Pacific Wildcat (V.PAW) Message Board

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Gold/Mining/Energy : Pacific Wildcat (V.PAW)

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To: Dav!d who wrote ()	10/24/1996 9:14:00 PM
From: Dav!d	of 47

Annual Report SUMMARY, looks GOOD!!!! Jon, have you seen the annual report. They have finally provided some maps that show drill hole locations and maps that show geological characteristics of the Sulut property. PAW has drilled >70% of their drill holes at Doup. This prospect by itself measures 200m X 300m X ???50m depth with a grade of 2.1 g/t Au. Bentang is 500m due west of Doup and has produce very good results. This could increase strike length to at least 800m. Three other prospects: Doup South, Parabo, and Tungau have made this property look very good. Tungau is located at 500m NE of Doup and PAW is currently drilling this prospect with the shallow rig. The rig will than move to Parabo, which is 400m SE of Bentang. This area has produced some impressive step-out drilling results of 10m of 4.94 g/t and 6m of 14 g/t Au. Than there is Tapabeken, which is surrounded by cross faults-good sign since this is where you normally look for gold. This prospect is 2000m SE of Parabo. In the report, PAW states that the MINIMUM outer limits are 3000m by 1000m. THIS COULD WIND UP BEING A HUGE DEPOSIT!!! Indeed, the geology is described as a hydrothermal porphyry Cu/Au system. These systems usually have VERY LARGE tonnage with gold grades around 2 g/t. Please let me know if you have seen the report. If you have not gotten it, I strongly suggest you call the company and ask for it. There will be two more releases in the near future: 1.) more shallow drill hole results from Tungau and Parabo. I am VERY INTERESTED in these results because these prospects are 500m away from Doup. 2.) Resource update currently being done by Gwalia. Unfortunately, PAW has NO control over the dissemination of info from their properties. Gwalia is the operator and works like any typical Australian company. I have been told that PAW will start to have more control and will be setting up an office in Indonesia. Good luck and sorry for the long post, David

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