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Dropped Bruce a line today. Don't know when he'll get back to me, but i'll let you know if/when I hear back.
Cheers,
Kim
I'm not sure what's up.. don't know what to make of it.
OT: Hey Ford!!! Good to see you...
LOL..I think you scared somebody..the sp jumped to .007! LOL ..Cheers all!
Kim
I wish I knew! Getting frustrated with this too!!
lmao!!!! I needed that!!!
ZZZZZzzzz...lol...
Solitaire Minerals Corp. will start Extensive Ground Geophysics on the Newly Optioned Athabasca Basin Properties and Recommence Drilling on the Red Lake North Property
Monday January 14, 5:02 pm ET
VANCOUVER, Jan. 14 /CNW/ - Solitaire Minerals Corp. (TSX-V: SLT - News) and Raytec Development Corp. (TSX.V - RAY, Frankfurt - XZT) have contracted Durama Enterprises Ltd. of La Ronge, Saskatchewan to conduct extensive ground geophysics on 3 mineral claims totalling 14,415 hectares, known as the "D" block of claims, and 7 mineral claims, known as the "C" block of claims, totalling 3,913 hectares, all located in relative proximity to the Key Lake area of the Athabasca Basin (in the eastern Athabasca Basin of Saskatchewan). This program will commence during approximately the week of January 21st, 2008.
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At the Little Cree River claim group (D Block of claims); located 45 km west of the McArthur River uranium mine-site, a detailed airborne magnetic and VTEM survey was conducted by Geotech Ltd. in 2006. Condor Consulting Ltd., recognized experts in the field of airborne electromagnetics, performed detailed interpretation of the results and provided final conclusions regarding the significance of the survey. The program at Little Cree will involve grid establishment and UTEM surveys to pinpoint the strongest conductive response for location of possible drill targets.
A prominent magnetic low extends through the central and eastern part of the block with localized highs on the western and eastern sides of the survey area. A VTEM anomaly sits directly over a portion of the magnetic low where the strike changes from NNE to ESE suggesting there may be an underlying folding event in the basement. The CDS section shows that the conductive zone is very close to the unconformity surface and is seen as the best chance of representing a basement conductor.
The C5 claim area is located 24 km SW of the McArthur River uranium mine and is situated over 4.5 km of the 9 km long 'WV' trend identified by Cameco in their Wheeler River Project area. The original Wheeler River project outlined anomalous uranium and rare earth elements in many zones from Wheeler Lake in the southwest, to the McArthur River uranium mine in the northeast. The project area is situated along the P2 rift, which extends NE through the basin and hosts the McArthur River Uranium mine, and other zones.
On the C5 claim the main structural feature is a thrust fault that vertically offsets the unconformity by approximately 72 m. This thrust likely forms the locus for the circulation of hydrothermal alteration and mineralizing fluids. A series of basement step faults, which are reflected in the sandstone by a series of splay faults, have resulted in the basal sandstones being fractured into a series of rotated blocks. The VTEM results show a conductive response that appear to extend well above the indicated unconformity level but as well extends well into what is interpreted to be bedrock.
The current program on the C5 claim will involve grid establishment and UTEM surveys to pinpoint the strongest conductive response at the unconformity and deeper into the basement for location of possible drill targets.
About the properties:
The 10 Uranium properties total 18,328 hectares. The "D" parcel is located approximately 40 km's west of the McArthur Lake Uranium Mine, and constitutes a total of 3 contiguous claims. The "C" parcel constitutes a total of 7 non-contiguous claims, and stretch from "C7" which lies approximately 10 km's west of the Cigar Lake Uranium Mine, to "C1", "C2" and "C3" which are located within 25 km's and as close as 8 km's from the Key Lake Uranium Mine, where historical production from 2 mined-out unconformity type uranium deposits once contributed 15% of world uranium production (reference Natural Resources Canada). All of the claims are located within or proximal to the Key Lake - McArthur River and Cigar Lake geological trend. The claims are situated within the Athabasca Basin, underlain by rocks of the Wollaston Domain, which is the favourable geological setting hosting most of the major deposits in the eastern portion of the basin.
During the past year, an airborne VTEM and magnetic survey, performed by GeoTech, was performed over the entire property package, identifying a Priority 1 basement target on the "D" blocks, and identifying Priority 1 shallow targets on 5 of the 7 "C" blocks. In addition, other Priority 2 and 3 targets were identified on both the "C" and "D" blocks. Results of the airborne survey have been compiled and interpreted and have been incorporated into a technical report in compliance with National Instrument 43-101 which has been filed by Raytec on SEDAR.
Solitaire Minerals Corp. and Partner Rubicon Minerals Corp. Return to
Drilling the Sidace Lake Extension on the Red Lake North Property, Red
Lake, Ontario
Solitaire Minerals Corp. and Rubicon Minerals Corp. (TSX-V symbol: RMX - News) have returned to drilling the Red Lake North Property in Red Lake, Ontario. Rubicon Minerals Corp. is currently operating a drill rig in the Sidace Lake area funded by Solitaire Minerals Corp. A deep drill hole is being resumed to test for the down dip extension of the Main Discovery Zone ('MDZ'), a gold zone controlled by Goldcorp and Planet Exploration Inc. Solitaire will earn a 55% interest in the Red Lake North project, which includes the Sidace area claims, by spending $2.5 million.
The Red Lake North property is located approximately 22 km northeast of Red Lake, Ontario, in the prolific Red Lake Mining District. The property consists of forty seven staked mining claims totaling 329 units (approximately 5264 Ha). The property is 30 minutes by logging road from the Town of Red Lake, which is the business and government centre for the region. The area has a rich mining history, with two active producing mines (the Campbell Complex and Red Lake Complex), and has all the facilities and infrastructure required to develop a new mining operation.
The Red Lake North property is separated into two distinct packages of ground. The larger of the two blocks is located on the northwest margin of the Black Bear Intrusive. Geologically, the property is dominated by a package of Balmer assemblage mafic and ultramafic volcanic rocks which are overlain by altered intermediate sediments. The stratigraphic units are interpreted to be upright and dipping at 60 to 70 degrees to the northwest. A series of northwest trending, vertical to subvertical faults crosscut and offset stratigraphy. This property is directly along strike from the recent 'Planet Zone' gold discovery, currently being explored by Goldcorp/Planet (TSX-V symbol: PXI - News). Based on historical drilling and geophysical interpretation on this land package, the extension of gold bearing sericite schist stratigraphy that is observed on the Planet Zone continues southwest onto the newly acquired property. The prospective stratigraphy hosting the sericite schist target horizon is interpreted to occur along the 12km strike length of the property. All Seven holes drilled by Rubicon intersected the prospective altered stratigraphy.
The smaller of the two blocks is situated on the up-dip and down-dip extensions of the recent Goldcorp/Planet gold discovery. Geologically, the property is dominated by a package of Balmer assemblage mafic and ultramafic volcanic rocks which are overlain by altered intermediate sediments. The southeastern claim block is on the contact between the overlying Balmer Assemblage volcanics and the Cat Island Pluton to southeast. Based on drilling by RMX, the prospective gold bearing sericite schist horizon continues onto the northwestern claim block, at depth. To date, only two holes have been drilled on this claim block. Further drilling is required to test for the continuity and controls of gold mineralization on the property.
Terry Bursey, P.Geo, a qualified person under National instrument 43-101 will advance the Red Lake North project.
About Solitaire Minerals Corp.
I have to admit I agree. I too would like a little more..this is testing my patience even. I'm sure they have something to share by now!
Hi Greg,
I think Bruce was talking about tying in the oil for the assesment. As I recall we were discussing the assesment and with the price of oil as high as it is, it seems the company is better off if it ties both together. I wish I had a timeline on when we might see some production. However, Bruce was extremely positive and confident that things were happening. Although the conversation didn't give up too much info I left it feeling much more confident.
Don't know how much this helps..
Cheers,
Kim
I know it's old but in the event anyone is interested here is the Quarterly report from '05/'06 with some estimations for the Boyne Lake property:
http://pinksheets.com/otciq/ajax/showFinancialReportById?id=9330
Happy New Year Greg and welcome to 2008 Everyone!
I did speak to Bruce just before Christmas and this is what I learned..
~Independent analysis has been postponed in order to tie in the gas well with the oil.
~While they were waiting for the geologist to get the independent analysis underway they went ahead with the gas drilling. That's where the last pr came from. Now Bruce is tying both wells together for the assesment. The price of oil right now has the company focusing on pumping oil now rather than later. (Good News IMO!) Tie in to the pipeline is something like 1500 meters so it won't be much trouble at all and relatively quick once they're ready. 2008 is where it's all seeming to come together. They are going to be running lines of seismic on the properties and will make decisions from there I guess.
I would expect we might hear some news in the near future.
For now... that's what I know. I think i'm going to be liking'08!
Cheers all! Hope everyone had a happy holiday season.
Kim
200,000 @.0005 nice!
Hi Greg!
I had asked Bruce for a progress update. He said he would have news out this week and he delivered the next day.
I like the way he's trying to keep us informed as much as is possible. Big change IMO. We do need to see the independant assessment come in positive I have to agree.
Do you remember how many wells theysaid there was potential for? I think I remember 12 but I could be wrong. I will try to find that out. While we wait for the big news I'm glad to see work being done. Looking for ways to finance further wells with natural gas is positive. Bruce did claim that he didn't want to finance through dilution and he seems to be trying to do just that. Of course this too is IMO..
Good luck to us all!
Kim
;0) building a foundation.. good way to start!
Cheers all!!
Here we go ..News...
Press Release Source: Premium Petroleum Corp.
Premium Petroleum Corp.: Successful Test on Boyne Lake Flowing Oil Sands Discovery
Wednesday November 28, 9:45 am ET
CALGARY, ALBERTA--(MARKET WIRE)--Nov 28, 2007 -- Premium Petroleum Corp. (Other OTC:PPTL.PK - News) is pleased to announce that the Company has initial positive test results on the Viking gas zone in its most recently drilled well referred to as Ashmont 9-22. Non steady state flow rates were approximately 135 to 150 mcf per day. Additional testing and analysis is being done to accurately estimate the steady state production rate. Transportation and infrastructure is near at hand.
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As previously stated, additional seismic has been acquired and along with the valuable core data from Ashmont 9-22, drilling target(s) are being developed which will lead to additional drilling in the near future.
The next step for the Company is to test the Oil Sands zone we know exists (see previous news releases) in the Company's first well referred to as Ashmont 14-15.
Bruce A. Thomson, B.A.Sc.; President & CEO states: "The bonus of realizing a gas zone in our quest to delineate and produce from our Flowing Oil Sands Discovery is valuable in mitigating our risk, as it of itself should afford us a payback on well costs."
http://biz.yahoo.com/iw/071128/0333367.html
Hoping we hear about that next.
Cheers Neto!
I'm impressed! and yes...GO BRUCE!
Greg.. I think you hit the nail on the head. I think PPTL is going about the current course of actions in a well planned manner. Bruce told me a long time ago that he did not want to dilute the stock in order to raise $ for the drilling, surveys etc. so he was looking for other financing options. They seem to have had enough with the JV partnerships BS and seem to be looking to do this on thier own now. This is probably not the easy way to finance the project but I think it's the best way to give the company options to proceed forward and add to shareholder value. Bruce mentioned at the very beginning that with Boyne Lake he had a "Tiger by the Tail" and this was going to take some time. ..And it sure did take time..LOL! I'm more than happy with the direction the company has decided on. In hind sight, I guess I can understand the Company's silent position. Keeping the stock "very tightly held" makes me wonder how high could this damn thing go? Soo many variables...I like this little diamond in the rough!
Cheers Greg!!!
Well...Seems the company may have turned over a new leaf when it comes to news! Thanks Bruce!
Cheers folks..
Kim
lol...
Once in a while you find a diamond in the rough..I have always felt that this company is just that. It's been a long wait but I and a few others have dd' this gem to death and wouldn't sell if we had to. I just look for opportunity to add when I can. It will have it's due recognition in time..
GLTA,
Cheers,
Kim
Ok I take that back about the new web page..lol...
Thanks Greg! Good to finally have time to catch up and nice to see you're still here. I wonder if this is where pptl begins? I have a feeling it's going to get interesting from here
...2 PR's back to back and a new web page coming... I like where this is going! I remember Bruce's quote of having a tiger by the tail...lol.. kept me interested through the lull..risk/reward.
Cheers, Kim
I think this is going to get interesting in the near future...
Nice news!
Cheers all!
Kim
News Out...
http://biz.yahoo.com/iw/070927/0307787.html
guess Mr. Thompson kept his word..
Hey Hey! Good to see you back in action! Hope you're doing OK.
Was hoping to see PPTL at a $1 by the time you came back but I guess we'll have to settle for the penny! Glad to see ya. Cheers!
Kim
found this doc for pptl also...
http://www.eub.ca/docs/data/welltestreq/initialoutstanding.xls
line 1024-1025-1026
Agreed. I'm wondering if Premium is going ahead on thier own now. Looks like thier done with the idea of a JV partner. ...That would explain ordering a "Reserve Report"....financing IMO...
The saga continues....
Cheers,
Kim
Nice find! Thank You! That's good to know for when I talk with Bruce next...
CHEERS!
Hi Greg..
All is WELL (pun intended :0)
There probably won't be any news until Bruce completes some more seismic. He's working on quite a few fronts right now but with quite a bit of optimism. He wouldn't give up too much though without having some of the reports in. He is scheduled to drill a second well on the property..time frame unspecified though...
Cheers,
Kim
Hi all,
Sorry it took so long to get back to you all on your questions..
To answer a few of them..
~PPTL is continuing seismic to see just how big Boyne Lake really is and to have some idea of how to proceed with drilling.
~They will be drilling a 2nd hole on the property.
~News probably will be out within the next 30 days but not expecting to have any substantial news until Sept.
~There are 2 zones of natural gas.
~Irwin resources is no longer involved as they couldn't meet the financial obligations so Premium is going forward on thier own. ~Micron/ Habanero only has rights to 1 zone and if I remember correctly it's not a significant amount anyway.
~Premium has ordered a "Reserve Report"( and if anyone can tell what that is I would be gratefull :0))
Thanks all for your patience...
Kim
Knowing what we know now about Boyne Lake and the properties Premium has aquired this IWRS news release has some useful info. http://biz.yahoo.com/pz/070321/115917.html
Also, Jason Gigliotti from Habanero/Micron is refusing to pay for costs associated with the well that was on tight hole status. My guess is that Premium is probably having to waste time now dealing with Jason's BS instead of moving forward into production stages. I got that info from Miron's financials not Bruce Thompson. Bruce couldn't discuss that at this time other than to say they are dealing with that too.
Kim
Hi Greg!
I'm sorry I didn't have a lot of time to ask Bruce everything I wanted but it looks like they're weighing the options on how to proceed. Working out financing for the next stages of drilling. Probably not going to have any PR news though for another 60 days..
Give me a list of questions and I'll try to call him back on Monday.
BTW.. I'm using the lull to add a little too! Crazy..like a fox..lol..
Cheers,
Kim
Talked to Bruce for a short time today. Someone was asking about share structure 894 million issued but only between 300-400 milion in the public float.
Cheers,
Kim
AMA Trans Inc. unveils its logistics division: Perfect Connexion -- Monday, April 16 2007
It is time to take AMA TRANS INCs business to a new level, says AMA President Marat Shteyn. With a rapid growth in AMA TRANS INCs business, the family philosophy is extended with this new addition and service.
Led by Paul Shteyn, Perfect Connexion is geared towards adding more value to the customer. Its unique approach to logistics guarantees a fresh look at an essential part of shipping. This is logistics without the blinders. Our customer will be privy to all costs associated with their shipment up-front and every cost associated with the transaction will be outlined in our agreement, boasts President Paul Shteyn Im confident that our staff will meet the high standards set forth by AMA Trans Inc. Building on AMA TRANS INCs reputation for quality and exemplary service, Perfect Connexion has their work cut out for them.
Mr. Marat Shteyn...http://www.amatransinc.com/news.php
Thought this was worth a look
I feel much better now.. LOL..:0)..
Nor I