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Gold/Mining/Energy : Flag Resources (FGR.A A)

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To: Patricia L. Toope who started this subject	9/3/2003 10:19:59 AM
From: ali	Read Replies (1) of 4269

CALGARY, Sept. 3 /CNW/ - Adding to its exploratory work in Mackelcan Township, Flag Resources proposes to drill exploratory drill holes 100 feet to the north, east and west of its CH83-24 vertical drill hole, which intersected a 262 feet (80 meters) zone of anomalous gold values, from the surface to 262 feet. The mineralized breccia zone averages 3 per cent pyrite and 15 percent quartz - carbonate. CH83-24 is located 225 feet east of the shaft on Cobalt Hill, Mackelcan Township, Sudbury, Ontario and is in the area of Flag's Wolf Lake gold - copper deposit and Jess Lake gold deposit.

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