Anzex Message Board - Msg: 5132232

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Gold/Mining/Energy : Anzex

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To: chevalier who wrote (23)	7/8/1998 3:14:00 PM
From: John E.Quinn	Read Replies (1) of 253

The company released Longwoods drill program update yesterday.The first hole was terminated at 620 M. due technical problems.The company is however encouraged that sulphides were being encountered at that point. The second hole is approximately half way to 1000 M. target.Third hole to follow with assay results expected early Sept. Drill program to start at Mosquito Hill,Australian property immediately.Six hole reverse circulation to 300 M. Spoke to Todd McMurry yesterday,There are presently 8,695,000 shares O/S of which approx. 4,640,000 are held in pool by insiders. Anthony Naldrett has left New Zealand property but Todd indicated that he was enthusiastic about his observations while on site.

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