Falkland Gold to Start Exploratory Drilling This Month

Tuesday, February 8th 2005 - 20:00 UTC

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Falkland Gold & Minerals Ltd., a company with exclusive rights to explore for gold in the Falkland Islands, said it may begin exploratory drilling by Feb. 25.

The London-based company will also complete a laboratory for the evaluation of rock samples in March, it said today in a Regulatory News Service Statement.

Falkland Gold sold 25 million shares on Dec.9, raising 10 million pounds ($19 million) to look for gold and other minerals in the South Atlantic islands.

Categories: Falkland Islands.

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