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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: john who wrote (3901)7/28/1998 3:51:00 PM
From: bill718  Read Replies (2) | Respond to of 4718
 
Does it matter who gets the prestigious title of "operator"? It's a JV, therefore work must be agreed upon by both parties.

Also, this is AGC's ONLY property and they were there before ANZ, so why not let them give it all their undivided attention?

If August drilling (which should begin by next week) turns up good results, that is all that will matter.



To: john who wrote (3901)7/29/1998 2:05:00 AM
From: Mike G  Read Replies (2) | Respond to of 4718
 
I talked to AGC a couple of days ago, and they said that they were taking over the operations. It seems they wanted control. They are following Strathcona's advice to locate, map-out, and drill. Strathcona minerals has analyzed all of the data, and given them specific targets to drill. Strathcona's opinion is that the creek zone is 4 to 6 miles in length. The area is not a poryphery but mineralized, and I believe 3 of the holes were mineralized the extent of the drill, from top to bottom from what I see in the news release. I posted hi-lites of my discussion on the AGC list.

Mike G