PEKAN RIVER
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Key Facts
Location:
Quebec, Canada
50 km South of FERMONT Commodities: Cobalt, Copper, Nickel, Zinc
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Latest Information July 31, 1999 Plans were made to resume exploration on the property. A total of 71 drill holes were completed on the property in 1996. July 15, 1999 Diadem reports that negotiations to joint venture the Kelapa Kampit Zn-Pb-Ag project on the Island of Belitung, Indonesia have been initiated and are continuing and Diadem is confident that an agreement could be reached as early as July 30, 1999. Diadem is also initiating plans to resume exploration of its zinc prospect at Pekan River, Quebec. Diadem announced that it has begun new initiatives to source the required financing exploration on its Leek Springs diamond property in California. August 31, 1996 Drilling in hole #27 returned 64 m of 0.17% - 2.62% copper, 0.13% - 4.06% nickel and 0.01% - 0.17% cobalt. |