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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY

CME 276.50

+1.9%

Nov 7 9:30 AM EST

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To: Brandi Alexandria who wrote (284)	9/29/1997 1:26:00 PM
From: Ed Pakstas	of 481

Cirque assay results Cartaway Resources Corporation CWA Shares issued 31,124,284 Sep 26 close $0.67 Mon 29 Sept 97 News Release Mr John Ivany reports Assay results have been received from drill hole LBN-11 on the company's Cirque property 85km north-northwest of the Voisey's Bay deposit in Labrador. This hole was drilled 290 degrees at an inclination of -45 degrees for a length of 729m. The lenses of disseminated to massive sulphide mineralization which were encountered from 608.55 to 689.40 metres are anomalous in cobalt, copper and nickel and the best assays are: Interval Length Co Cu Ni (m) (m) % % % 635.05-639.28 4.23 0.031 0.121 0.075 645.47-647.47 2.00 0.061 0.238 0.166 655.32-656.23 0.91 0.045 0.396 0.104 664.15-667.20 3.05 0.081 0.302 0.197 inc 666.53 1.58 0.101 0.320 0.244 673.05-673.47 0.42 0.99 0.104 0.250 It is anticipated that drill hole LBN-12 will be completed by the end of the week. This hole will intercept the mineralization zone at approximately the same vertical elevation as LBN-11 at 100m to the south. Cartaway is also drilling a geophysical anomaly on its BR-E property 90km due south of the Voisey's Bay deposit and adjacent to the Donner-Teck ground. It is being drilled vertically and will be completed shortly. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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