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Gold/Mining/Energy : Golden Arch Resources---GAI.V
GAI 8.8000.0%Mar 22 5:00 PM EST

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To: NICVIC who wrote (96)5/26/1997 10:35:00 AM
From: Oak Man.   of 359
 
As of this morning we are approx. 4100' into the ground. Time was spent on the weekend for cement casings. The first 5000-6000 feet goes by quikly. the next 6000' has to be done at a slower rate.

We are three weeks away from drill stem test, which may or may not be reported. The completion of the well could take 2 weeks after the well has been drilled.

Dave
Oak Management
800-661-0091
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