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Gold/Mining/Energy : War Eagle Mining...[WEM:VSE]

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To: Jon Warren who wrote (51)10/1/1997 2:29:00 PM
From: Jon Warren   of 235
 
News Release

Promontorios drilling scheduled for November

War Eagle Mining Company Inc WEM
Shares issued 15,953,924 Sep 30 close $0.55
Wed 1 Oct 97 News Release
Mr Martin Holt reports
A diamond drilling contract has been let on the Promontorios project with drilling starting November 1997. A geophysical electromagnetic survey is being completed in advance of the drilling.
The company has taken 95 rock chip samples on a grid that defined a mineralized zone 800m by 400m which is still open ended to the northwest. The chip samples assayed an average grade of 14% lead, 20.1 ounces per ton silver, and 0.02 ounces per ton gold. The prospect has the potential for 100-plus million tons as an open pit mine.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
_________________________________

Looking better all the time.
JW
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