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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY
CME 267.85+1.4%Nov 4 3:59 PM EST
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To: Supervalue who wrote (340)10/7/1997 8:28:00 PM
From: Ed Pakstas   of 481
 
Drilling in Labrador continues

Major General Resources Ltd MGJ
Shares issued 31,221,119 Oct 7 close $0.40
Tue 7 Oct 97 News Release
Mr Victor Tanaka reports
An error occurred in the Donner Resources news release in Stockwatch
October 1 1997. The error occurred in paragraph 6 where the text states:
The third anomaly (referred to as the major anomaly) is centred on mineral
licence 3342M and is 100% owned by Donner.
The original text of the news release distributed by Donner is the correct
version and was reported as follows:
The third anomaly (referred to as the Major anomaly) is centred on mineral
licence 2406M and forms part of the Donner/Major General joint venture.
As the incorrect statement clearly did not derive from the original Donner
news release, it is likely the result of a typographical error.
Major General's mineral licence 2406M is called the Sarah Lake property and
is optioned to Donner under an agreement which allows that company to earn
a 60% interest in the property by completing $1,000,000 in exploration
expenditures prior to December 1 1999. This figure will likely be attained
in early 1998. The Sarah Lake property covers one of the four extremely
prominent geophysical anomalies which form the core claims portion of the
Donner/Teck South Voisey's Bay project.
Drilling is expected to continue on the South Voisey's Bay project through
to at least the end of October and results will be reported as they become
available.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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