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Gold/Mining/Energy : Madison Enterprise, MNP/VSE
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To: Claude Cormier who wrote (17)4/19/1997 4:19:00 PM
From: chevalier   of 285
 
The real amazing thing about finding this quartz roscellite bonanza is that it occurred 200 meters away from where sampling uncovered the 2000 g/t gold assay of quartz roscellite. It looks like there is more where this came from. Another interesting note is that it took Placer Dome until hole 158 before they found a bonanza zone like this at the Porgera mine next door. With $800,000 a month being spent on property work and three drills turning I was told that we should see about 20-25 holes a month. It should not take too long before a major wants to swallow this project up. Catherine Mcleod will undoubtedly get top dollar for the project and if we are lucky, maybe she can repeat her Arequipa price of $100 U.S./ounce. Only time will tell
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