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BO LAKE
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Key Facts
Location:
Ontario, Canada
145 km NW of THUNDER BAY Commodities: Palladium, Platinum
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Comparable Properties
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Latest Information December 31, 2000 A prospecting and preliminary mapping program was underway, identifying an intrusive body of undetermined size within the southern portion of the property. A trenching program commenced to uncover areas with favourable rock types and areas covered by magnetic anomalies. September 30, 2000 A recently received magnetic and electromagnetic airborne survey had outlined a magnetic anomaly and several electromagnetic anomalies. Also, a fall/winter prospecting and ground geophysical program was planned to further define targets for future drilling. In 1965, a hole targeting copper-zinc, intersected a coarse grained rock unit with sulphides throughout, including a 3.0 ft section of massive sulphides.  August 15, 2000 Buck Lake Ventures agreed to a private placement of 1,428,571 units at a price of $0.175 per unit foro a total of CDN$250,000. The proceeds will be used for exploration and development of the Buck Lake platinum/palladium property, the Bo Lake platinum/palladium property, debt payment and general working capital. . |
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