Post by
SUCYN on Aug 29, 2011 9:24am
Sask. drilling starts
North American Gem starts drilling in Saskatchewan2011-08-29 09:21 ET - News ReleaseThis is nice that they still have the cash to do it..Mr. Charles Desjardins reportsNORTH AMERICAN GEM INC. HAS COMMENCED DRILLING IN SASKATCHEWANNorth American Gem Inc. has seen DJ Drilling LTD. of Aldergrove, B.C., commence drilling near Hudson Bay, Sask. NAG has permitted five fully approved drill locations to the south of the Goldsource Mines "Border Property".The Hudson Bay area has been the target of coal exploration by various companies since the discovery drill hole by Goldsource in 2008. This discovery has resulted in a NI 43-101 estimate of coal resources in several small basins that include 79.2 million Indicated tonnes plus 33.0 million Inferred tonnes on the Border properties (March 17, 2011 News Release). Across the border, in Manitoba, Westcore Energy LTD. has intersected coal units of up to 99.0 m in composite thickness (March 2, 2011 News Release). SUCYN
Comment by
Georgeboy11 on Aug 29, 2011 10:04am
Don't fall for this sucker punch!! conincidentally, v.ZNR put out a drilling release @ the same time as NAG!! Same crew same tactics same results.
Comment by
shellfish1 on Aug 29, 2011 10:19am
The NR will be soon followed by granting options and pp. As before, equivocal NR again: NAG has permitted five fully approved drill locations to the south of the Goldsource Mini "border Property". How many holes is NAG going to drill and for how many meters? Shellfish