Post by imSINGLEruRICH on Dec 6, 2007 14:06:48 GMT -5
From the Millionaire Board.....
~¤Franko¤~
DESIGNER
I know we defaulted alot ,.. but
« Thread Started on Today at 12:53pm »
Did we default on this?
Shane PR from September 19, 2003
Shane Resources Ltd. (TSX.H: SEI) is pleased to announce that the Company has entered into an agreement with Casavant Mining Kimberlite International (U-CMKM) whereby the Company, will have an option to earn a 10% interest in 82 claims in the Fort à la Corne area of Saskatchewan. The interest will be earned by the Company providing $100,000 in 2003 and $200,000 in 2004, to be spent on exploring the claims for diamonds. In addition, the Company has agreed to grant CMKM a right of first refusal to earn up to a 49% interest in any diamond properties the Company may hold and seek to joint venture.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
greenman1515
DIAMOND JEDI
Franko - FWIW here is the June 30, 2007 mineral/land holdings and rights for Shane...
4. Mineral Properties and Rights
WEST RED LAKE, ONTARIO
The Company owns a 100% interest in 6 mining claims, consisting of approximately 240 acres in
Ontario. To June 30, 2007, the Company had expended a total of $22,824 on acquisition and
$68,307 on exploration of the claims.
PINE EAST, SASKATCHEWAN
The Company owns a 25% interest in this property, known as “Pine East”(S-105301). Claude
Resources Inc. is the operator and has earned a 75% interest in this property by spending
$500,000 on exploration. To date Claude has conducted three drill programs on this property. To
June 30, 2007, the Company had expended a total of $78,149 on acquisition and $258,767 on
exploration of the claims.
MONROE LAKE, SASKATCHEWAN
The Company owns a 49% interest in a 6,000 acre claim (S-101081) in the Monroe Lake area.
The property was optioned to Westcan Gold Fields Inc., which deals with the Company on an
arm’s-length basis, and which earned a 51% interest in the property by spending $50,000 on the
property. To June 30, 2007, the Company had expended $172 on acquisition of the claims.
Page 10 of 13
SHANE RESOURCESLTD.
Notes to Financial Statements
June 30, 2007
4. Mineral Properties and Rights continued
FORT A LA CORNE, SASKATCHEWAN
The Company owns a 100% interest in eleven mineral claims, numbered S-132075 to S-132078
inclusive acquired by staking in January, 1996 and claims S-139035, S-140292, and S-140302 to
S-140306 inclusive, acquired by staking in 2006. These claims comprise approximately 9,216
hectares in the Fort a la Corne area of Saskatchewan. To June 30, 2007, the Company had
expended $7,534 on acquisition and $20,995 on exploration of the claims.BROWNELL, SASKATCHEWAN
The Company owns a 100% interest in claim numbers S-101336 and S-108957 consisting of
approximately 900 acres in the Brownell area in the Province of Saskatchewan. The property
hosts a long zone of Copper-zinc mineralization. To June 30, 2007, the Company had expended
$5,452 on acquisition and $51,747 on exploration of these claims.
SMEATON NORTH, SASKATCHEWAN
During 2005, the Company acquired by staking four mineral claims consisting of 4,096 hectares
north of Smeaton, Saskatchewan. To June 30, 2007, the Company had expended $1,229 on
acquisition of the claims.
CORILOMA PROJECT, PERU
Pursuant to an agreement dated September 13, 2004, the Company entered into an agreement
with MINERA MAGNES S.A.C. of Santiago de Surco, Peru to acquire a 50% interest in a 100
hectare gold property located in the district of Dachancondas, Province of An-Abamba, Peru in
consideration of the sum of $90,000 US. To June 30, 2007, the Company had expended
$112,959 on acquisition of the property and $23,498 on exploration of these claims.
www.shaneresources.com/pdf/financial/Aug%2029%202007.pdf
www.shaneresources.com/financial.html
www.shaneresources.com/
~¤Franko¤~
DESIGNER
I know we defaulted alot ,.. but
« Thread Started on Today at 12:53pm »
Did we default on this?
Shane PR from September 19, 2003
Shane Resources Ltd. (TSX.H: SEI) is pleased to announce that the Company has entered into an agreement with Casavant Mining Kimberlite International (U-CMKM) whereby the Company, will have an option to earn a 10% interest in 82 claims in the Fort à la Corne area of Saskatchewan. The interest will be earned by the Company providing $100,000 in 2003 and $200,000 in 2004, to be spent on exploring the claims for diamonds. In addition, the Company has agreed to grant CMKM a right of first refusal to earn up to a 49% interest in any diamond properties the Company may hold and seek to joint venture.
XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX
greenman1515
DIAMOND JEDI
Franko - FWIW here is the June 30, 2007 mineral/land holdings and rights for Shane...
4. Mineral Properties and Rights
WEST RED LAKE, ONTARIO
The Company owns a 100% interest in 6 mining claims, consisting of approximately 240 acres in
Ontario. To June 30, 2007, the Company had expended a total of $22,824 on acquisition and
$68,307 on exploration of the claims.
PINE EAST, SASKATCHEWAN
The Company owns a 25% interest in this property, known as “Pine East”(S-105301). Claude
Resources Inc. is the operator and has earned a 75% interest in this property by spending
$500,000 on exploration. To date Claude has conducted three drill programs on this property. To
June 30, 2007, the Company had expended a total of $78,149 on acquisition and $258,767 on
exploration of the claims.
MONROE LAKE, SASKATCHEWAN
The Company owns a 49% interest in a 6,000 acre claim (S-101081) in the Monroe Lake area.
The property was optioned to Westcan Gold Fields Inc., which deals with the Company on an
arm’s-length basis, and which earned a 51% interest in the property by spending $50,000 on the
property. To June 30, 2007, the Company had expended $172 on acquisition of the claims.
Page 10 of 13
SHANE RESOURCESLTD.
Notes to Financial Statements
June 30, 2007
4. Mineral Properties and Rights continued
FORT A LA CORNE, SASKATCHEWAN
The Company owns a 100% interest in eleven mineral claims, numbered S-132075 to S-132078
inclusive acquired by staking in January, 1996 and claims S-139035, S-140292, and S-140302 to
S-140306 inclusive, acquired by staking in 2006. These claims comprise approximately 9,216
hectares in the Fort a la Corne area of Saskatchewan. To June 30, 2007, the Company had
expended $7,534 on acquisition and $20,995 on exploration of the claims.BROWNELL, SASKATCHEWAN
The Company owns a 100% interest in claim numbers S-101336 and S-108957 consisting of
approximately 900 acres in the Brownell area in the Province of Saskatchewan. The property
hosts a long zone of Copper-zinc mineralization. To June 30, 2007, the Company had expended
$5,452 on acquisition and $51,747 on exploration of these claims.
SMEATON NORTH, SASKATCHEWAN
During 2005, the Company acquired by staking four mineral claims consisting of 4,096 hectares
north of Smeaton, Saskatchewan. To June 30, 2007, the Company had expended $1,229 on
acquisition of the claims.
CORILOMA PROJECT, PERU
Pursuant to an agreement dated September 13, 2004, the Company entered into an agreement
with MINERA MAGNES S.A.C. of Santiago de Surco, Peru to acquire a 50% interest in a 100
hectare gold property located in the district of Dachancondas, Province of An-Abamba, Peru in
consideration of the sum of $90,000 US. To June 30, 2007, the Company had expended
$112,959 on acquisition of the property and $23,498 on exploration of these claims.
www.shaneresources.com/pdf/financial/Aug%2029%202007.pdf
www.shaneresources.com/financial.html
www.shaneresources.com/