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Gold/Mining/Energy : GGFI-GUYANA GOLDFIELDS

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To: CLK who wrote (98)7/18/1997 11:41:00 PM
From: virginijus poshkus   of 259
 
CLK, check this out,....Peters project yields hot numbers

Ongoing drilling by Guyana Goldfields (GGFI-C) has returned gold mineralization over
impressive widths at the Peters mine project in Guyana.

Two recent holes, MS-14 and 15, returned 76 ft. (from 335 to 411 ft.) grading 0.042 oz. gold per
ton and 158 ft. (from 510 to 668 ft.) of 0.1 oz.

gold per ton, respectively.

These holes tested the primary zone in the Main Shaft area.

The company also tested the oxidized zone in the Main Shaft area. Hole WW14 returned 57 ft.
grading 0.49 oz. gold, whereas hole WW15 hit 79 ft. of 0.14 oz.

Guyana Goldfields holds a 100% interest in the Peters mine project, where drilling is continuing
with two rigs. A third rig will be added shortly.

The program will include more drilling in the Herolds Hill oxidized zone, where recent drilling has
returned 7 ft. of 0.17 oz., 20 ft. of 0.68 oz. and 17.5 ft. of 0.07 oz.

your cybergolddud, vargas
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