-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Gjhr3fD5OleyOkU/6bi6YO7v8fYynAcObU4/NDYkFcsiwsQ340LodpxJaA6Xq2HD 7ODg/PsxRqJ5LxbbxtzrKg== 0000914233-98-000081.txt : 19980721 0000914233-98-000081.hdr.sgml : 19980721 ACCESSION NUMBER: 0000914233-98-000081 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980717 ITEM INFORMATION: FILED AS OF DATE: 19980720 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: LA TEKO RESOURCES LTD CENTRAL INDEX KEY: 0000357281 STANDARD INDUSTRIAL CLASSIFICATION: GOLD & SILVER ORES [1040] IRS NUMBER: 870483319 STATE OF INCORPORATION: A1 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 000-10104 FILM NUMBER: 98668656 BUSINESS ADDRESS: STREET 1: 625 HOWE ST STREET 2: STE 500 CITY: VANCOUVER, B.C. STATE: A1 ZIP: 84101 BUSINESS PHONE: 6046880833 MAIL ADDRESS: STREET 1: 180 EAST 2100 SOUTH STREET 2: STE 204 CITY: SALT LAKE CITY STATE: UT ZIP: 84115 8-K 1 SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT UNDER SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): July 17, 1998 Commission File Number: 0-10104 LA TEKO RESOURCES LTD. ---------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) BRITISH COLUMBIA 87-0483319 ------------------------------ ------------------ (State or other jurisdiction of (IRS Employer incorporation or organization) Identification No.) 625 HOWE STREET, SUITE 500 VANCOUVER, B.C. V6C 2T6 ------------------------------ ------------------ (Address of Principal Executive (Zip Code) Offices) Registrant's Telephone Number, including Area Code: (604) 688-0833 NOT APPLICABLE --------------------------------------------------------------------- (Former name, former address, and formal fiscal year, if changed since last report) - ------------------------------------------------------------------------------- ITEM 5: OTHER EVENTS - ------------------------------------------------------------------------------- On July 17, 1998, La Teko Resources Ltd. announced that plans for a diamond drill program on its Scheelite Dome property, central Yukon. The Scheelite Dome property contains a strong, east-west trending gold mineralized system as reflected by anomalous gold in soils and bedrock over an area 4 km long and 1- 1/2 km wide. The geologic setting, within felsic metamorphic rocks next to a 90 million year old granitic intrusion, is very similar to the new Teck/Sumitomo Pogo discovery (4.5 million ounces) as well as the Fort Knox Mine and the La Teko/Newmont True North deposit in Alaska. Another similarity with Pogo is the gold-arsenic-antimony-bismuth geochemical signature. All of these deposits are within the evolving Tintina Gold Belt. In June, under the direction of Equity Engineering Ltd., the Company completed a 12 km induced polarization geophysical survey. This survey identified several high chargeability anomalies at depth. These appear to correlate with important structures previously identified on surface by Kennecott Canada Exploration Inc. ("Kennecott") within areas of strong gold geochemical anomalies. However, they would not have been intersected by Kennecott's previous drilling on the property. There is a high probability that these anomalies, at interpreted depths of 50 to 100 m and widths of 25 m or more, represent zones of concentrated sulphide mineralization. La Teko has an option to earn a 100% interest in Scheelite Dome from Kennecott by spending C$800,000 on exploration over four years and paying C$135,000 to the underlying claim owner (fully paid). Kennecott can either retain a 2% NSR or exercise a 49% back-in right at a decision to mine. The property is road accessible, 25 km northwest of Mayo. The Company's drilling program will include a minimum of 1,000 m of core drilling and is expected to commence in early August. In other news, in the private placement of 700,000 units of the Company announced April 24, 1998, the sale of 200,000 units to Thermo Dynamics Ltd., a company owned by Mr. John Hardesty, a La Teko director, has closed. The sale of the remaining 500,000 units has not closed and will be withdrawn. - ------------------------------------------------------------------------------- SIGNATURES - ------------------------------------------------------------------------------- Pursuant to the requirements of section 13 or 15(d) of the Securities Exchange of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. LA TEKO RESOURCES LTD. Dated: July 20, 1998 By /s/ Gerald G. Carlson, President -----END PRIVACY-ENHANCED MESSAGE-----