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Gold/Mining/Energy : Donnybrook Resources (DNY:VSE) -- Ignore unavailable to you. Want to Upgrade?


To: Wats who wrote (15)12/9/1997 10:35:00 AM
From: burner  Respond to of 49
 
Wats,
I haven't heard anything. If I do I will let you know.
Dan



To: Wats who wrote (15)1/8/1998 6:19:00 PM
From: burner  Respond to of 49
 


Zodiac Exploration Corp ZIP
Shares issued 20,897,905 Jan 7 close $0.09
Thu 8 Jan 98 Acquisition
The VSE has accepted for filing an agreement dated November 7 1997 between
the company and White Wolf Explorations (Lloyd C. Brewer) whereby the
company has acquired a 100% interest in the Golden Boy project located in
Manitoba. Consideration is $25,000 and the issuance of 100,000 shares. The
company has filed a geological report dated November 25 1997. The property
is subject to a 2.5% nsr royalty of which 80% can be purchased as to
$1,000,000 for 40% and 100,000 shares for 40% subject to further exchange
review and acceptance.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
-------------------------------------------------------------------------------------------------------
Wats,
I spoke with Don Morrison the other day. the company is taking a wait/see approach to the property. They are still 3-4 weeks away from seeing what results come out of the Pro-Am drilling. Pro-Am has had indications of nickel/cobalt and I understand they are doing very deep drilling maybe 5000 ft. ZIP's property is only about 3 miles from Winnipeg and the company is really pleased with the logistics if the property shows potential. Don likened the area to the Sudbury Basin. If things live up to potential they have rights of first refusal on some other properties is the vicinity---hopefully this becomes an "area play".
Regards,
Dan