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Article: Tarsis Capital Corp.: Drilling Underway at Tim/Wolf Silver-Lead- Zinc Property
- Article from:
- CCNMatthews Newswire
- Article date:
- April 10, 2008
CopyrightCopyright 2008 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 10, 2008) -
Tarsis Capital Corp. (TSX VENTURE:TCC) ("Tarsis") is pleased to
announce that International KRL Resources Corp. (TSX VENTURE:IRK)
("KRL") is now drilling the first hole of its previously announced
1,500 metre drill program on the Tim/Wolf Property in southern
Yukon.
KRL has an option to earn a 60% interest in the property from
Tarsis by spending $3 million over four years, including $250,000 in
the first year. In addition, KRL have agreed to issue 1,000,000
shares (200,000 issued to date) of KRL stock to Tarsis in annual
instalments.
Over the past month, KRL have completed an upgrade of the access
road to the property, providing ...