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Icon Energy Ltd V.ICN


Primary Symbol: ICNOF

Icon Energy Limited is an Australia-based oil and gas exploration company. The Company has a 100% interest in, and is operator of, the ATP 855 tenement and the basin-centered gas resource that it contains. The Company’s ATP 855 is located in the Cooper-Eromanga Basin on the eastern side of the Queensland and South Australian border. The Company's tenements include ATP 855, PRL's 33-49, ATP 594, PEP 170, PEP 172, and PEP 173. PRL's 33-49 are adjacent to ATP 855 on the western side of the border, and both permits share part of the Nappamerri Trough. ATP 855 is located in the Nappamerri Trough, one of the six troughs within the Cooper Basin. The tenement covers the deepest part of the trough, containing the thickest sequence of Permian sediments in the entire Cooper Basin. It is within these sediments that a large, unconventional, basin-centered gas resource has been discovered that extends across the entire tenement. ATP 855 occupies a total area of 1,679 square kilometers (km2).


OTCPK:ICNOF - Post by User

Comment by SevenFigureson Jan 19, 2012 8:02pm
307 Views
Post# 19424663

RE: NEWS.......

RE: NEWS.......

now we know the silver property was not in leadville as previously speculated...

initial search on google about silver cliff:

www.silvercliffco.com

this is a bio of the silver cliff property's owner; good stakeholders to have around I would say...

https://www.yc.edu/v4content/alumni/docs/profiles/knight.david.pdf

"The team's mandate was to find 3 to 5 million ounces in five years. The team discovered 20 to 25 million ounces in three years. Dave played an early and major role in the discovery of the Leeville gold de-posit by recognizing the importance of wispy-laminated textural characteristics within the upper Roberts Mountain Formation host rock in combination with the presence of Carlin replacement-style mineralization in some of the first drill holes.

Dave and Debby Knight founded Carlin Trend Mining Services and Supplies, based in Elko, Nevada in 1994, and Dave remained geo-logically active acquiring several properties during the low gold price years from 2001 through 2003. Some of these properties be-came the core property assets for junior exploration companies including Tone Resources which was bought out by US Gold in 2006.

Dave says "that being an exploration geologist has been the most fun and satisfying job one can have. There is always the anticipation of finding a prospect, defining a target, and making a big discovery. It is like a big treasure hunt where you apply the scientific method, knowledge, logic, new and old technology, and intuition to find a product that is valuable, creates jobs, and benefits society."

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