To: Thomas Boychuk who wrote (546 ) 4/26/1999 11:55:00 AM From: Thomas Boychuk Read Replies (1) | Respond to of 555
FYI- Here is an uptodate summary of TYR and the exploration plays that the company will be participating in this coming season. Troymin continues to be a participant in the early stages of some of the more exciting new exploration plays in North America. Our presence in Alaska is timely as we have been able to acquire prospecting sites within the Tintina Gold Belt near the POGO discovery. Goodpaster Gold Prospect, Alaska – Acquired 5 blocks (approx. 35,000 acres) of mining claims and prospecting sites in the Goodpaster mining district of east central Alaska, located approx. 100 miles southeast of Fairbanks. The Teck-Sumitomo POGO gold discovery reported to contain a resource of 5.2 mm/au is within 10 miles of our prospecting sites. A preliminary exploration program is anticipated this summer. Moose Horn, Yukon – Acquired over 300 claims located 100 km east of the POGO discovery. Field program to commence this summer. Prospector Mountain, Yukon – After evaluating results of the 1998 exploration, trenching and/or diamond drilling will be undertaken on the property this year. Lac de Gras, NWT – ATW Resources Ltd., of which 20% is owned by Troymin, has a 35% interest in the ATW claims which lie along strike within the Aber 154 and Dia Met Misery diamondiferous kimberlite trend. Kennecott Canada is the operator of this project. Lac Rocher, Quebec – 100% interest in 59 claims approximately 40 km northwest of the Nuinsco nickel discovery where major drilling is underway. Buffalo Hills, Alberta – Troymin is still evaluating the BH Diamond Play, and will perhaps seek a new joint venture partner for further exploration work. The area is still being actively explored by other companies. Regards Tom