NEWS IN BRIEF Krigold Resources

Krigold Resources (VSE) says it is seeking private placement funding or a joint venture partner to initiate a $350,000 exploration program on its 65% owned Sachigo River gold property, about 250 miles north of Red Lake, Ont. After completing a review of previous drill core and other data from the property, Krigold has outlined at least 21 structural targets for further testing. The 4,000-acre property contains a small past-producer which operated in 1937-42.