-----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, Sax9V2/05rjDo3bx/ZA6DveMyYPMLDFaB8LoAnjuCBuSsBrle1Qp9ZftLuEPogrH 0gRjGyUB0h63AE5m8GModg== 0000914233-98-000018.txt : 19980327 0000914233-98-000018.hdr.sgml : 19980327 ACCESSION NUMBER: 0000914233-98-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 19980203 ITEM INFORMATION: FILED AS OF DATE: 19980326 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: 98574657 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 TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (date of earliest event reported): February 3, 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 Identification No.) incorporation or organization) 625 HOWE STREET, SUITE 500 VANCOUVER, B.C. V6C 2T6 (Address of Principal Executive Offices) (Zip Code) 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 La Teko Resources Ltd. ("La Teko") reported on February 3, 1998, that True North Joint Venture operator, Newmont Alaska Limited, has proposed a $3.7 million dollar program for the project in 1998. True North is an advanced exploration/development gold project in the Fairbanks Mining District, Alaska, in which Newmont is earning a 65% interest. Pre-Feasibility Study Engineering studies, budgeted at approximately $2.1 million, will include pre- feasibility metallurgical work expected to be completed by June 1998. This metallurgical testing will utilize the large diameter core samples and surface bulk samples collected in the fall of 1997. The core will be subjected to mineralogical examination followed by smaller diameter (eight inch) column leach testing; while the two 25 ton bulk samples will also undergo large diameter (two foot) column leach tests. Prior preliminary metallurgical tests have indicated good leaching characteristics for the oxidized mineralization. Subject to satisfactory test results and favorable market conditions, this metallurgical testing will lay the foundation for scoping and engineering studies scheduled for the second half of 1998. This work will encompass siting studies, geotechnical work, engineering design, and detailed cost estimates. There will also be some fill-in drilling in the Central Zone for reserve definition purposes. Exploration A further $1.5 million Phase I budget will be directed toward exploring targets outside the current resource area through the end of June this year. Power auger sampling will be the key exploration took, following on from the successful 1997 results with a program of developing and testing new targets throughout the expanded True North property. The goal is to discover new zones of economic mineralization within the 22 square mile property in addition to the 1.3 million ounces of gold (18.2 million tons grading 0.072 ounces gold per ton), already outlined. A Phase II exploration program for the second half of 1998 will be considered in June. 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: March 16, 1998 By /s/ Gerald G. Carlson, President - 4 - -----END PRIVACY-ENHANCED MESSAGE-----