Thursday, 10th June 2004 (2680 views)

Goldtech Mining Corporation has announced it is in discussions with two producing mining companies for potential mining and drilling activity.

The two companies in Columbia, South America, would boost Goldtech's asset base of mineral properties.

At present the company claims the proposed sites are under used and under capitalised and could lead to immediate cash flow, potential profits and future growth for Goldtech.

If the drilling programme went ahead management at the firm believe it will "prove up" significant addition reserves to the 3.5 million tonnes already noted.

A field examination is now set to take place in the near future to determine the best drill site location at one of the areas, whilst a drilling programme is scheduled for August at the Golpejas Property.

 

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