AXY atom energy limited

i hope the co. in the coming weeks supplies the market with more...

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    i hope the co. in the coming weeks supplies the market with more background info on the kalgoorlie gold project. just that there appears to be plenty of outstanding historic bonanza grade drill holes that dont appear to have been followed up.

    and the handfull of co's that did hold the Bardoc tenements at any one time appear to have always had other priorities. even Nickelore seemed more interested in the nickel potential than the gold.

    on the score of the historic drilling database of 9784 drill holes it does appear that they were accumulated over the past 20 years starting with Aberfoyle in the 1980's - whom mined the Excelsior & Zoroastrian.

    then it appears that the baton was passed on to Placer Dome who, in due course, got taken over by Barrick gold; who passed it on the Nickelore, who passed it back to Barrick gold via subsiduary Kalgoorlie Mining Associates Pty Ltd (KMA) to AXY in july of this year.

    ref 1

    "An extensive drilling database incorporating 9,784 drill holes and data from several exploration companies who were active in various parts of the project area over the past 20 years."

    ref 2

    AUSTRALIA - Kalgoorlie Mining Associated, a joint venture between Barrick Gold Corp and Gold Mines of Kalgoorlie, acquired the Bardoc Gold project of Nickelore Ltd, a gold and nickel mining company, for AUD #.# mil (USD mil) in cash.

    http://www.alacrastore.com/storecontent/Thomson_M&A/Kalgoorlie_
    Mining_Associates_acquires_Nickelore_Ltd_Bardoc_Gold_from_Nickelore
    _Ltd-2065885040
 
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