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Gold/Mining/Energy : International Canalaska (V.ICA)
ICA 0.5670.0%Jul 11 5:00 PM EST

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To: Brian Gerbozy who wrote (610)10/10/1997 12:36:00 PM
From: Brian Gerbozy   of 891
 
I guess "anyone" would be me! Here is all I know: It is certainly not a discovery, but at 800m, anomolies encountered, getting larger all the way down. Currently 20cm in diameter, massive sulphide mineralization, with visable copper that appears to be of good grades, press release and lab sample results should be out Tuesday, when the hole should be at 1000 feet. Falconbridge is pretty excited, and as I see it will exercise one of two options: spend 10% over budget, drill one more hole, and then think about renewing by Dec 31, or just exercise the renewal option for another 3 million, neither of which will cost us a penny, and will not require stock dilution to raise capital. This is the closest thing we have EVER had, and is so far, our best chance for further results. DOUG HICKEY: Can you comment at all on this info gathered from UNofficial sources??? Brian
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