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Gold/Mining/Energy : Golden Hemlock(GHE)

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To: Frank Moss who wrote (237)7/24/1997 3:16:00 PM
From: Robert Dydo   of 909
 
so you meant 10ft interval of 29g/t. I hope it will be out soon.
Robert

There is a news:
Golden Hemlock Explorations
GHE
Shares issued 7128326
1997-07-23 close $0.69
Thursday Jul 24 1997
Mr Robin Forshaw reports
Diamond drilling has resumed on a continuous basis on the Tres Amigos zone of
the San Jose de Gracia mineral district. The unforeseen mechanical problems on
two drills have been rectified and drilling is now proceeding.
To date, four holes have been completed on the Tres Amigos of which assays
have been received from two. Drill holes 97-37 and 97-39 were drilled from the
same location. Due to difficult terrain, the holes were drilled parallel to the strike of
the Tres Amigos in an easterly direction -60 degrees and -75 degrees. These
were intended to penetrate the 60 degree dipping Tres Amigos zone at the same
elevation as the hole No. 13 intercept. Due to the zone steepening and the
basement rocks rising to the east, the main vein was not intersected. Both holes
intersected a vein higher up in the section. The vein, also intersected in hole 97-13,
appears to be strengthening in width and grade as it goes east.

Drill Hole
----------
From-To Intercept Au Ag Cu Zn
(m) (m) g/t g/t (%) (%)
--------- ------- ----- ---- ---- ----

97-37
35.9-37.2 1.3 11.97 15.0 0.19 3.60

97-39
40.2-43.2 3.0 29.50 44.6 0.58 7.45

Drill hole 97-40 was completed at -75 degrees in a southwesterly direction and
intersected the main Tres Amigos system at 110 metres, at which point the zone is
over 15 metres thick. Assays for hole 97-40 are expected within one week.
Further ground work between the Tres Amigos and La Prieta targets, including
Rudolfo's vein has resulted in the discovery of mineralized zones previously
unknown. Cat trenching and results from 31 chip samples indicate significant
values in gold, silver, copper and zinc over a large area. The best sample, across
3.6 metres assayed 34.91 g/t gold, 74 g/t silver, 1.8% copper and 6.1% zinc.
Company geologists and the company's independent engineer now believe the
Tres Amigos and Rudolfo areas are within one mineralized system with dimensions
450m x 1,200m. Further work, including drilling, will be carried out to delineate
this much enlarged target area as well as the southwest extension of the Tres
Amigos vein.
Results from continuing drilling as well as from other work will be reported as
received.
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