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Waseco Resources Inc V.WRI

Alternate Symbol(s):  WSRUF

Waseco Resources Inc. is a Canada-based exploration stage company. The Company is engaged in the acquisition and exploration of mineral properties. The Company operations are in Canada and the United States. The Company’s exploration projects include its primary project, the Battle Mountain Ridge Project in Nevada, United States, and interests in projects in the Quebec Labrador Trough and James Bay Lowlands. In Battle Mountain, Nevada, the Company leases 29 unpatented mining claims on the Battle Mountain Gold Trend, in Larder County, Nevada. In the Quebec-Labrador Trough, the Company controls these uranium prospects which consist of multiple blocks. Its James Bay Lowlands covers an approximately 2,440-acre claim block is in approximately to the DeBeers Victor mine in the Attawapiskat Region in Northern Ontario.


TSXV:WRI - Post by User

Bullboard Posts
Post by hanscazanon Jul 08, 2011 2:51pm
356 Views
Post# 18811942

good move by kalimantan Gold

good move by kalimantan Gold
And what is Waseco doing?
Published : July 05, 2011

VANCOUVER, BRITISH COLUMBIA--(Marketwire - July 5, 2011) -Kalimantan Gold Corporation Limited (the "Company") (News - Market indicators)(AIM:KLG) is pleased to announce the appointment of Mr. Bambang Setiawan as Commissioner (a senior advisor) to the Board of PT Kalimantan Surya Kencana ("KSK"), a wholly owned Indonesian subsidiary of the Company which holds the KSK Contract of Work.

Mr. Bambang Setiawan is a former Director General of the Department of Mines and Energy in Indonesia. Mr. Setiawan's deep local knowledge and experience both within the government and the mining industry in Indonesia is a welcomed addition to strengthening KSK's expertise in government relations and the board of KSK. Mr. Setiawan received his Ph.D in Geology and Mining Exploration from The Ecole Nationale Superieure Des Mines de Paris, France, in 1993. Mr. Setiawan spent 30 years at the Department of Mines and Energy before joining KSK.

In conjunction with this appointment, the Company has granted 200,000 five year share purchase options, at an exercise price of C
.07 per share.

Bullboard Posts