Name changed August 7, 2001 to Nanotek Inc. share for share and left mining sector.
Company changed its name from Britannia Gold Corp. along with a seven to one consolidation of its outstanding shares on 09Jul99. Company's Mexican subsidiary is Minera de Caribe S.A. de C.V. Seven active projects in Mexico as of mid-1997 including:
Real de Catorce Ag District, San Luis Potosi. Located 200 km N of Mexico D.F. Executed a letter of intent with Grupo Catorce S.A. de C.V., a Mexican company owned by the Garcia family, which allows Brittania to gain control of 75% of this historic district. Production from plant with 500 tpd capacity was stopped in 1990. Reserves are 575,000 tonnes at 276 gpt Ag and 1 M tonnes of tailings at 100 gpt. Staff mapped and sampled vein structures to identify a number of potential ore shoots. A 3500m drill program is substantially complete and the company is awaiting assays of their most recent holes to determine the success of the program. (NOTE: A total of 20,000m of drilling was applied for so future program expansion is no problem.). Received VSE approval to pay a Finder's Fee to Fred Felder of $171,388 for bringing in the Real de Catorce Property (50/50 cash and shares - Way to go Fred!!)
GCN #147 31Jul97
GCM #193 7Ocxt97
CSW 11Apr97
CSW 24Feb97
GCN #215 6Nov96
MBD May, 96
LAMR, v3, #4 Apr. 96
CSW 4Apr96Xochipala Prospect, Guerrero. Optioned a 193 ha concession in the extreme SE corner of the Morelos Reserve Area. Contains previously identified mineralized zones: Mina Vieja, Xocoltes and El Amate. Aeromag anomalies present on Consejo studies. Detailed mapping and sampling commenced 3rd week of February and field crews active as of April, 1997.IP and magnetic surveys conducted mid year. This program led to several coincident geological, geophysical and geochemical anomalies. Drill permits have been applied for. Drill target definition started in Feb. 1997 and commencement of a drill program was originally to start in July, 1997. As of 21May98 all preliminary work and environmental permitting was complete and Britannia was talking this around to majors and medium sized companies for a JV. She is all dressed up and ready to dance. Time to get busy.
Press Release 21May98
GCN #193 7Oct97
GCN #111 10Jun97
CSW 11Apr97
GCN #43 3Mar97
CSW 24Feb97
NMN v82#50 02/10/97
GCN #26 6Feb97
LAMR February, 1997
CSW 31Jan97Sierra Madre Property, Natividad District, Oaxaca. Option on 1,050 ha claim from a Mexican national over some high-grade Au mines and staked additional 102,943 ha surrounding it and covering several large intrusive bodies. This area is located 43 km from city of Oaxaca and contiguous with the historic Natividad Mine. Penoles evaluated this property in 1984. Regional stream seds and soil grids were planned.
WWWinfo
NMN 10/07/96
LAMR October, 1996
GCN #184 23Sep96Porfirio Prospect, Oaxaca. Located 60 km SW from city of Oaxaca. Company staked 55,353 hectares due south of Taviche Au-Ag producer. Geology, geochem followed by geophysics planned for early 1997. Reserve estimates by Consejo on two structures around 2.7 and 2.5 m wide respectively are: 607.500 tonnes at 5.66 grams Au and 210 grams Ag plus 421,000 tonnes at 4.28 grams Au and 228 grams Ag. Field crews active as of April, 1997.
GCN #246 20Dec96
Chichonal Property, Chiapas. A 19,400 ha. property is listed as having been acquired in Chiapas. Located 5 km west of Frisco Mining's Santa Fè Au project in northern Chiapas.
Corporate Profile
CSW 11Oct/96Dropped option of Santo Tomas Cu-Au prospect in northern Sinaloa back to underlying owner Exall Resources in April, 1996.
CSW 4Apr96
