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Gold/Mining/Energy : Pacific Rim Mining V.PFG

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To: JED who wrote (45)9/17/1996 9:49:00 PM
From: John Fairchild   of 14627
 
Assay results for 10 to 12 step-out holes on Oculto zone expected sometime between the end of this week to mid next week.

On Sept 3 JED reports Barrick originally commited to 3k meters of drilling and have already completed up to 5k. Barrick is now at 9k meters of drilling completed with no sign of slowing down. Pacific Rim IR - Richard says that Barrick is very pleased with the property. The overburden is very lose and can be romoved without blasting. Its actually on side of a hill which makes the job much easier.

Assay results on grab samples (don't recall whether he mentioned trench results) will be available from PFG Soup property in Northern BC in two weeks. This property is in the middle of Vital Pacific Resource property. Vital Pacific announced assay results for drill hole 96-1 on September 11 with interval 39 meters to 71 meters (32.5 meter intesect) grading 5.49 g/ton AU.

Regarding Diablillos property, as you have said in the past JED, Barrick will just keep on drilling and are not forthcoming with information. I guess they know what they have and at this point don't really care if anybody else does?

Sorry if duplicated any of your past posting info. I know you have been busy on your other project what ever that is. Good luck. PS I mentioned your name and was rewarded with a positive response.

John
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