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Gold/Mining/Energy : Raymor Resources (Alberta Stock Exchange:RAR)

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To: JC who wrote (2)4/11/1998 10:10:00 AM
From: Eagle  Read Replies (1) of 16
 
Yes, there is mention of four other properties that Raymor has purchased in his report. I'm expecting a complete investors package in a few days but here's what's stated in the April report. I'm working with a literal translation from French so there might be some translation confusion but it's all I have at the moment.

Lac Arthur property, Abitibi region,QC, Canada: Gold-bearing.
With 45,000 feet of drilling, two gold-bearing lentils have been identified. One measures 200 x 1.5 meters with an average grade of 4.17g/t (0.12oz/t) gold whose depth has been estimated to be greater than 150 meters.

North-West Territories property, Canada: Polymetallic project.
This is a southeast extension of Fortune Minerals' important discovery on its Nico property; an area rich in gold, cobalt, bismuth, copper and tungsten oxide.

Comifa property, Mali: Gold-bearing project.
This is close to the Oliver Gold segala deposit (1.0 million oz at 2.8g/t (0.082oz/t) of gold) and the Nevsun Tabakoto deposit (1.57 million oz at 5.17/t (0.152oz/t) of gold. There are two gold-bearing structures with up to 34.56g/t (1.0oz/t) of gold in trenches and a quartz vein of 11.6g/t (0.34oz/t) of gold.
A drilling program is underway for the first 50 meters on chosen targets located on the two identified structures.

Bodogo property, Mali: Gold-bearing project.
This is an anomalous geochemical area with a grade of more than 3g/t of gold near the large gold-bearing placers (Tomono, Tagoula, Salame) where more than 100 kg of gold have been extracted.

I hope this helps.
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