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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge -- Ignore unavailable to you. Want to Upgrade?

To: SAM-DAN who wrote (11053)	1/22/2003 10:13:44 PM
From: Al Collard	Read Replies (1) \| Respond to of 11802

SLT-v...in the news: Solitaire adds to Red Lake holdings Wed 22 Jan 2003 News Release Mr. Charles Desjardins reports SOLITAIRE ANNOUNCES ACQUISITION CONTIGUOUS WITH GOLDCORP Solitaire Minerals has acquired 37 claim units totalling 1,500 acres in Byshe township in the prolific Red Lake mining district. Two of the claims (No. 1244534 and No. 12445350) are contiguous with Goldcorp Inc.'s Red Lake mine claim group, and lie approximately 800 metres south of the Headway property, in which the company is earning a 50-per-cent interest from King's Bay Gold Corp. The company has the right to acquire a 100-per-cent interest in the properties by paying $72,000 to the property vendor and issuing 160,000 shares in graduated instalments over four years. In addition, the vendor will retain a 2-per-cent net smelter royalty, 1 per cent of which can be purchased by the company for $600,000. "This acquisition solidifies our position as a leading junior exploration company with land positions contiguous with the Goldcorp claim group," said Charles Desjardins, president of Solitaire Minerals. Goldcorp is mining a 3.8-million-ounce deposit at Red Lake from what is currently the richest gold deposit in the world.

To: SAM-DAN who wrote (11053)	1/22/2003 10:15:16 PM
From: Al Collard	Respond to of 11802

SNO-v...in the news: Snowfield arranges $450,000 of private placements Wed 22 Jan 2003 News Release Mr. Robert Paterson reports PRIVATE PLACEMENT Snowfield Development has arranged a private placement of up to a maximum of two million flow-through shares at a price of 15 cents per flow-through share and a maximum of one million non-flow-through units at a price of 15 cents per non-flow-through unit. Each unit will consist of one common share and one non-transferable share purchase warrant. Each warrant will be exercisable for a period of two years and will entitle the holder to purchase one additional common share in the capital of Snowfield at 20 cents per share during the first year and at a price of 30 cents per share during the second year. The gross proceeds of the private placement will be, if fully subscribed, $450,000. The gross proceeds from the sale of flow-through special warrants, up to $300,000, are intended to be used to finance programs of exploration on Snowfield's Drybones Bay properties, Drybones Bay area, Great Slave Lake, Northwest Territories, and the gross proceeds from the sale of units, up to $150,000, will be applied to general working capital, including the payment of any applicable finder's fee and the payment of property option payments. Any funds received by Snowfield from the exercise of warrants will be added to general working capital. The private placement will be closed when the documentation is accepted for filing by the TSX Venture Exchange.