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Gold/Mining/Energy : Major General--MGJ

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To: George J. Tromp who wrote (1633)10/3/2000 3:13:03 PM
From: kidl   of 1707
 
Major General completes drilling at Sarah Lake

Major General Resources Ltd MGJ
Shares issued 41,826,328 Oct 2 close $0.16
Tue 3 Oct 2000 News Release
Mr. William Coulter reports
Major General Resources has completed the drilling in a second hole on its
Sarah Lake, South Voisey's Bay joint venture property in Labrador. Due to
the limitations of the drilling equipment, hole 2 was stopped at
approximately 750 metres within a highly altered, hybridized, contaminated,
graphitic gabbro containing disseminated sulphides. Hole 1, drilled to a
depth of 560 metres, and hole 2 have been cased to allow re-entry at a
future date.
The drilling of a contemplated third hole has been deferred pending the
results of analysis of holes 1 and 2.
At the company's Satellite property, west of Sarah Lake, the geophysical
survey failed to provide a drill target and no further exploration is
planned for this property this year. Numerous samples of the gabbro complex
have been collected to further evaluate the nickel potential.
(c) Copyright 2000 Canjex Publishing Ltd. stockwatch.com
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