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 : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (86027)	5/28/2002 4:25:12 PM
From: edde	Respond to of 116845

VEDRON GOLD @ $0.21 CAN Vedron Gold Inc.: Placer Dome Commences Drilling 11:37 EDT Wednesday, April 24, 2002 TORONTO, ONTARIO-- TIMMINS GOLD CAMP, TIMMINS, ONTARIO Vedron Gold Inc. is pleased to announce Placer Dome (CLA) Limited has commenced drilling at various locations on the Vedron property. Placer has completed 15,000 feet of drilling to date consisting of 21 drill holes on the property. The Buffalo Ankerite area where open pit mining occurred in the early 1970's is the primary focus of the drilling program at this time. Placer plans to complete about 25 more drill holes in the current program for an estimated total of 25,000 feet of drilling through spring 2002. Placer has also begun to calculate a resource estimate on the Contact and the Hanging Wall zones situated in the Fuller deposit. Vedron entered into an option agreement with Placer on March 29, 2001 where Placer can earn a 51% interest in the Vedron Property by performing $4.5 million in exploration work over a period of three years. The Vedron Property is adjacent to the Dome Mine operation where Placer Dome produces in excess of 300,000 gold ounces per year. FOR FURTHER INFORMATION PLEASE CONTACT: Vedron Gold Inc., Tom Meredith, (416) 368-0099, www.vedron.com, The Canadian Venture Exchange has not reviewed and does not, accept responsibility for the adequacy of this release. © 2002 CCNMatthews