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Penbar Capital Ltd V.PEM


Primary Symbol: V.PEM.P

Penbar Capital Ltd. is a Canada-based capital pool company. The principal business of the Company is to identify and evaluate opportunities for the acquisition of an interest in assets or businesses and, once identified and evaluated, to negotiate an acquisition or participation by completing a qualifying transaction. The activities of the Company are initially limited to the efforts to identify and evaluate the acquisition of assets and business, which would represent a qualifying transaction for regulatory purposes. The Company has not commenced commercial operations and has no significant assets.


TSXV:PEM.P - Post by User

Bullboard Posts
Post by dinero2on Jul 30, 2010 7:27pm
524 Views
Post# 17312306

Chrome Mountain - Montana

Chrome Mountain - Montana

This is for the new people to this board, and those of you who haven't read it yet:
Part 1

July 6, 2010

Mineral Exploration Proposed in Chrome Mt Area

Big Timber, MT – Premium Exploration, Inc. has submitted a plan of operations for exploratory

core drilling on Forest Service lands in the Chrome Mountain area between Nye and Big Timber,

Montana. The Gallatin National Forest’s Yellowstone Ranger District is seeking public comment on this

proposal. The Forest Service is responsible for approving or requiring modifications to this plan in

accordance with applicable mining and environmental law.

A maximum of 15 sites would be drilled in this area on the Gallatin National Forest. Dependent

upon weather and snow conditions, exploratory drilling could start as early as September 2010. Drill rigs

would be mobilized using helicopters and ground-based equipment. No road or trail construction is

proposed. Up to two drill rigs would be working at one time and drilling at each site could occur up to 24

hours per day. As each exploration hole is completed, the drill rig would be moved to the next location

and reclamation would be completed. All areas disturbed by exploration operations would be reclaimed

to prevent or control environmental damage and return the areas to a stable configuration similar to the

original condition.

As required by the National Environmental Policy Act, the Forest Service is conducting scoping

for public comment. Comments will be used to determine the level of analysis and identify any issues

relating to this proposal. Concerns or issues should display points of dispute or debate relevant to the

plans of operations. Scoping comments received, including names and addresses of those who comment,

will be part of the public record on this proposal and available for public inspection.

For further information, to provide comment, or to be added to the mailing list for this project,

please contact Dan Seifert, at 6811 US Highway 212 South, Red Lodge, MT, 59068; by telephone at

(406) 446-2103, or by email: comments-northern-custer-beartooth@fs.fed.us. Project documents are

available online at www.fs.fed.us/r1/gallatin/?page=projects. Please provide comments or input

addressing the plans of operations by August 2, 2010.

Bullboard Posts