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Gold/Mining/Energy : Gallery Resources (Alberta GYR)
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To: John-Randy Imrie who wrote (1092)11/26/1997 2:33:00 PM
From: Kent C.  Read Replies (1) of 1829
 
Hi John,

Not sure why I'm even responding to your post, maybe you read the wrong release, but..........

In a recent development on Tuesday afternoon Mr. French advised the Company that a third hole presently being drilled has intersected, in the first 80 feet of core, disseminated chalcopyrite-pyrrhotite-pentlandite mineralization on the gossan zone.

...continued drilling... They are still drilling.

Is that a dry hole? Your clairvoyance on the drill core is outstanding, they haven't even had the core assayed yet. I'm not saying that GYR has the goods yet, they are still very early in the exploration stages, and haven't released any blockbuster assays. I hope can say different after GYR finishes the drill program on Harp & Okak.

And for your information - PYRROHOTITE - is an iron sulphide and a host rock for gold (Au)

I'll admit that this release wasn't the one to light the stock up, but to me, it was an encouraging update.

Cheers,

Kent
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