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Drilling plans announced at Goldtech > Gold News > World Gold Council, gold market information and intelligence

 

Drilling plans announced at Goldtech

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Thursday, 10th June 2004 (4011 views)

Goldtech Mining Corporation has announced it is in discussions with two producing mining companies for potential mining and drilling activity.<BR/><BR/>The two companies in Columbia, South America, would boost Goldtech's asset base of mineral properties.<BR/><BR/>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.<BR/><BR/>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.<BR/><BR/>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.<img src="http://directnews.dehavilland.co.uk/dn.gif?feedid=196&itemid=2799238"/>

 

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