Selectek Industries (VSE) has reached an agreement with Goldbrae Developments (VSE) whereby Selectek will earn a 50% interest in Goldbrae’s North Star property in the Snow Lake area of Manitoba by spending $250,000 on exploration work over three years.
High grade gold samples have been found with chalcopyrite, pyrrhotite and pyrite mineralization. Grab samples from the muck pile returned as much as 21 oz gold per ton. Bulk sampling in 1936 gave 0.226 oz over 10.9 ft and 0.216 over 9.7 ft.
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