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Riverdance Resources Corp - Silver Ridge exploration to begin Riverdance Resources Corp RVD Shares issued 7976264 1998-06-11 close $0.1 Friday Jun 12 1998 Mr. Kevin McCrory reports The company has received the permits necessary to begin drilling at the Silver Ridge property, 48km east of Revelstoke, B.C. A $100,000 phase I work program consisting of trenching and diamond drilling is expected to begin by the end of June 1998. Riverdance as to 30 per cent and Achieva Development as to 70 per cent have an option to acquire the 4,290 acre Silver Ridge property. Achieva Development will be the operator of this project under the supervision of Carl Verley of Amerlin Exploration Services. Silver, lead and zinc mineralization was first discovered on the claims in the 1890's. Chip samples collected during the 1997 field season assayed up to 3.03 oz Ag, 12.32 per cent PB and 4.67 per cent Zn over 2m across mineralized sections. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com Mr Metals | ||||||||||||||
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