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Gold/Mining/Energy : Cross Lake Minerals CRN
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To: dave brown who wrote (2998)7/16/1998 5:37:00 PM
From: Flea  Read Replies (3) of 3650
 
Well, Dave...I've read it over about 5 times...my initial reaction was the numbers were too low...after a while, some of the wording started to sink in such as This zone is twice the thickness as any previously encountered in the drilling to date. and The importance of this hole is not only the presence of rhyolite and rhyolite breccias which host the widening mineralized zone but also the presence of copper mineralization which is increasing near the base of the sulphide intersection signifying a phase change from predominantly zinc to copper. and almost all of this paragraph, Holes CLS 98-57, 58 and 60 were step-out geological holes 1.0 to 2.0 kilometres southwest of hole CLS 97-16 in the Cross Lake zone. Of significance was the intersection of black chlorite and chalcopyrite in hole CLS 98-58 which correlates with the results of follow-up pulse EM and mise-a-la-masse surveys. These surveys identify a strong conductor (possible copper) passing below the hole and plunging to the west. Copper mineralization has now been traced for 200 metres along strike in the area of these holes, confirming that a series of vents occur along the 5km Cross Lake IP trend. Hole CLS 98-61, collared 400 metres southwest of CLS 98-58, intersected a granite dyke and was terminated.

I admit that I lack full understanding of certain terminology used but can't ignore the optimism contained in this news release...so if you, or anyone else, can elaborate on the importance and significance of these latest findings, I'm all ears.

Regards
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