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Gold/Mining/Energy : Gammon Lake Resources GAM-TSE

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To: 1king who wrote (55)8/11/1999 11:24:00 AM
From: Buckey  Read Replies (1) of 116
 
This must be the stablest trading OTC I have ever tracked - Here is what Canacord said about them this morning in their letter

GAMMON LAKE RESOURCES ("GAML-Z") - reports significant intercepts in
each of the first 8 holes from the Phase II diamond drill program at
the Brenda Mine Ocampo Project, Mexico. Hole BR-99-12 returned 53
meters of 2.8 g/ton gold equivalent which included 22 meters of 4.8
g/t gold equivalent. Hole BR-99-11 returned a high grade intersection
of 9 meters of 10.2 g/t gold equivalent which included a significant
intersection of 4 meters of 20.4 g/t gold equivalent. Hole BR-99-13
contained an intersection of 19 meters at 2.6 g/t gold equivalent. The
drilling program continues at the Brenda Mine Ocampo Project. Gammon
Lake will release results in the next two weeks. Recently reported
bulk samples which total 1,574.3 tons have produced a gold equivalent
average grade of 12.5 g/t obtained from a width of 2 to 6 meters.
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