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Gold/Mining/Energy : Beau Pre Explorations Ltd (BPD V)

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To: Gord Bolton who wrote (8)3/18/1999 9:59:00 AM
From: RICHARD KESSLER  Read Replies (1) of 18
 
Here it is Gord this is a major find and beau pre either doesn't know
how to market it or doesn't want anyone to know yet. I think there is only 9 million shares out. Im no expert but I've beeen told this find numbers are better then agentina gold numbers and thats trading at much higher numbers. bring your experts in and try to punch some holes in this analysis this looks to good to be true!

Mr. Robert Beau Pre, President of Beau Pre Explorations Ltd. is pleased to announce the results of our winter project of helicopter supported diamond drilling. Shallow diamond drilling has defined "several wide zones, up to 11 meters of drill intersection" that contain abundant quartz veining (with associated calcite and ankerite veining) and quartz vein swarms associated with arsenopyrite within veins and wall rocks. "NO LESS THAN THIRTEEN SEPARATE INTERSECTIONS" in excess of 100 ppb gold (0.10 g/t), are found for intersections that range from 1350 ppb gold over 1.00 meters to 389 ppb over 7.52 meters. These 100 ppb. Gold intersections are usually contained within much wider zones of anomalous gold and arsenic geochemistry.
Further deep diamond drilling of 425 to 600 meters is warranted to the south; a minimum of two fence holes are required to fully test this portin of the priority II BN Target Zone which is underlain by metasandstone and the vicinity of the Jordan River to test the eastward extension of gold mineralization defined in drill hole 88-12 within altered amphibolite. This intersection returned gold values of 5.93 g/t over 4.5 meters. Those drilling recommendations are further confirmed in the extensive evaluation report completed earlier by Burgoyne (1998), said report recommended a continuing program estimated to cost $800,000.00. The recommended work will be conducted on the above targets and several other priority I target areas within the 7000 meters mineralized corridor.
As a result of this first phase drilling we have located mineralized gold bearing quartz swarms and schists up to 100 feet wide requiring that drilling be extended across the full width of the mineralized corridor and to depth.
This extensive mineralized metasandstone and quartz swarms is intersected in diamond drill hole one/98 7000 meters east of this zone as reported in our News Release, February 23, 1999.
We expect the next phase of drilling to commence when we are certain the snow cover has melted.
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