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Gold/Mining/Energy : Exall Resources/Glimmer Resources
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To: James N. Wilson who wrote (515)2/25/1998 4:15:00 PM
From: James N. Wilson  Read Replies (2) of 1319
 
Glimmer Mine 1997 Gold production

Exall Resources
Shares issued 28360919
Wednesday Feb 25 1998
Mr Stephen Roman reports
Total production from the Glimmer mine bulk sampling program completed
December 31 1997, yielded 39,852 oz of gold with total revenues of
C$17,549,564. Fourth quarter production was 18,003 oz at an average
cash cost of US$260.82 per oz. Commercial production was declared on
January 1 1998 and a new reserve estimate is presently being completed.
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