Verdstone Gold Corp.(VGC--vse) Message Board

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Gold/Mining/Energy : Verdstone Gold Corp.(VGC--vse)

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To: Dann Isbell who wrote (11)	11/7/1997 2:41:00 PM
From: JOHN W. FISHER	Read Replies (1) of 16

Verdstone is alive and well. Crow-Rea evaluation indicates it is a good bet for additional reserves of MoS2 - but must be drilled to much greater depths to look for them: Hence lower status now. Upsurge in Platinum and Palladium prices focusses Verstone/Molycor's exploration efforts on Dobbin. Recent drilling shows good long intersections of copper-platinum-palladium values: 50 ft. @ 1.316g Pt & 0.949g Pd. More results still to come. Winter work will be on Yorke-Hardy Molybdenum property @ Smithers, B.C.; Audit of reserves (138,000,000 tons including 23,000,000 tons @ 0.401% MoS2) and studies re options for mining, transportation & processing.

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