A drill program is under way on a base metals property held under option by Mercator Resource Corp. The company is putting down two holes on the Sentinel Mountain property held under option from Texasgulf Minerals and Metals; a U.S. company. The property is in New Hampshire.
Previous work on the property intersected zinc values assaying 1.9% over a 50-ft section of core. A financing completed by the company netted $398,000 in December, 1986. The issue was listed for trading on the Alberta Stock Exchange in the same month.
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