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Galore Resources Inc V.GRI

Alternate Symbol(s):  GALOF

Galore Resources Inc. is a Canada-based junior mineral exploration company. The Company is involved in the acquisition and exploration of mineral property interests in North America. The Company's Dos Santos project is a gold exploration project located in northern Zacatecas State, Mexico. The Company has a 100% interest in the Dos Santos project, which covers around 15,000 hectares (37,065 acres) of mineral claims. The Dos Santos project covers a geologically attractive area in the Concepcion del Oro Mining District with the potential to host world-class gold-silver-lead-zinc mineral deposits. The Dos Santos project's main targets include El Alamo, San Jose, Los Gemelos and La Palma. The main area of gold mineralization at El Alamo measures over 500 meters long and up to 110 meters wide. The San Jose area is located at the East Margin of El Alamo Ridge, and it shows a continuous gold anomaly along the northern portion of the Dos Santos. Its subsidiary is Minerales Galore, S.A de C.V.


TSXV:GRI - Post by User

Bullboard Posts
Comment by ad568on Sep 26, 2000 3:35pm
67 Views
Post# 2560886

RE: New Investor

RE: New Investorcheck out a few of the recent posts. Co. is currently up for grabs with non-binding bids due Oct. 3 Hopefully by calendar yr. end rewards will be given. Hard to say what eventual outcome may be, at last check co. was somewhere in the mid 500 barrels per day production level. Recent acqusitions have been going for a real range however somewhere between $25,000 to $35,000 per daily barrel might be ballpark. Less than 10mil. shares o/s and I believe less than 3mil. debt. There still may be a bit of an opportunity left however not quite the same as when first posted.
Bullboard Posts

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