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Gold/Mining/Energy : Naxos Resources (NAXOF)
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To: william allen who wrote (7835)1/6/1998 6:50:00 PM
From: Larry Macklin  Read Replies (2) of 20681
 
expect an announcement wednesday regarding the end of the private placement and the extention of the johnson lett agreement.
Dr Johnson is at the processing lab this week. processed samples should be shipped to the three assaying labs by friday or monday. all three labs including ledoux have agreed to a five day turn around on release of results. we should see numbers from all three labs,including platinum, by a week from friday. these will be certified and chain of custody. this is in addition to the assaying that ledoux is running right now. over 40 holes are being drilled and will also be processed and sent to the labs for assaying so we should see a continuous stream of results after the initial results.the pilot plant is on schedule for late march and some of the permits are in place.
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