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.