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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY
CME 276.50+1.8%3:59 PM EST

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To: Supervalue who wrote ()10/18/1997 10:08:00 PM
From: Graystone   of 481
 
The thin intersections are similar to Diamond Fields.

from MGJ News Release (See Donner thread)...

...Donner announced that drill hole SVB 97-75 intersected a 1.1 metre high grade zone of 11.75% Ni, 9.70% Cu and 0.43% Co.... Early drilling at Voisey's Bay large Eastern Deeps deposit encountered similar mineralized widths at the periphery before encountering ore zones in the thicker portions of the troctolite.

Also of interest is the location of the mineralized zone. See Donners News Release on Newswire.

....Today, Teck advised the Company that Hole 75 intersected a 1.1 meter interval of massive sulfide mineralization located 13 meters below the base of the gabbroic/troctolitic sequence....

If the next results confirm the trend developing off of these first two sets of results then it will likely be very expensive to get a position in this play. A third set of results will not necessarily be indicative of how this play will ultimately develop but it will answer some questions, that for sure.

My gut feeling is that this will turn out to be good, but I am often wrong, so much for gut feelings. Good Luck to everybody involved.
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