An option agreement with Tellis Gold Mining gives International Curator the right to earn a 50% interest in the Arica gold prospect located in Riverside Cty., Calif.
To earn the interest, International Curator must pay Tellis $10,000(US) and complete 4,000 ft of reverse circulation drilling. Thereafter, both companies will contribute to costs on a 50/50 basis.
The old Lum Grey mine is the prime area of interest. Surface sampling in 1980 over a strike length of 270 ft averaged 0.299 oz gold per ton over an average width of 8.5 ft. Current drilling will test the down- dip extension of surface mineralization at the Lum Grey mine. The program was to start by mid-March and will be completed by April.
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