Roycefield buys antimony property

Roycefield Resources (ASE) is buying the outstanding common shares of a New Brunswick company which holds a 56-claim antimony property near Grand Falls, Nfld.

Antimony was originally discovered there in 1988 when it was identified by drilling and trenching. Another 23 recent drill holes have shown commercial-grade antimony at three separate anomalies over 4.2 km. Roycefield issued $1.1 million in common shares to pay for the property.

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