albite The Joint Venture Agreement with YTC Resources Limited ("YTC") over the entire 9
units of EL 6389 is expected be executed in the next quarter. Under the new
Agreement, YTC has agreed to expend a total of $400,000 before 31 March 2009 to
earn 80% interest in EL 6389.
The two diamond drill holes (to depths of about 200m) completed earlier confirmed
the presence of narrow, high grade tin lodes. Best results were 0.8m @ 3.64% Sn
from 40.7m for HD04 and 1.0m @ 1.23% Sn from 60m for DD02. No further field
work were undertaken during the quarter.
units of EL 6389 is expected be executed in the next quarter. Under the new
Agreement, YTC has agreed to expend a total of $400,000 before 31 March 2009 to
earn 80% interest in EL 6389.
The two diamond drill holes (to depths of about 200m) completed earlier confirmed
the presence of narrow, high grade tin lodes. Best results were 0.8m @ 3.64% Sn
from 40.7m for HD04 and 1.0m @ 1.23% Sn from 60m for DD02. No further field
work were undertaken during the quarter.
- 0 ratings
Leave a comment