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Gold/Mining/Energy : Major General--MGJ

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To: wayne cath who wrote (277)1/17/1998 11:28:00 PM
From: Ed Pakstas  Read Replies (1) of 1707
 
Hey Guy's 'n Gals...Spoke to Glenn yesterday got a little update...

Re: SVB...

Don't expect to hear anymore on the drill results of significance from the last hole...

Sinificant notes:

...The last hole they drilled on the eastern extension turned up significant amounts of "black" Troctolite (apparently that's what NAI's nickle was found in)...

...There is a meeting of all DML/TECK JV partners in mid February to discuss the targets and drill program for '98...

...DML/NAI drilled 15 holes on their property and 3 showed up with mineralization...MGJ only had 2 drilled on their eastern boundary with NAI and both came up with Troctolite...

Re: New Brunswick...

Drilling is almost complete on the 3rd hole...Will drill the 4th and then they are moving on to another location...No results are forthcoming, unless they are significant...Purpose of drilling is to follow a strike line...

Re: Greenland...

MGJ is being courted by several company's regarding JV possibilities... Some are small some are not...

That's it...That's all I got...

MGJ will be attending the PDAC show in Toronto and so will I...

...ed
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