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Gold/Mining/Energy : MacMillan Gold

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To: Walter Ostrikoff who wrote (19)4/3/1997 4:23:00 PM
From: Matthew J. Levesque   of 43
 
Walter:

Latest News

MacMillan Gold Corp - News Release

Large aeromagnetic anomalies discovered in Guyana

MacMillan Gold Corp
MMG
Shares issued 9696626
1997-04-02 close $0.38
Thursday Apr 3 1997
News Release
See Exall Resources Limited (EXL) News Release
Mr Stephen Roman reports
Exall has discovered multiple, aeromagnetic anomalies that are associated with
extensive artisanal gold mining on its Wakadanawa concession in southern
Guyana. The discovery is the result of 1,706 line kilometres of total field magnetic
and radiometric data, flown at a line spacing of 200 metres. The survey was
conducted following a successful first phase reconnaissance program of the area
that lies in an extensive greenstone belt near the Marudi Mountain gold deposit.
Six major structures were discovered with two anomalies measuring over three
kilometres in length and coinciding with the artisanal mining activity.
Exall and its joint venture partner, MacMillan Gold Corp, (50:50) have now
completed a work plan for a follow-up ground geochemical and sampling program
which will begin immediately in order to define targets for drilling.
Exall's management is encouraged by these results since any one of the anomalies
has the potential to host one or more significant gold deposits.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

This is why I think the Guyana property will be their best.

Good Fortunes

Matt
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