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Gold/Mining/Energy : Holmer Gold Mines

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To: Hans Nonchen who wrote (710)10/12/1999 8:48:00 AM
From: lorne   of 739
 
Hello Hans. This is the same report as Holmer only from St Andrews
point of view.
........... " Announcement of this joint venture is an exciting event for St
Andrew!" says Gryba. "Gold has made a rebound to over $US300/ oz
and we are initially targeting an open pit containing 300,000
tonnes grading 3-4 g/t. The Holmer gold system already has 5
parallel gold zones that are wide open to depth with high grades
typical of the Timmins camp. We think that a long-term,
underground mine is a real possibility." .......
Full Report >>>>>>>>>
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