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Gold/Mining/Energy : ST. ANDREWS SAS t.

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To: Bill Jackson who wrote (20)2/28/1997 8:36:00 PM
From: Charles Gryba   of 105
 
Thanks Bill. I've been called many things in the past but "t h i n""
was never one of them!
But you are definitely right about being busy. St Andrew is continuing the IP and drilling program that it started in 1996 and which has had considerable success. In less than one year SAS (St Andrew's symbol)
has doubled overall resources and increased the West Porphyry reserves from 274,000 tons @ 0.21opt to 1,460,000 tons at 0.28opt. In fact, SAS has hit distinct and sometimes highgrade gold mineralization in all three minesites at depths 500 ft below previous mine workings.
The Company is cotinuing the work in 1997 and currently we have 5 drills on contract; 3 at the Taylor property (Shoot and West Porphyry zones), and 1 each on the Hislop and Stock minesites. We are drilling step out holes off known zones to extend the mineralized zones, infill drilling to upgrade reserves from the possible to probable / proven category, and holes to test new Real Section IP anomalies that are known to outline the gold bearing silicified zones on our proeprties.

Got a question? Drop me a line to standrew@idirect.com or even better, call me at the office at 416-597-0969. This is my first note on this internet system- I don't usually get the time to log on yet.

Mark Waychison
Investor Relations and Consulting geologist for St Andrew Goldfields
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