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Gold/Mining/Energy : Silver Peak Resourses SVV,V

SVV 9.770

+0.7%

3:59 PM EST

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To: Rocky510 who wrote (242)	2/6/1998 3:19:00 PM
From: Pete	Read Replies (1) of 284

That was probably 10 years ago when silver last ran up. SVV owns 70% of an advanced project in British Columbia called the Abbott Wagner. It is a silver/lead/zinc property about 40 miles south of Kaslo, where Cream Minerals is drilling. It has been mothballed since 1989, but they actually shipped and processed ore at the mill in a test run. The Abbott Wagner was drilled back then, and some of the assays are very high in silver. They have spent $8 million on the property already, including building a road for $1 million. The resource size, proven and inferred is over 500,000 tons according to their website. silverpeak.com

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