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Gold/Mining/Energy : Northern Abitibi Mining (NAI-ASE)

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To: VAUGHN who wrote (439)5/11/1998 6:52:00 PM
From: Flea  Read Replies (2) of 773
 
Northern Abitibi Mining Corp -

Drilling starts at South Voisey Bay project

Northern Abitibi Mining Corp
NAI
Shares issued 22799405
1998-05-11 close $1.68
Monday May 11 1998
Also Donner Minerals Ltd (DML)
Mr. Lesley Hayes of Northern Abitibi reports
Drilling has started on the South Voisey Bay project. Donner, as the South Voisey Bay project
operator,is conducting a $14.8-million, two phase exploration program. Phase 1 will consist of gravity
and other geophysical surveys along with 22,500 metres of diamond drilling for $9.2-million. Phase 2,
contingent on phase 1 results, will consist of an additional 22,500 metres of diamond drilling for
$5.6-million.
Three drill rigs are operating under the field supervision of Teck Exploration, which is acting as general
contractor during the 1998 season. Two drill rigs are following up 1997 massive sulphide intersections
in the North Gabbro on Donner/Northern Abitibi ground and one drill rig is operating in the South
Gabbro. Drill results will be reported throughout the program.
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