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


To: loantech who wrote (14546)6/21/2005 2:51:44 PM
From: Rocket Red  Read Replies (3) | Respond to of 18308
 
Dasher to start drilling Klondike property in July

2005-06-21 14:49 ET - News Release
Shares issued 9,512,991
DAE Close 2005-06-20 C$ 0.71

Mr. John Lando reports

DASHER TO COMMENCE EXPLORATION IN THE KLONDIKE

Dasher Exploration Ltd. will commence a 10,000-foot rotary percussion drilling program on 20 quartz (hard rock) mining claims in the Klondike, Yukon, the first week of July.

The Klondike property encompasses approximately 1,000 acres in the northwest of the historic Klondike goldfields, near Dawson City. The company acquired an option on the property from exploration geologist Jim McFaull in January of this year.

Historically, at least 13 million ounces of placer gold have been produced from the Klondike goldfields. However, hard rock prospecting in the district has consistently failed to locate the source of this placer gold.

The Klondike property covers a geologically, geophysically and geochemically anomalous area that supports a target model that Mr. McFaull developed while researching possible bedrock models for the source of the Klondike placer gold. The company believes the claims present an excellent exploration target for the source of the placer gold mined from the area