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Gold/Mining/Energy : Montello Resources

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To: J.C. who wrote (1254)12/31/1997 12:41:00 PM
From: Jesse  Read Replies (1) of 4256
 
Hi JC-- here's an excerpt from MEO's Dec.22/97 NR:

In the Buffalo Hills area of Alberta, ground followup of air magnetic anomalies has defined 18 targets that are highly prospective as representing kimberlite in the eastern half of the Jazz West prospect area. This work will continue in January as less than 30% of available airborne anomalies have been tested to date. Midwest Drilling has been contracted to start drilling on identified targets and will be mobilizing the first week of January 1998. All permits are in place and a camp will be established on the site.

As you pointed out, this play is barely getting started in terms of targets.

-j
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