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Gold/Mining/Energy : Mutapa Gold Corporation VSE:MUA

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To: Andrew Bailey who wrote (48)6/23/1998 12:03:00 AM
From: Intrepid1  Read Replies (1) of 73
 
Andrew, The Drill holes are angled and are not pointed straight down. The true depth is between approximately 700 to 1600 feet. The deposit is open to depth, is widening, and step out hole 5 which is 200 feet from the original collar has intersected the same zone.

So what Mutapa has so far is 900 vertical feet of copper mineralization with the width increasing from 25 feet to 45 feet as the depth increases. Grade is running 2-3% copper with some zinc and gold encountered. The first step out hole 200 feet west from the original collar appears to have intersected the same zone.

Here is a link to the drill hole schematics:

mutapa.com

And a link to the news release:

mutapa.com

Not bad for five drill holes!

purething
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