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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: 1king who wrote (6179)	7/21/1998 12:43:00 PM
From: mineman	Read Replies (1) of 11676

Labrador Total Exploration 1995 to '98: 1995 = $60.8 mil 1996 = $81.4 mil 1997 = $61.4 mil 1998 = $36.0 mil. (forecast) Total = $239.6 mil (say $ 240 mil) Less $80 mil (Diamondfields/Inco Exploration) Subtotal = $160 mil direct exploration by companies (without Diamondfields/Inco). However total money raised by companies = about 35% higher than direct exploration expenses. So about $215 mil. was raised by all companies for labrador exploration from 1995 to '98 (without Diamondfields/Inco). (Figures from-Labrador Government Mining Office)

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