CVR: V Consolidated Viscount Resources - Ringer??? Message Board

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Gold/Mining/Energy : CVR: V Consolidated Viscount Resources - Ringer???

CVR 9.068

+0.8%

3:57 PM EST

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To: Mike Campagna who wrote (268)	6/30/1997 5:44:00 PM
From: Andy B.	of 409

Dave Says: New Foundland Four holes completed. Drill crew took the past weekend off due to Holiday. The geologist say that it looks like their theory of a sed-ex deposit is proving out so far. Just a matter of hitting or finding the "sweet spot". They think that they are on the outskirts of the sed-ex deposit which is very big. They are drilling 100's of meters apart and encountering mineralization. They will continue drilling Wednesday or Thursday. Mexico: Lyn flying to Mexico and will be bring back samples to assay by an independant Lab. Internal assays showed between 1 to 3 oz./ton. So far internal assays have been very close to independant assays. The new start up date is July 7th, hopefully this year. We'll just have to wait and see, we've heard this before. The new vein is 8ft wide. "With what we know about the length and width of this new vein ....we can get about $20 million". We'll just have to wait and see ...... Andy B.

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