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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: Henry Volquardsen who wrote (11455)4/1/1998 12:44:00 PM
From: Kim W. Brasington  Read Replies (2) of 20681
 
Henry:

This drill program wants to achieve inferred to indicated resource status on a section of the playa. Above the resource level is the reserve level per the Canadian mining system. Yes, all factors taken as viewed from this point, the drilling should give us at the least inferred resource status if not the higher one - indicated resource status.

Regards,

Kim W.
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