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

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To: Terence Mitchell who wrote (969)11/13/1997 9:59:00 AM
From: Ed Pakstas  Read Replies (1) of 11676
 
!!!!!!NEWS RELEASE!!!!!!

Subject:
Stockwatch: Donner Minerals Ltd - News Release
Date:
Thu, 13 Nov 1997 06:53:31 -0800
From:
newsout@canada-stockwatch.com
To:
edpak@georgian.net

Work program planned for South Voisey Bay project

Donner Minerals Ltd DML
Shares issued Nov 12 close $2.23
Thu 13 Nov 97 News Release
See Mandorin Goldfields Inc. (MGD) News Release
Mr Andrew Cooke reports
Mandorin Goldfields has received commitments from Donner Minerals to carry
out a work program on its property in 1998.
Mandorin has a joint venture with Donner over the 200 mineral claims
comprising mineral licence number 3104M at South Voisey Bay, east of
Notakwanon River. The property is in excess of 48 sq km immediately on the
western border of Donner's Northern Abitibi joint venture property where
Donner has reported results from holes 67 and 75 which intersected
intervals of massive sulphide mineralization. The Mandorin property begins
approximately 6km from holes 67 and 75.
Donner is the operator of the exploration program on Mandorin's property
and is currently preparing detailed programs and budgets for their 1998
campaign in South Voisey Bay. It is contemplated that initially this will
include a gravity survey over the southeastern portion of Mandorin's
property as gravity surveys have been most effective in delineating the
gabbroic intrusions identified to date. Donner has advised Mandorin that
gravity data which outlined a strong anomaly in the Northern Gabbro area is
open to the west and northwest and the 1998 program will in part be
designed to test for extensions in those directions.
It is envisaged that the 1998 work program will also include detailed
mapping over the southeastern portion of Mandorin's property.
Results of the Donner/Teck 1997 work program to date have been considered
encouraging and identified intrusive rocks which are similar in character
to those hosting the world class Voisey Bay nickel deposits found in a
similar geological environment approximately 90km to the north.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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