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Gold/Mining/Energy : Montello Resources

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To: JP who wrote (1641)	2/22/1998 9:22:00 PM
From: Chuca Marsh	of 4256

Can some of you diamond in the roughts comment on this and a Docs' New Geo Reading technique at ACS( Halted on ASE on Friday) and IRR( Now as was Prior-PQL) as the 6 months old New Release seemed to stress this with no further info on this NEW INNOVATIVE READING process: <<..Re. the line about the innovative geologic model, I'd like to know more about it! I assume it's now including seismics & EM's? - Do you know?>>( From 1575 ) TIA, Chuca PS- REFERENCE: Archon Minerals Limited - Prospecting agreement on CJ property Archon Minerals Limited ACS Shares issued 7224293 1997-06-10 close $1.26 Wednesday Jun 18 1997 Also Riley Resources Ltd (RYR) Also ITL Capital Corporation (ICL) Dr Stewart Blusson and Mr William Trimble report Archon Minerals has signed a prospecting agreement with ITL Capital Corp and Riley Resources. The prospecting agreement covers the companies' CJ property 350km northeast of Yellowknife, NWT. Under the terms of the one year agreement Dr Stewart Blusson will implement a comprehensive review of all exploration work completed to date on the 91 claim property. Followup work will include a detailed airborne survey of the CJ claim group, using a helicopter mounted probe magnetometer system. The work program is expected to begin in early July with Archon Minerals Ltd having the right to earn a 25% interest in all kimberlite occurrence that it discovers on the CJ property. The work program wil be financed by Archon. Airborne targets defined by Dr Blusson's innovative geophysical technique will be tested with a portable drilling rig to confirm their identity as potentially diamond bearing kimberlites. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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