Consolidated Ramrod reports Damoti Lake drilling resumes.VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 17, 1994-- Consolidated Ramrod ram·rod n. 1. A rod used to force the charge into a muzzleloading firearm. 2. A rod used to clean the barrel of a firearm. 3. A harshly demanding overseer; a disciplinarian. tr.v. Gold Corporation is pleased to advise that the exploration drill crew is at Damoti lake and a second phase of drilling is now underway. This program will test the new Horseshoe horseshoe, narrow plate, commonly of iron or steel, shaped to fit a horse's hoof and attached to the hoof by nailing it to the inner edge of the horny wall of the hoof. Zone discovery with a sequence of step-out and deeper drill holes. The objective is to expand the zones of high grade gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. located in a folded iron formation structure. To earn its 51% interest in the project, Ramrod must spend $2.7 million. To date Ramrod has spent approximately $2.2 million on its share of the exploration programs at Damoti Lake. Ramrod is the operator of the project and upon Ramrod vesting its interest, ownership of the Damoti Lake Joint Venture will be: -0- Consolidated Ramrod Gold Corporation 51% Gitennes Exploration Inc. 25% Athabaska Gold Resources Inc. 24% The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on have neither approved nor disapproved of the contents of this press release. CONTACT: Consolidated Ramrod Gold Corp., Vancouver David B. Jackson, 604/682-6477 |
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