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Gold/Mining/Energy : Exall Resources/Glimmer Resources

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To: twentyfive who wrote (1304)3/7/2006 4:48:45 PM
From: winzer5  Read Replies (2) of 1319
 
EXL/SSR intersects 291.4 grams/tonne over 2.44 metres (8.50 oz/ton over 8.01 feet)

TORONTO, ONTARIO -- March 6, 2006) - Exall Resources Limited EXL/TSX EXALF/OTC and Southern Star Resources Inc. SSR/TSX are pleased to announce that the on-going drill program at the Gold Eagle Mine Property in Red Lake, Ontario continues to intersect significant widths of high-grade gold: 291.4 grams/tonne over 2.44 metres (8.50 oz/ton over 8.01 feet) and also discovered a new high-grade sulphide-hosted type of gold mineralization: 17.03 grams/tonne over 17.12 metres (0.50 oz/ton over 56.17 feet).

The Bruce Channel high-grade gold mineralization has characteristics similar to other high-grade Red Lake gold deposits and is open in all directions.

Ran up to just over $2.00 on Monday. Not sure if the increase in interest rates scared some of the leveraged investors. Recent report looking for $4.60 for SSR and $2.60 for EXL shortly.

Cheers
Winzer
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