CELTIC MINERALS LTD A COMPANY TO WATCH SHORT AND LONG TERM Message Board

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Gold/Mining/Energy : CELTIC MINERALS LTD A COMPANY TO WATCH SHORT AND LONG TERM

CME 265.49

+1.0%

Oct 31 9:30 AM EDT

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To: Stan Kozak who wrote (716)	3/20/2000 8:29:00 PM
From: Jimsy	Read Replies (2) of 744

CME-v one to watch, projects in Central Newfoundland Zinc Project in the Central Mineral Belt (CMB), a world-class target area for polymetallic (zinc-copper-lead-silver-gold) ore deposits. jv with Billiton, Phelps Dodge working adjacent properties, The deposits at the old Buchans mine were some of the most profitable of their type ever mined worldwide. With production, over a better than 50 year mine life, of 16.2 million tonnes grading 14.5% zinc, 7.56% lead, 1.33% copper, 126.0g/t silver and 1.37 g/t gold they contained more metal than the entire Noranda district. So this area is getting a rework. There has been a lot of recent drilling with results being analyzed and would expect soon to be published. I know that they have a very well respected contract geologist working for them, and he is out there again all of this week. We c.....

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