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Gold/Mining/Energy : Major General--MGJ
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To: Jimsy who wrote (401)4/27/1998 6:48:00 PM
From: Abbeydale  Read Replies (1) of 1707
 
Da Major thread been quiet lately while it gots its tookus kicked a
bit today. Youze more familiar with da play might me able to apply
some lightbulbs on dis NR?? Almost jumped da ship today, but not yet
methinks.

A

Encouraging results from Despinassy drilling

Major General Resources Ltd MGJ
Shares issued 33,186,119 Apr 24 close $0.49
Mon 27 Apr 98 News Release
Mr Glenn Shevchenko reports
Encouraging results have been reported from the first seven drill holes
(1,389m) completed by Cameco Gold on Major General's Despinassy property.
Numerous quartz veins with gold values exceeding 1 g/t were encountered in
holes 98-4, 98-5 and 98-7. The best intervals included 2.2 g/t Au over
2.6m, 4.9 g/t Au over 1.2m, and 9.9 g/t Au over 0.3m. The gold-quartz veins
are contained within two wide, parallel deformation zones and are
associated with two distinct felsic porphyries. The deformation zones have
been traced along strike for over 1.8km by drilling and appear open ended.
Located 70km north of Val d'Or, the property covers an extensive
deformation zone in volcanic rocks of the Abitibi Greenstone belt. Drill
holes were targeted to test the known gold bearing structure as well as new
IP anomalies outlined by a geophysical survey completed early this year.
Cameco intends to complete further geophysical surveys later this year in
preparation for future drilling.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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