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Gold/Mining/Energy : Stealth Mining Corp. [SAL:ASE]

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To: Roman de Guzman who wrote (76)9/12/1997 11:46:00 AM
From: Walter Kraus   of 130
 
Its getting crowded at Snowstorm. Blue Desert (ASE, $0.30) has been there for some time. If you draw a line between Franco/Euro Nevada's discovery and Romarco's property (currently being drilled), BDE sits right in line between them! IMHO I believe BDE has some potential for share appreciation this fall. That being said, BDE's true jewel may be its Chilean properties. Check out their web site:

bluedesert.com

or their threads at SI or Stockhouse.

Here is the Stealth release:

Mineral claims acquired in Nevada

Stealth Mining Corp SAL
Shares issued 7,600,000 Sep 11 close $0.56
Fri 12 Sept 97 News Release
Mr Bradley Jones reports
Stealth Mining has acquired mineral claims in the Snowstorm and Manhattan regions of Nevada. Snowstorm claims, in the northern part of the state, consist of 53 contiguous lode mining claims (1,095 acres) in the Snowstorm Mountains area near the community of Midas in Elko County, Nevada. Three additional claims have been acquired in the Manhattan area where exploration activity in recent months has been increasing.

The claim areas are considered to be excellent targets for epithermal precious metal exploration and will be developed by Stealth using a program similar to that being introduced at the company's core property (the Pine property) in northern BC.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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