VOISEY BAY'S FIND - A NEW DISCOVERY Message Board

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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: Jimsy who wrote (347)	10/10/1997 4:53:00 PM
From: Ed Pakstas	of 481

Jim: Have you seen this News Release: What's your take and where is ICA's property in relation to DRZ/MGJ/CWA/NAI etc.etc.. Congrats., missed all the fun today...Damn job got in the way again.... Falconbridge ponders final-hour results near Voisey's Bay International Canalaska Resources Ltd Shares issued 15,918,260 Fri 10 Oct 97 John Kaiser, writing in the Kaiser Bottom-Fish Tracker on October 10, notes that on October 9, International Canalaska Resources jumped $0.11 to $0.51 on 120,000 share volume in response to news from encouraging results from the Eastern Deeps Extension program. Canalaska, Columbia Yukon Resources and Falconbridge are drilling the final 1,500-metre-deep hole of the season on the VBE-1 property adjoining east of Inco's main Voisey's Bay block. The partners have completed six deep holes close to the Inco border without encountering significant mineralization. However, Hole 97-7 indicates at a depth of 754 metres, sulphide pods were encountered. Commenting that the market had "pretty much given up on VBE-1," Mr Kaiser adds if deeper drilling produces more results, Falconbridge will have to think hard about walking away. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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