcement of October 12, 2000 to the effect that, until the formalities related to its continuance of the listing on CDNX as Explorers Alliance Corporation, Explorers' shares will continue to trade on a pre-consolidated basis under the Prospectors Alliance name. TEL: (416) 360-5333 Jean-Claude Bonhomme, President and CEO or Garry R. Stein, Vice-President, Chief Financial Officer and Secretary, Explorers Alliance Corporation



To: KC Jones who wrote (267)1/9/2001 5:14:28 PM
From: Midas  Respond to of 278
 
Hello KC Jones:

It looks like the company has made some news on the Ni-Cu-PGE play (they made a press release several days ago), as well as raised some money and are in the process of making more news.

Midas

Explorers To Launch Exploration On High Potential Bescheffer Property

Toronto, Ontario - Tuesday, January 9, 2001, 4:00 PM EST

Explorers Alliance Corporation (currently trading under its
previous name of Prospectors Alliance Corporation, YRP-CDNX
Toronto 20,466,121 outstanding shares) plans to conduct a diamond
drill program on its 100% owned property in Bescheffer Township
Quebec. The initial program of four (4) holes for a minimum of
1000 meters will focus on two sections of the property.

The Bescheffer property, located approximately 7 kilometers
southeast of Selbaie Mine, is underlain by a hydrothermally
altered sequence of felsic volcanics compositionally similar to
those hosting the Selbaie deposits. Geophysical surveys,
previously completed, have found several induced polarization
anomalies within the altered felsic rocks. Soquem Inc. reported
in 2000 that they had located two mineralized zones within 800
and 200 meters west of the property boundary. These zones have
been estimated by Soquem Inc. in March and May, 2000 respectively
to contain 600,000 tons grading 2.80% Cu, 2.80 g/t Au and 750,000
tons grading 2.00% Cu and 0.35 g/t Au. A drill hole collared 25
meters west of the property boundary intersected considerable
mineralization with reported assay values of 1.03% Zn, 1.82 g/t
Ag over 7.4 meters and 2.41 % Cu, 9.59 g/t Ag over 3.3 meters.
There are also several other intercepts over a wide (>100m)
thickness of altered felsic volcanics. A PEM survey completed on
this hole indicated a wide zone of mineralization to the east.
This wide zone would be located on Explorers property where
induced polarization anomalies confirm the pulse survey results.
Explorers plans to complete two holes in this area.

Approximately 7 kilometers to the northeast Soquem Inc. has also
reported a gold zone near the north boundary of Explorers
property. This zone of unknown size contains intercepts of 6.14
g/t Au over 2.3 meters; 4.37 g/t over 12 meters and 6.38 g/t over
8.0 meters as well as several shorter intercepts including 29.7
g/t over 0.5 meters. The zone is south dipping into the Explorers
property where induced polarization anomalies are located.
Explorers plans to complete two holes in this area.

Explorers is very encouraged by the Soquem results and intends to
aggressively explore this high priority target.

-30-

For further information, please contact:

Jean-Claude Bonhomme, President and CEO or Garry R. Stein,
Vice- President, Chief Financial Officer and Secretary, Explorers
Alliance Corporation at (416) 360-5333

* The map is available on the BCE Emergis website at
www.e-newsservices.com .



To: KC Jones who wrote (267)1/9/2001 5:20:36 PM
From: Midas  Read Replies (1) | Respond to of 278
 
Hello KC Jones:

Here are the Loveland Township Cu-Ni-PGE results

Midas

Prospectors Alliance Corporation -
Prospectors provides Loveland results
Prospectors Alliance Corporation YRP
Shares issued 20,466,121 Dec 28 2000 close $.090
Jan 4 2001 10:52:41

Mr. Jean-Claude Bonhomme reports
Explorers Alliance (currently trading under its previous name of Prospectors Alliance) has completed three additional holes on its Loveland township property, northeast of Timmins, Ont., held through Explorers' option and joint venture agreement with Falconbridge Ltd. Under the terms of this agreement, Explorers can earn up to a 50-per-cent interest by meeting future expenditure commitments. These holes, EL25-08, EL25-09 and EL25-10, bring the total number of drill holes to seven. Based on these seven holes and drilling completed by previous operators, Explorers has also calculated a tonnage and grade, based on exploration information, of approximately 1.1 million tons grading 0.28 per cent Cu, 0.54 per cent Ni and 0.3 grams per tonne (g/t) platinum group metals (PGE).
The three holes completed in December intersected pyrrhotite, chalcopyrite mineralization in disseminated zones within the previously reported gabbroic complex. Drilling has shown the mineralized zones ranging from 2 per cent to 3 per cent sulphides to massive sulphides contain significant copper, nickel and appreciable PGM, including platinum, palladium, and rhodium, with concentrations of cobalt.
The following table summarizes the significant assays in holes El25-08, El25-09, and El25-10. Drill hole El25-09 was drilled 260 metres north of previously reported drilling in El25-05 with the intercept approximately 350 metres north.

SIGNIFICANT ASSAYS

From To Length Cu Ni Co
(m) (m) (m) ppm ppm ppm

El25-08
130.8 136.0 5.2 2,139 1,154 87
143.8 146.5 2.7 1,946 1,293 91

El25-09
243.6 245.6 2.0 2,245 1,795 131
247.8 251.7 3.9 2,754 2,204 146

El25-10
49.7 63.6 13.9 2,238 1,284 109
incl.
56.8 63.6 6.8 2,326 1,393 105
72.8 74.9 2.1 6,013 3,295 235

From To Length Pt Pd Au
(m) (m) (m) ppb ppb ppb

El25-08
130.8 136.0 5.2 28 115 28
143.8 146.5 2.7 28 148 19

El25-09
243.6 245.6 2.0 42 233 14
247.8 251.7 3.9 32 185 49

El25-10
49.7 63.6 13.9 27 149 16
incl.
56.8 63.6 6.8 33 233 15
72.8 74.9 2.1 32 213 253


These drill holes have expanded the mineralized horizon to approximately 600 metres along strike.
Explorers' continuing compilation of historical data related to this project has revealed that there are several mineralized floats located to the southeast of the present drill area. These floats have returned assays of 3 per cent to 4 per cent Ni and range in size from 0.9 of a metre to 2.4 metres in diameter. The source of the floats is not known at the present time.
Based on the seven holes completed by Explorers and approximately 25 holes completed by previous operators, an attempt was made to estimate tonnage and grade to date. The calculation, based on exploration information, was completed using drilled widths, grade/thickness parameters and several informed assumptions. One such assumption is that the PGE from previous work (no reported assays) would be similar to the grades from the recent drilling relative to the copper/nickel assays.
The mineralization occurs in two semi-distinct zones which are separated by a few to possible tens of metres of weakly mineralized gabbro and the tonnages shown below are reported separately for each zone. These zones are referred to as the Disseminated zone and the Contact zone.
Although the Disseminated zone has been intersected to vertical depths exceeding 220 metres, a vertical depth of 150 metres was used for calculating tonnages. This zone extends for 250 metres along strike and has variable widths of one to nine metres. A total of 518,000 tons grading 0.42 per cent Cu, 0.41 per cent Ni and 0.4 g/t PGE have been estimated for this zone. A gross metal value of $51.00 (U.S.) per ton has been calculated for this zone.
The Contact zone intersected by several more drill holes than the Disseminated zone extends over 600 metres in strike length, to a vertical depth of 200 metres. The Contact zone ranges from 0.45 of a metre to 4.5 metres averaging approximately two meters in width. A total of 574,000 tons grading 0.15 per cent Cu, 0.65 per cent Ni and 0.3 g/t PGE have been estimated. A gross metal value of $60.00 (U.S.) per ton has been calculated for this zone.
Previous and present drilling have investigated only about 650 metres of the mineralized gabbro and contact zone. The area presently under investigation is associated with a TEM conductor located by Quantec Inc. Previous geophysical surveys and the remainder of the Quantec survey have located several untested anomalies along the projected contact between the gabbro and its host rocks. These anomalies represent high priority drilling targets and a TEM conductor on the north boundary of the gabbro on a group of claims optioned from Moneta Porcupine Mines Inc. is scheduled to be drill tested in January, 2001. Further drilling in the immediate vicinity of the two mineralized zones could at least double the present size estimates. Given that the Enid Creek property as a whole is largely undrilled, it represents a high priority exploration area, and has the potential to contain a Cu-Ni-PGE resource of several million tons.

(c) Copyright 2001 Canjex Publishing Ltd. canada-stockwatch.com



To: KC Jones who wrote (267)1/29/2001 10:24:01 AM
From: Midas  Respond to of 278
 
Hello KC Jones:

With consolidation of the five companies (including International larder) now completed and Explorer's Alliance trading on Vancouver under the symbol YXP, I migrating to the Explorer's Alliance thread to follow news about the company. See you there.

Midas

P.S. I spoke to management to find out the company's new stock symbol and was told there will be a press release with many details about the recent activity sometime today.