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Gold/Mining/Energy : Goldminco Consolidated Mining Corp. GMC (was GMO)
GMO 0.01210.0%Jan 21 4:00 PM EST

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To: Daytek77 who wrote (475)5/29/1997 5:04:00 PM
From: Ron Everest   of 588
 
Based on the times stated in the May 6th release one could expect:

Release: May 27, began drilling
Expect assay results approx June 23 from drilling
Note; the March 27 release stated that Posie, North Posie and Alaska are to be drilled.

Note also that there are other events which they arel likely acting upon and report in due course:

Release: March 27, they are going to geochemically test the remainder of the 15 km Alice Fault. It is stated that further surface sampling will take place North of Alaska and another magmetric target further north of North of Alaska. Release Jan 30th, they stated that they are applying for a further 932 sq km of prospective vacant ground (I take this to mean the ground north of Alaska which would likely complete the acquisition of all of prospective ground with respect to Alice Fault).

Release: April 14, they plan to trench North Posie where high grades were found in pit samples. Release: Feb 25 and Jan 30, trench North Posie and Alaska Anomoly.

Best regards,
Ron E
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