Vulcan Minerals Inc V.VUL

Alternate Symbol(s): VULMF

Metals & Mining Industrial Metals & Minerals

Vulcan Minerals Inc. is a Canada-based precious and base metals exploration company, which is engaged in mineral exploration on properties in Newfoundland and Labrador. Its projects include Colchester, Gander Belt Gold, Red Cross Lake, South Voisey’s Bay, Carbonear and Atlas Salt. The Colchester Copper Gold Project is in north-central Newfoundland. The Gander Belt Gold Project extends approximately 100 kilometers from the north coast of Newfoundland to the south-central part of the island. The Red Cross Lake project is located in central Newfoundland and comprises 102 claims approximately 2,550 hectares. Its South Voisey’s Bay nickel-copper-cobalt project located in Labrador. The Project comprises three licenses containing a total of 30 claims. It also holds an interest in Atlas Salt Inc., which is carrying out a feasibility analysis on its Great Atlantic salt deposit in western Newfoundland, strategically located in the robust road de-icing market of eastern North America.

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Vulcan Minerals Inc

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Comment by lhyneson May 06, 2005 2:23pm

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Post# 9007521

RE: NEW DRILL RIG PURCHASED

gtogarage....not sure of the cost, however, you can be certain that Mr.Laracy has crunched the numbers on this transaction.My own personal opinion that this will prove to be a very smart move both in terms of economics and timely access to drilling for the future. Mr.Laracy's decision to purchase a rig outright has got to be seen as a tremendous vote of confidence in the future potential of commercial oil production on the West Coast.Those of us who know Mr. Laracy will not surprised by this decision, given the cautious and prudent manner in which he has managed shareholders money in the past. As I stated in an earlier post..."THIS WILL BE THE YEAR OF THE VULCAN" Len

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Advancing flagship Ishkõday Gold Project in Ontario