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

To: Bat Man who wrote (27633)	2/2/2004 3:15:57 PM
From: Rocket Red	Read Replies (1) \| Respond to of 39344

Adanac Gold Corp (C-AUA) - News Release Adanac adds to Atlin holdings Adanac Gold Corp AUA Shares issued 11,447,513 Jan 29 2004 close $ 0.21 Friday January 30 2004 News Release Mr. Larry Reaugh reports ADDITIONAL CLAIMS ACQUIRED AT ADANAC MOLYBDENUM PROJECT Adanac Gold has acquired by staking an additional 60 claim units contiguous to its existing claims located 24 kilometres northeast of Atlin, B.C. The claims cover the locations for waste dumps, a tailings pond area, a production plant and construction camps as proposed in the 1980 stage two feasibility study by Placer Development Ltd. This increases the size of the existing claims from 2,575 hectares to 4,075 hectares. ADANAC MOLYBDENUM HIGHLIGHTS Resource: 151,971,000 tonnes grading 0.063 per cent Mo Cutoff grade: 0.04 per cent Mo Mining method: open pit Stripping ratio: 1.5:1 The above resource number is a historical number and has not been checked or developed by the company. It predates National Instrument 43-101 requirements and is only used to facilitate the scoping study. Based on positive encouragement from the scoping study, the company will initiate an updated resource study that meets all of the requirements for NI 43-101. The company expects to receive the results of the scoping study being conducted by DW Philip Mining Services early next week. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2004 Canjex Publishing Ltd. stockwatch.com old url (better for printing)