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Gold/Mining/Energy : Winspear Resources

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To: Walt who wrote (1817)5/23/1997 6:30:00 PM
From: VAUGHN   of 26850
 
Hello Walt

I spoke with the company this afternoon and they indicated that they had been answering inquiries from the VSE regarding the volume. They had told the VSE that a NR was being proofed by Aber and may be released this evening or as late as Monday morning.

They did not think the NR was the cause of the speculation but rather they suggested that it appeared that a chat group in the states had circulated a rumour which had apparently originated by a poster in YK. The rumour was that "two cores had been packed and crated under great security and shipped by helicopter to YK".

So what's new!

The NR is not an announcement apparently but rather another progress report. It will apparently state that dyke cores are being processed by Lakfield and that the 107 core is on the way to Lakefield.

It will apparently also state that a second hole was drilled within 50 meters of the original 107 discovery hole with similar results.

Regards
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