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Gold/Mining/Energy : Canadian Small Cap Stocks

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To: Ally who wrote ()	4/9/1998 1:08:00 PM
From: Mike Boyd	of 512

Hi Denise! What do u think of Leopardus Resources Ltd. (LEP.V)? Mozambique Update- On March 19, 1998, representatives of Leopardus Resources Limited, ARCO International Oil and Gas Company and SASOL Petroleum International Ltd. held a press conference in Maputo, the capitol of Mozambique, with the ministry of Mineral Resources and Energy of Mozambique and Empreso Nacional de Hidrocarbenitos, the national oil company, to announce that final preparations are underway to complete a major Production Sharing Agreement (PSA) with respect to the Temane, Sofala and M-10 Permit areas in the Republic of Mozambique- natural gas projects which have been independently evaluated and are estimated to contain up to several trillion cubic feet of potential natural gas reserves. A major drilling and development program is planned to follow finalization of the PSA, concurrent with the formalization of natural gas sale agreements with prospective customers in the region. Mike

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