| Willinform Table of Contents |
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MINERAL EXPLORATION |
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Alaska - the POGO play |
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| COMPANIES | Who are the players? See table below. | |
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| PROPERTIES | What's available for optioning? | |
| FINANCING | Brokers involved with Pogo. | |
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Alaska - Pogo
by SEGURO PROJECTS INC
9-Mar-99
Sh issued
Market
Company
Symbol
Sh price
[Mill]
Cap
Telephone
Web site
1
Achieva Development Corp
AHE:VSE
0.50
9,877
4,938,500
604-682-8628
no
2
Almaden Resources Corp
AMH:VSE
0.40
10,726
4,290,400
604-689-7644
3
Blackstone Resources
BZZ:ASE
0.12
10,986
1,318,320
604-687-3929
4
Fairfield Minerals
FFD:TSE
0.60
7,243
4,345,800
604-669-3398
no
5
Hyder Gold Inc
HGI:VSE
0.14
22,789
3,190,460
604-685-5015
6
La Teko Resources
LAO:VSE
1.40
22,789
31,904,600
604-688-0833
7
Newmont Exploration Ltd
NEM:US
29.20
167,260
4,883,992,000
800-810-6463
8
Pacific Bay Minerals
PBM:VSE
0.10
25,779
2,577,900
604-682-2421
9
Snowfield Resources Inc
SNO:VSE
0.13
4,179
543,270
604-687-4268
10
Sumitomo Metal Mining
SMM:LI
6.43
571,873
3,677,143,390
www3.mediagalaxy.co.jp/smm/
11
Teck Corp
TEK.B:TSE
10.60
92,639
981,973,400
604-687-1117
12
Troymin Resources Ltd
TYR:ASE
0.15
22,354
3,353,100
403-298-0252
13
Ventures Resource Corp
VRS:VSE
0.49
55,874
27,378,260
973-285-3336
14
Western Keltic Mines Inc
WKM:VSE
0.50
7,865
3,932,500
604-682-8414
15
Williams Creek Exploration
WCX:VSE
0.20
8,256
1,651,200
604-662-4480
no
Number of companies involved =
15
NEWS RELEASES:
Teck Corp TEK.B
Shares issued 92,639,739 5 Mar 99 close $10.50Mon 8 Mar 99
: Dr. N.B. Keevil reports:The company has received all necessary permits to conduct an underground exploration program for the Pogo project in Alaska.
The program will consist of driving an adit 5,200 feet under Pogo Ridge to intersect the Liese (L-1) orebody in order to obtain geotechnical data for mining method determination, confirm the continuity of the orebody for mining, and obtain a bulk sample for metallurgical testing.
Underground drilling will be conducted to try to confirm a possible third zone (L-3), 400 feet below the lower Liese zone (L-2), which has been intersected in two drill holes from surface.
The program will begin immediately with the mobilization of men and construction materials. A 3,000 foot long winter airstrip has been built to permit the use of larger aircraft.
The program will be conducted in two phases with Phase 1 to intersect the upper Liese zone (L-1) to be completed by the fall 1999. A surface drilling program to further define the upper and lower Liese zones will be conducted in conjunction with the underground program.
A pre-feasibility study will be conducted by fall 1999, and a final feasibility study for the Pogo mine development will be completed by the end of 2000 based on results of 1999 and 2000 exploration program and engineering studies.