Terrace Review — Wednesday, January | 5. 1992 23 ces

Redfern moves to take over Tulsequah ¢ Chief.

Redfern Resources” of
Vancouver: struck. an agreement

with Cominco last:month that is .
the first move in a pfocess that

may see Redfern take 100 per-
cent interest: in the Tulsequali

Chief gold Property in northwest
B. (on

Redférn . has. committed
$100,000 to. fund’ a: study: that
will determine: ‘the cost of envi-.
ronmental “work on the ‘site,
disturbed from-a Cominco. oper-
ation that mined the property in
‘the 1950's. Cominco ‘shut the
mine down in 1957 due to. low .
metal prices...

Redfern has spent $3 million’

exploring the site, earning 40

percent of it from Cominco. The
report on the reclamation work
is. expected to be complete by
mid-1992, The. two companies |
will then examine the results.to
determine how much the process
will cost’ and what Redfern -will

have ‘to spend to acquire the

remaining .60. percent. from

_ Cominco. Under the December ft
1991. ‘agreement,. Redfern will.

also have option to acquire the

adjacent Big Bull property: from
Cominco, .

Tulsequah is high in the moun-
tains by the Taku River near the
~ point where it crosses the Alaska
border; not far from Juneau.

‘outlined preliminary reserves of 65 percent zinc, .08 ounces per
86> million tons ‘grading. !.6° ton of gold and 3.2, ounces: ‘per’

drilling this summer.
percent copper, 1.2 percent lead, ton of silver. 7

” Redfern. expects to. do. more

Drilling programs to. date have

Fantasy Escorts

y ' | Discreet Personalized Service
4. lo Your Home, Office or Hotel

Receptionist on duty

(answering machine =.

, 638-721 2

10 AM-2 AM

in off hours)

The Christmas lights are down, but they were recalled last week in the third annual”

Christmas Lights competition, sponsored by the Terrace and District Chamber of Commerce:
and the Northwest Real Estate Board. Shown here are Linda Bretfeld (left) of the Skeena .
Mall, winner for Best Commercial ‘Display; Marta Andolfatto represents McRae.Crescent, .
winners of the Best Street Award; (centre) John Evans was chairman of the Christmas Lights

competition; and Nelson and Pat McGinlay got the Best Home Award. Missing from the photo .. 7

is Pat Allan, winner of the Best Theme prize. Honourable mentions went:. fo. ‘the.
Huebschwerlens at 5105 Ager Ave. and the Ritchies at 2413 Cramer. 7

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