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Gold/Mining/Energy : North American Palladium(AMEX:PAL)- PGM Producer -- Ignore unavailable to you. Want to Upgrade?


To: DRT who wrote (251)1/5/1999 8:38:00 PM
From: WWS  Read Replies (2) | Respond to of 976
 
DRT, below is the URL to the exploration section of PDL's most recent (3rd Qtr) report. It indicates that they're spending $1.1 mm in 1998 for drilling/trenching in four or five different places both close by and out as far as 30 km from the existing open pit. They report locating smaller tonnage occurrences up to about 1/4 oz/ton combined PD/PT and larger tonnages of lesser concentration ores. As to other prospective PGE juniors, I own some AVL, some BAN and some NVE. NVE will probably drill the Raglan this year (pending financing) and they have trenching results showing considerable PGE (and nickel/copper) mineralization over quite extensive areas alongside existing properties being mined by FL.
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