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Gold/Mining/Energy : LAYFIELD RESSOURCES (LAY-VSE)

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To: Ed Pakstas who wrote (79)9/30/1997 12:10:00 AM
From: Jimsy   of 528
 
Ed - Layfield has 2 properties reasonably close in jv with NDT and Donner. One is fairly big and if you go east on the Cypress map from the first drilled NDT/Donner/Lattitude property, you have the south end of the Major General property, then a big piece of Cypress Minerals property, then the biggest Layfield/NDT/Donner property. The colour of this block is beige on the Cypress map.

The other block is smaller just SW and shows up red.

ie if the maps I have from these varios companies are correct. They are constantly making deals with each other to change and swap land positions.

According to the Enersource coloured map, Layfield has several other properties in Harp Lake, but whether the claims have been kept in good standing don't know. You can be sure everyone in these mining companies is reassessing what they have in light of the current Donner/Teck program.

Since noone has found much to the north in the Voiseys Bay area, it is quite likely that this initial program this fall could spark another round of intense staking and exploration effort in the Harp Lake area.

If this unfolds and Layfield still has the other claims, who knows what might happen once this renewed interest gets cranked up.

The Donner release today is very promising of something. I understand there is drilling on the Major General property, some to start on the Cypress property to the southeast, and Labrador International has a big piece of prospective property just to the east of the NDT/Donner/Lattitude property.

It should be an interesting 5 or 6 weeks here.
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