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Gold/Mining/Energy : Mountain Lake Resources Ltd ( MOA) VSE

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To: Peter Bourgeois who wrote (159)10/21/1997 10:07:00 AM
From: Peter H.  Read Replies (1) of 598
 
Hi Peter. Considering they only drilled two holes I think the results are exceptionally good. Zinc showing over 100 metres ain't too shabby! Better still it sounds like Noranda is so impressed they will continue the project.

On another note looks like we are close to hearing a JV agreement for the Maliseet project. Last week Mr. Sheito told me he expects to have something signed by the end of the month. He said three companies have shown interest. Also there was an article in the New Brunswick Telegraph Journal last week about mineral exploration in the province. Mountain Lake was featured and it said the MOA zinc discovery last summer was "one bit of good news". Sheito was quoted sayin the exploration program there should be "fairly well on its way" by the end of November. I hope that means they will continue drilling there shortly.

How about a little more investor interest here.....

Peter
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