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Gold/Mining/Energy : JAB International (JABI)

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To: Roebear who wrote (2883)2/5/1998 2:29:00 PM
From: Jeffery E. Forrest   of 4571
 
Here's some breif notes from the CC. More to come.

9000 ounces pillars alone.

Preparing to move to the bottom 2/3 of pillar 4 in 8-9 days then on to pillar 8.
Drive from Pillar 4 to 8 is thru mariposite. Probable that this contains gold. Milligrade ore

Pillar 1 was VERY rich thus Pillar 8 is expected to be AS rich.

LOTS of visible gold.

VERY anxious to announce grades and production, but WEATHER has held things up.

Most recently found VERY high concentrations in bowls from the assay from SHASTA (company that did the assay)

Mill capable of 30 tons right now.

Need upgrades to mill 60 tons a day. Will be discusiing with Sterling.

Sterling will be there Sunday.

Will be able to consistently give numbers VERY soon-Weather
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