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Gold/Mining/Energy : Canadian-under $3.00 Stock-Picking Challenge

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To: Davy Crockett who wrote (3591)	9/20/2001 8:21:06 AM
From: Al Collard	Read Replies (1) of 11802

Peter, news out on your pick PPX-v: Poplar completes first Bottenbacken drill hole News Release Mr. W. Gennen McDowall reports Poplar Resources has completed the first drill hole at the company's 100-per-cent-owned Bottenbacken polymetallic project, which has palladium, copper and gold credits. Drill hole BB-1 is the first of a 20-hole drill program. The hole was drilled on the Bell zone, one of four main exploration targets within the project area. An additional two holes are planned for drilling on the Bell zone. BB-l was drilled to a depth of 248.55 metres. It was drilled at an angle of 50 degrees toward the northwest to test an IP and magnetic anomaly. Besides the geophysical anomalies, a mineralized outcrop was discovered 20 metres from this hole. Mineralized boulders previously assayed (see news in Stockwatch on July 16, 2001) also lie approximately 250 metres southwest from this drill hole. Preliminary drill core logging of the complete length of the core at BB-1 shows that the main rock type is a medium grained, dark to grayish, porphyroblastic, basaltic "metavolcanic" rock. Abundant quartz and epidote veins are noted along the drill core. A number of diabase dikes cut the drill core. Sulphide mineralization has been noted throughout the hole, with chalcopyrite, bornite and pyrite being identified. Drilling was stopped while still in metavolcanic rock. Splitting of the core at BB-1 is currently under way and the core will be sent for assaying shortly. Assay results on BB-1 will be released upon completion of the analysis. Drilling on the second hole, BB-2, at the Bell zone commenced yesterday.

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