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Gold/Mining/Energy : Desert Sun Mining Corp (DSM-V)

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To: Jiong Sun who wrote (27)9/26/1997 9:24:00 PM
From: Round Table  Read Replies (1) of 42
 
To All Who are interested:

DSM should be announcing the drilling of their Marrion County Oil play
in IL.

Break Down as follows:

-in the heart of a major oil producing area
-CEJA (large US private oil producer) is producing on DSM's boundary with flow rates of 5600 boe/d through 10 wells
-DSM owns (25%)and is JV'ed with CEJA and BPI on the new exploration field

Expect drilling shortly, siesmic in being evaluated currently and drill targets will be established.

Drilling equipment is on the CEJA site and can be used as soon as the targets are designated.

Gold prospects are also expected soon (266 samples), from South East Asia, but samples do nothing to junior stock in the gold market.

Call toll free 1 800 786 0895 and talk to Mark (DSM IR GUY) if you have any questions.

-
>2800 acres, with 20 acre spacing,
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