Donner Minerals (DML.V) Message Board

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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: Ed Pakstas who wrote (288)	10/15/1997 5:39:00 PM
From: Zardoz	of 11676

Fixed font version: {Good results for a limited depth} Donner Resources Ltd - Further positive developments at South Voisey Bay project Donner Resources Ltd DRZ Shares issued 18400762 1997-10-14 close $1.03 Wednesday Oct 15 1997 Also Northern Abitibi Mining Corp (NAI) Mr David Patterson reports Further interim results have been received from Teck Exploration for the continuing South Voisey Bay project, approximately 90km south of Inco's Voisey's Bay deposit. Today, Teck has advised that Hole 75 intersected a 1.1m interval of massive sulphide mineralization 13m below the base of the gabbroic/troctolitic sequence. Hole 75 is approximately 250m to the west of Hole 67 (see news in Stockwatch dated October 1 1997). Holes 75 and 67 are on mineral license 5518M which forms part of the Donner (50%)/Northern Abitibi (50%) joint venture. The following values are an average of two duplicate analyses completed by XRAL Laboratories, a division of SGS Canada, of Don Mills Ontario: Interval Ni(%) Cu(%) Co(%) ----------- ----- ----- ----- SVB 97-75 176.8-177.9 11.75 9.70 0.43 Check, precious and platinum group metal assays are presently being completed. All drilling and sample handling were carried out under directsupervision by Teck Exploration personnel. On September 30 1997, Teck advised that Hole 67 intersected thin intervals of massive sulfide mineralization within a thick sequence of gabbroic rocks containing disseminated mineralization. Hole 67 assayed up to: 1.93% nickel, 1.64% copper and 0.26% cobalt. These intersections are interpreted as significant since it is similar to the sequence of mineralization observed at Inco's Voisey's Bay deposit. Based on the significance of this area (5518M) Teck has completed several additional drill holes in the vicinity of Holes 67 and 75, all of which have encountered a gabbroic/troctolitic sequence containing variable sulphide mineralization. Holes 67 and 75 are on the flank of a large NNE trending gravity anomaly, which is interpreted as a possible trough or depression in the olivine gabbro intrusion. Based on the similarity to Inco's Voisey's Bay deposit and nickel orebodies elsewhere, these results are considered extremely important. Extensive additional drilling is under way and a third drill rig has been mobilized to the project. Additional interim results will be reported as they become available. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

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