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Gold/Mining/Energy : Anvil Resources (V.ANV) -- Ignore unavailable to you. Want to Upgrade?


To: Stew who wrote (2037)11/25/1998 7:28:00 PM
From: Sapper  Read Replies (1) | Respond to of 2214
 
Anvil increases interest in Voisey Bay property to 100%

Anvil Resources Ltd ANV
Shares issued 22,597,333 Nov 25 close $0.47
Wed 25 Nov 98 News Release
Mr. Brian Hawes reports
In Stockwatch dated Oct. 8, 1997, Anvil announced that it and Fleck
Resources had entered into an option agreement with Pacific Golden Spike
Resources whereby Anvil and Fleck have each acquired two options to earn up
to a 33.3 per cent interest in a property comprising 100 claims. The
property is contiguous to the north end of the Anvil Fleck Voisey Bay West
claim block and contiguous to the northwest of Inco's discovery claim block
in Labrador. Anvil has now purchased all of the interest of Golden Spike in
the property and the option agreement. The result of this agreement and the
result of the agreement with Fleck announced in Stockwatch Sept. 8, 1998,
is that Anvil now owns a 100 per cent interest in the property, subject to
a 3 per cent nsr royalty.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com