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

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

CVR 9.000

-2.2%

Nov 7 3:36 PM EST

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To: Len Hynes who wrote (274)	7/7/1997 3:23:00 PM
From: Donald A. Kerper	of 409

Len, cvr is now willing to say that they do have a sed-ex structure at Carboneau. They have at least 4 holes drilled with very similar results - sed-ex and lead-zinc mineralization. Independent assays have not been done yet so therefore they are willing to discuss "how much". The next hole is going to a different location adjoining the old lake bed and they are preparing to drill a 45 degree angle hole to not only help validate the geographical structure but also to determine what kinds of mineralization lay underneath. In fact, drilling may already be going on - they weren't sure due to the holiday vacation and all. My understanding is that this next hole will be about 300 meters. This is about 3 times the depth of the first. However, I do not know if this is considered a "deep" hole. Len Harris and Richard Garnett are heading down to Los Colorados mine on Friday to observe the mine site in operation. Here's hoping to an average 1 oz per ton yield starting this week. Don

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