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Gold/Mining/Energy : Western Copper Holdings Ltd. T.WTC

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To: Famularo who wrote (255)3/22/1998 9:14:00 PM
From: c.r. earle   of 401
 
Talked to the company recently about the Penasquito Project. The one they received from Kennecott. They have drilled 6 holes (Kennocott did) and the results show an inferred potential of 20 million tonnes (according to the company). Grading?, well that will have to wait for the next conversation!

They are completing a total of 4 holes a week on the San Nichols (sp.?) project with a total of 2 drills on site. They are looking at adding an additional drill rig.

As for tonnage on San Nichols property, no report.

Regards
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