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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)
NBL 8.4600.0%Oct 6 5:00 PM EST

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To: Ross Mickey who wrote (37)10/16/1996 5:44:00 PM
From: Chris A.   of 407
 
Hello Ross and anyone that saw the BLO release today...

I think the news release is decent, considering two of the three holes
hit bedrock right away. There was gold down to 7.5 meters and that the
last meter (6-7) had the highest gold - 12.1 g/t. Keep in mind the
deepest hole was going to be 15 meters, with the average depth about
10 meters.

Also the release mentioned it was suppose to be good that bedrock was
hit in close proximity. I'm not sure from a geological point of view
what that infers, but I've got a call into BLO to get the answer. If
anyone else knows the importance of bedrock, please enlighten me.

The other 14 holes are awaiting assay results. Remember were really
at the start of seeing what Dijon holds. The fact that further
drilling is being planned is very encouraging. Also, there Toeboeka
concession is looking real good.

Hope that institutional seller gets rid of his stock soon. If it
goes any lower, I'll have to buy some more!

Cheers...
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