Dolphin expands Nfld. land holdings

The Phillips Brook extension, a 46-claim group covering 736 hectares, has been staked on the western boundary of the Phillips Brook property.

And, two claim blocks totalling 2,720 hectares have been staked in the Snail Pond area which is on the northeastern extension of the Cape Ray fault zone. This area is about 30 km northeast of the main zone.

Dolphin, part of the Corona group of companies, has a land inventory position in Newfoundland of more than 31,239 hectares. Dolphin’s exploration budget for 1989 is $4.71 million.

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