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Gold/Mining/Energy : Noranda (TSE;NOR) -- Ignore unavailable to you. Want to Upgrade?


To: ackbh who wrote (61)4/5/1998 6:36:00 PM
From: ackbh  Respond to of 197
 
Falconbridge/Earth Search

From Earth Search Sciences Annual Report:

Falconbridge, Limited (approximately $2.5 billion Canadian annual
revenue mining company) has signed a memorandum of agreement to explore and
develop the base metals on the Polygon (Kazakstan). Falconbridge has provided
assistance to Earth Search in meeting the terms and conditions of the new
Kazakstan mining laws that require that a major mining company be part of any
team that seeks to develop Kazakstan's mineral resources.

Falconbridge, Limited and Earth Search have also signed a letter of
intent to form a new company whose mission is exploration and development of
resource opportunities. The relationship continues to develop within the stated
conditions of the letter.

Earth Search Sciences has 43,000 sq km under license to explore and develop minerals in Kazakhstan. Here is an outside company's preliminary evaluation of the area:

sec.gov