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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: The Osprey who wrote (606)	5/8/1998 11:37:00 AM
From: Jesse	Read Replies (2) of 2514

Hi Folks! --Company Update-- Marum received the first new airmag data from Spectra yesterday. It is the levelled but unprocessed flight line information. Maps are expected to be available late next week. By Thursday Marum/ should have the digital grids on their computers (just in time for a mid-May campaign ;). The delay has been frustrating, but it was necessary to re-fly about 25% of the survey area. Spectra's quality control specs are ultra high -- they insist on the best standards. SRC is re-washing the core fragments since the first run failed to kill all the clays -- another 4 to 5 day delay. First results are now expected next week. President Boulay has activated the Marum/Micrex field crew, effective today. They will spend the next week commissioning their mobile gravity concentrator, prior to moving it into the Chinchaga in about 10 days. On the Mildred Peak project (Arizona), more waiting -- this time for final geochem results before drilling. Best to all, -j :>

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