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Politics : Gold and Silver Stocks and Related Commentary -- Ignore unavailable to you. Want to Upgrade?


To: Claude Cormier who wrote (8034)3/5/2005 5:37:11 PM
From: rubbersoul  Read Replies (1) | Respond to of 18308
 
EDIT: Yes it says that he is the Geological Consultant for DAE.

You could be right, Claude. But I saw Lando and Fraser's name at the bottom of this DAE fact sheet while surfing. Perhaps things have shifted now. But you are right, CKG is the main force behind Juliana. They have up to 60% interest as I recall.

Wow, if Juliana delivers, both DAE and CKG shareholders will be very happy and probably rich!

JH

The La Juliana property consists of three

claims covering over 700 hectares

La Juliana is located in eastern Sonora State,

Mexico, in the Mulatos Mining District and is

accessible by an all-weather road.

La Juliana is a volcanic-hosted, high-sulphidation

epithermal gold prospect. Both the El Sauzal

deposit (3.2 million ounces) and the nearby

Mulatos deposit (4.0 million ounces) are high

sulfidation deposits slated for near term produc-

tion.

La Juliana is situated at the north end of a 3-

kilometer long silicified ridge, a topographical

feature that appears to represent a large

epithermal 'silica cap'. Zones of high-grade gold

mineralization extend for more than 500 meters

along a major north-northwest trending fault.

More than 250 surface samples have been

collected and assayed

Selected rock chip samples taken from partially

exposed outcrops in cross-cutting structures

returned 22.5 m of 3.5 g/t Au, 9 m of 4.0 g/t Au,

and 17 m of 0.7 g/t Au. Abundant visible gold is

present.

Drilling planned for early 2005

The goal of the initial work program, which

includes trenching, sampling, geochemistry, and

geophysics is to refine the geological model and

to further define drill targets. An extensive

drilling campaign is expected to start in spring

2005.

Capital Structure

Issued and outstanding

shares :

9,826,920

Stock options @ $0.30

675,000

Warrants @ $0.18

2,000,000

Warrants @ $0.57

714,495

Warrants @ $1.00

1,800,000

Agent’s options @ $0.85

360,000

Agent’s warrants @ $1.05

180,000

Fully Diluted Shares

15,556,415

Cash on-hand

$3,079,649

Fully diluted cash

$6,344,411

Management

John Lando, President/Director

Paul MacNeill, Director

John Fraser, PGeo, MSc Geology, BSc

Geophysics, Geological Consultant