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 : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: Condor who wrote (24996)12/4/2003 9:41:49 AM
From: Jean East  Read Replies (1) | Respond to of 39344
 
LSG wanted a deal with BAN cecause of the 1km rule... if the zones on Holmer's property extend into the BAN property, Lakeshore's deal is 60% but Holmer gets 50% of that. Anything within 1 km Holmer gets 30% of whatever is there within that kilometer. Same goes with any other adjoining property...Holmer has all rights within 1 km. .



To: Condor who wrote (24996)12/4/2003 9:46:57 AM
From: peter snowdon  Respond to of 39344
 
from yesterday's HGM NR:

"All adjoining properties within one km from the property boundary acquired by Lake Shore, including Band-Ore option will become part of Holmer-Lake Shore Gold option agreement"

LSG has an option on 60% of bandore's thunder creek property, so i assume that means that HGM has half (i.e. 30%) of any part of that which is within 1 km of the boundary. but it might be worth clarifying this with the company.


HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News