LAST BUT NOT LEAST — Hol-Lac inks Ukrainian deal

Under an agreement with a Ukrainian state mining company, CDN-listed Hol-Lac Gold Mines can explore and develop several gold properties in northern Ukraine.

Hol-Lac plans to review geological and assay data before carrying out field inspections in June and July. Property selection will follow. In other news, Carissa Mining (VSE) will begin drilling in June on Hol-Lac’s wholly owned Carissa mine property near South Pass City, Wyo. Carissa can earn a half interest by spending $500,000 on exploration and development by December, 1995.

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