Companies pool lands in Iskut River area

American Ore reports it has pooled its lands in the Iskut River area of northwestern B.C. with those of Golden Band Resources in the area, under an agreement made between American Ore, Golden Band, and Delaware Resource Corp.

According to American Ore, the pooled land holdings exceed 12,000 acres, and are contiguous to the north of the Cominco/Delaware S.N.I.P. gold discovery.

With expenditures of $400,000 each, American Ore and Golden Band can each earn a 33 1/3% interest in the pooled lands. Drilling could start this summer, depending on the results of current surface exploration.

Print

 

Republish this article

Be the first to comment on "Companies pool lands in Iskut River area"

Leave a comment

Your email address will not be published.


*


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close