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Gold/Mining/Energy : Cross Lake Minerals CRN

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To: Taco who wrote (1006)	12/30/1997 6:58:00 PM
From: Surething	Read Replies (3) of 3650

Taco and Geoff, I spoke to my geologist today and came away very encouraged. He told me even though we are still in the early stages of the play there were three encouraging factors to this discovery. First, the overall grades are good and in keeping with that region. Secondly, the spacing of the holes indicate a good consistency in the mineralization. Thirdly, the drilling has also defined a south westerly trend to the mineralization. He told me that if further drilling pulls up more 150 foot or so cores of decent mineralization then we could "have an elephant in the middle of moose country." I noticed some underlying strength today in East West Resources. It will be more than interesting to see the results of their drill program with GKR, CRN, and CGG around the same time as the latest Cross Lake results are released. If these results are good, Maple Minerals and Pacific Vangold Mines are right on strike. Pacific Vangold has an active work program on its property consisting of I.P.to define potential drill targets. I don't know the status of Maple's work program. I understood an area play map was being produced by ENERSOURCE but I just heard it won't be ready until sometime in January. best wishes Surething

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