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Gold/Mining/Energy : Mutapa Gold Corporation VSE:MUA

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To: Intrepid1 who wrote (34)	6/2/1998 10:01:00 AM
From: Mr Metals	Read Replies (1) of 73

Mutapa Gold Corp - Little Deer project assays Mutapa Gold Corp MUAShares issued 28176681998-06-01 close $1.6Monday Jun 1 1998Mr. Donald MacPhee reports The VMS horizon at the Little Deer project near Springdale, Newfoundland has shown an increase in width and copper grade with depth; accordingly, DDH LD98-2 has returned the following assays: From - To Length Cu Zn (m) (m) (%) (%) 405.1-412.4 7.3 3.03 Tr. Incl 405.1-407.2 2.1 4.00 0.08 410.8-412.4 1.6 8.08 0.11 The mineralized horizon, including hanging wall stringer mineralization of 0.98 per cent Cu, returned 13.2m of 1.96 per cent copper. The distribution of zinc and gold values in the structural foot wall tend to support the geological model that the mineralized horizon is overturned and forms a mineralized synform at depth. Hole 98-3 is under way and is being drilled under 98-2. Downhole PEM geophysics has suggested that the conductors continue to depth. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com MM

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