SI
SI
discoversearch

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 : ATNA ( v.atn t.atn) -- Ignore unavailable to you. Want to Upgrade?


To: MacLoud who wrote (212)2/5/1998 8:19:00 PM
From: Blake  Read Replies (1) | Respond to of 509
 
Hey folks, sorry to butt in but I thought this news release would perk some interest. Maybe the focus for Atna will be alleviated from the wolverine zone to the wolf property until Boliden figures out what route to take with the wolverine property. Maybe Pathfinder Resources is on the trail of something as they have staked 71 additional claims just in case to protect some off claim conductors??? Potential for another Area play???? Let's not forget Atna's Ontario properties, B.C. properties and their equity interest in Grayd Resources.

Blake

Pathfinder Resources Ltd -

Starr project airborne geophysical survey results

Pathfinder Resources Ltd
PHR
Shares issued 7603501
1998-01-28 close $0.3
Thursday Feb 5 1998
Mr Victor Tanaka reports
The company has received the preliminary results for the helicopter-borne
geophysical survey flown over its 100% owned Starr property situated in the
Finlayson Lake region of the southern Yukon. The survey has detected 15 EM
conductors which appear to lie within the favourable volcanic belt and are
considered to be potential sulphide zones by the company's geophysical consultant
Larry LeBel. An additional 71 claims were staked in January to protect some
off-claim conductors and bringing the company's property size to 511 claims
(10,685 hectares).
The property was staked in September 1997, on the extension of the volcanic belt
in which Atna announced earlier that month, a discovery drill intersection of 25.2m
of massive sulphide mineralization grading 6.94% zinc, 2.78% lead and 138.6 g/t
silver on the Wolf property.
A reconnaissance of the Starr property last fall located 20 gossan zones, some of
which are visually similar to the Wolf zone, appear to occur on the same
stratigraphic horizon, and contain anomalous levels of zinc and lead. Some of the
EM conductors appear to coincide with several of the gossan zones.
The company is encouraged by the current results and looks forward to
conducting a follow up program of prospecting, geological mapping and ground
geophysics as soon as conditions permit. The objective is to reach the drilling
stage in 1998.
The company is continuing to identify and evaluate advanced stage projects for
potential acquisition or joint venture on a worldwide basis while at the same time
remaining open to opportunistic earlier stage acquisitions such as the Starr project.