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Gold/Mining/Energy : Eaglecrest Explorations
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To: Dean Bristow who wrote (13)10/3/1996 10:46:00 AM
From: joseph schevenels   of 639
 
additional $362,000, shortly.
Yes we will require additional financing in the future. The larger share of
this financing is targeted for exploration over the next 3 months.
Eaglecrest is not a stage of development to publish a proven gold reserve
figure although with each phase of exploration we are getting closer and
closer, calculations of this nature should be available in the near term.
The potential exists for a multi million ounce deposit and it is Eaglecrests
intention to prove up the reserves. It is important to note even though we
have 15 drill targets throughout the property, less than 10% of our 42,000
Acres has been explored.

Tom Brady

At 01:58 PM 10/2/96 -0700, you wrote:
>Hi
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