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Gold/Mining/Energy : Firesteel Resources Inc. (ASE)
FTR 0.05900.0%Jun 1 4:00 PM EDT

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To: Trevor R. Teed who wrote (72)2/22/1998 12:06:00 AM
From: Ian McCartney  Read Replies (1) of 97
 
Trevor,
David has been preparing the Boom base metal prospect for field work, and has a working budget and acceptable quote for a drill program on the geophysical anomalies there. Adequate flow-through funds have already been raised. However this is a summer program and could not start until July, so there is lots of time to evaluate other opportunities before then. Some of these have included NWT silver-base metal properties, but no indications of anything moving forwards there. Mexican and BC properties could also be considered. The company continues to consider a european mineral acquisition on which a first phase of due diligence has already been completed by the President, accompanied by a European based senior consultant.
Ian
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