SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Cypress Min. (CYP.V) Diamond Fields clone?
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hugh M. who wrote (210)1/14/1998 3:12:00 PM
From: VAUGHN  Read Replies (1) of 595
 
Hello Hugh

I posted this on the Donner thread Jan 9. It may interest you and other lurkers who don't scan the DML thread.

From: VAUGHN Friday, Jan 9 1998 3:11PM EST
Reply # of 2945

To All

Spoke with DML yesterday and can pass along the folowing:

1. At some point about the third week of January +/-, expect to see the 1997 Program Review or Summary as supplied by Teck to DML and JV partners. It will document what was drilled, where, and what was found.

2. At some point about one to three weeks +/- before the PDC in Toronto in early March, expect to see Teck/DML's anticipated 1998 Exploration Plans indicating focus of the program, exploration to be undertaken, number of holes anticipated, intent of program, etc.

3. No massive sulfide assays are outstanding at this time or remain to be announced.

4. It is anticipated that a great deal of the 1998 program will focus on the northern gabro area with a great deal of attention devoted to the NAI JV. This will include further geophysical surveying and drilling with the intent of attempting to identify thicker massive sulfide intersections and tonage in and nearby holes 96 and 75 in addition to exploration of other prospective drill targets on these claims.

5. It is anticipated that alote of the 1998 program will also focus on the southern gabro area with a great deal of attention devoted to the CYP JV. This will include further geophysical surveying and deep drilling with the intent of attempting to identify massive sulfide intersections and tonage below previously shalowly terminated holes in addition to exploration of other prospective drill targets on these claims.

6. Weather permitting, current thinking is that all things being equal, Teck will return to active drilling sooner rather than later.

7. There has been a great deal of investor interest both from outside of Canada and from funds and apparently there has been some significant and ongoing accumulation in this regard. This is anticipated to continue.

8. All JV partners have now agreed to the 1998 exploration program.

9. Company sentiments are extremely high and optimistic for very exciting 1998 exploration results.

The party providing this information has never mislead me or been proven wrong in the past.

Regards

Hope this was of help and good luck in 1998.

Regards

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News