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TGX Energy & Resources Inc V.TGX

Alternate Symbol(s):  TNGMF

TGX Energy & Resources Inc., formerly True North Gems Inc., is engaged in the exploration and evaluation of natural resource properties in Canada. Its properties include True Blue, Cobalt Hill, Chuchinka rare earth element (REE), Decelles and The Nabikok. The True Blue Property comprises around 303 claims located 55 kilometers (km) south of Ross River, Yukon. The Cobalt Hill Property, a base and precious metal prospect, is located five km east of Castlegar in southeastern British Columbia (BC), covering an area of over 562.5186 hectares (ha). The Chuchinka REE property is a grassroots REE exploration prospect covering an area of over 562 ha, which is located four km north of the Defense Metals Corp. REE discovery known as the Wicheeda rare earth element deposit, in BC. The Decelles property consists of around 215 claims. Nabikok Property is an early-stage lithium-bearing spodumene pegmatite prospect comprised of 155 exploration claims, located in the eastern region of the Abitibi Belt.


TSXV:TGX - Post by User

Bullboard Posts
Post by barrybon Jun 24, 2004 2:33pm
190 Views
Post# 7646306

news

newsTrue North Gems extracts mini-bulk sample at Ghost Lake 2004-06-24 14:18 ET - News Release Mr. Ken Shortt reports TRUE NORTH GEMS COMPLETES MINI-BULK SAMPLE AT ONTARIO''S GHOST LAKE EMERALD PROJECT True North Gems has extracted a mini-bulk sample of emerald-bearing material from the company's Ghost Lake project near Dryden, Ont. A two-tonne sample was extracted from emerald-mineralized material initially identified at Ghost Lake in May, 2003. The sample was recovered through blasting and the use of a diamond chain saw to extract precision samples. The mini-bulk sample will provide representative material for evaluation and will be shipped to Vancouver for assessment of total beryl- and emerald-grade concentrations, and to Canadian mineral processing laboratories for extractive technology testwork. The results of this work will provide True North with an initial assessment of the potential for a commercial emerald operation in Ontario. William Rohtert is an economic geologist and graduate gemmologist and is the qualified person responsible for development and implementation of the exploration program at Ghost Lake. Further information is available on True North Gems' website at www.truenorthgems.com.
Bullboard Posts