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Gold/Mining/Energy : MXR MAXIMUM RESOURCES INC. (VSE:MXR) UP?

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To: nc (guessed password) who wrote (262)4/1/1997 7:51:00 PM
From: J. Nelson   of 751
 
Nick: Thanks for the up date. I spoke with Mr. R.G. also and the 4000 Hectares

gives a total new look to the property and ownership. This ground is big (very big)
as there are apx. 2.2 acres per hectare X 4000 = 8800 acres. We went over the Map
I have from Mr. House's Report and the new area is full of Hydrothermal Alteration
(that's where gold is found).

You see up to now I think it was very hard for any large mining company to get into
this part of Chile, as the locals all hold small 100 or 200 hectare claims. The parent
has secretly contracted through purchase options the 4000 hectares. This now is a
very secure location. IMO, by having the large acerage the value of the total sum
increased greatly. At 2000 hectares it was a ok find. Now it is a great location.

With the Drill program as you said starting in April (oh,o, it is April) this should
turn out to have some of the analysis assayes proven up. With a 1% copper found on the
Dacite dome of the M. Milagroso, and great assayes over the property we should have
lots of fun when the commercial production grade is released. I look forward to the
discusion over the project and values here for some time.

Regards,
JNelson
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