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 : Exploratory Mining Companies getting ready to EXPLODE -- Ignore unavailable to you. Want to Upgrade?


To: CLK who wrote (13)6/27/1998 2:25:00 PM
From: Robert  Read Replies (1) | Respond to of 99
 
Yep, GDSA owns a 51% interest in 327 of the unpatented lode claims of Intergold Corporation known as the Blackhawk II claims. Results of surface sampling on the Blackhawk II claims have provided excellent preliminary indications for gold with surface samples to date providing gold values ranging between .0 5 - .11 opt.

VGAA (Vega Atlantic Corp.) also a sister property with excellent surface results. The Vega Claims are three and one-half miles long and about 2,000 feet wide with gold values varying between .06 - .21 ounces per ton (opt). The average value is 0.11 for the entire zone as represented by six rock samples taken one mile centers. This zone is a mirror image of Intergold's Blackhawk occurrence at a similar stage of exploration.

Both companies have funding and it is expected to close in two stages with the first $500,000 to be received on or before May 15, 1998, and $500,000 to be received on or before September 30, 1998. Funding to be received will be utilized to provide further surface sampling and a preliminary drilling program.

Robert...