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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: jackjc who wrote (34180)	2/4/2005 1:22:14 PM
From: zebra4o1	Read Replies (2) \| Respond to of 39344

Yes, that's correct, Richard Hughes' company, Klondike Gold aggregated a lot of claims along these shear zones, and recently optioned them to a new company, Klondike Star. "Klondike Star Mineral Corporation announces that the company has completed the terms of the earn-in option agreement for 55% interest in the Lone Star claims in the Klondike Mining District, Yukon, Canada by spending a total of $2,250,000. Klondike Star may earn up to 65% by completing a feasibility study, and has informed Richard Hughes of its intentions to do so in a recent meeting in Whitehorse, Yukon during the annual Geoscience Forum. " klondikestar.com This new company Klondike Star has a beautiful elaborate web site - kind of over the top for a bulletin board listed company. Makes your mouth water looking at all those picturesque views of the Yukon and nice rock samples with visible gold. But if this geology 101 story about finding the 'mother load' is true, seems like people would have figured this out years ago. The area has been actively mined for 100 years now. Companies love to talk about how an area has not been explored with modern prospecting methods. Have there really been significant advnaced in exploration methods in the last decade?