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Gold/Mining/Energy : Winspear Resources -- Ignore unavailable to you. Want to Upgrade?


To: Sam who wrote (18702)4/28/1999 9:50:00 PM
From: Gord Bolton  Read Replies (2) | Respond to of 26850
 
I'm sure that it will be a little sweetener for Diamondex.
This baby is just begging to be drilled.

From ITL Capital web site

NWT Diamond Play

In Canada's Northwest Territories, ITL Capital and Internationa1 Riley Resources each hold a 50% interest in the CJ Claim Group which is located in the same region as major diamond discoveries by BHP/Dia Met and Aber/Kennecott. International Riley recently agreed to expend approximately $100,000 on the claims in consideration for ITL transferring 10% of its 50% interest in the properly to International Riley.

The joint venture recently completed a sampling program on the CJ claims. More than 70 samples arc being processed by the Saskatchewan Research Council for diamond indicator minerals. This sampling program will allow the joint venture partners to prioritize areas for a follow-up drill program, possibly during the winter of 1999.