Moving aggressively to increase its exploration exposure away from its mining operation at Houston, B.C., Equity Silver Mines (tse) has approved a budget of $725,000 for its Ram precious metals property near Ross River, Yukon.
The program will begin this June and include about 11,000 ft of diamond drilling in three target areas where massive and disseminated sulphides with values in gold and silver have been located. Equity can earn a 60% interest in the Ram property from Fairfield Minerals by expending $2.4 million by Dec 31, 1990.
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