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Gold/Mining/Energy : Donner Minerals (DML.V)
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To: Ed Pakstas who wrote (3605)3/5/1998 2:29:00 PM
From: VAUGHN  Read Replies (1) of 11676
 
Hello Ed

Spoke to Rorry in IR yesterday and got the usual vague IR information. He is not the party which whom I usually speak, but under the circumstances, I don't believe it makes any difference right now.

1. It is not guaranteed, but it is likely that the now combined 97 Review and 98 Plan will be released next week during the PDAC.

2. The "big" meeting suggested by an earlier poster is apparently nothing more than another in a series of JV meetings to resolve outstanding 98 participatory issues.

3. Current plans have not changed substantively. Subject to weather conditions, crews are expected to be working on site potentially as early as late March or as late as the end of April. Drilling is currently anticipated to start no later than mid May. Some preliminary geophysics is planned prior to drilling.

4. As the post season NR indicated, the gabro was found to plunge under the gneiss towards the southern boundary of the NAI claims as it does around some of the boundaries of the CYP claims. DML is therefore pleased to have picked up 100% of all of the Thistle claims, subject of course to a NSR in favour of the vendor.

5. Interest at, and as a result of exposure at, the PDAC, is anticipated to be significant.

Regards
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