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Gold/Mining/Energy : Gold and Silver Mining Stocks

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To: E. Charters who wrote (11)2/3/2000 10:40:00 AM
From: Ptaskmaster  Read Replies (1) of 4051
 
PANGEA REPORTS ADDITIONAL DRILL RESULTS FROM GOLDEN RIDGE PROJECT.
"Improving grades confirm potential to expand the resource-

"Pangea Goldfields Inc today released additional results from the ongoing diamond drill program at the Golden Ridge project in Tanzania. The project is located in the Lake Victoria Goldfields area,...
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"To date, results confirm that the inclusion of quartz vein intersections could provide a more accurate picture of the gold distribution and significantly enhance the average grade of the deposit. The weighted average grade of the oblique holes is 3.72 grams/tonne gold as compared to the weighted average of 2.66 grams/tonne gold for holes drilled at right angles to the banded iron formation.
----snip----
"Elsewhere in Tanzania, drilling has commenced at both the Tulawaka project and at the Bulyanhulu South project. Drilling is scheduled for the first half of the year at the Muhama project which is contiguous to the east of Tulawaka."

Full Company Press Release at
biz.yahoo.com
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