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Gold/Mining/Energy : Zappa Resources

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To: dean poets who wrote ()	12/9/1996 3:24:00 PM
From: dean poets	of 174

La Plata drill results: Cambior has completed its first ten hole drill program in Ecuador. Although Eight holes drilled over a strike of 4 km's were found to contain no economically viable metal values. Two holes were found to contain 10 meter sections of massive sulphides,the first hole averaging 4.2 grams gold, 68 grams/ton silver, 1.0%copper 5.1%zinc. Results of the second are pending any day. The second drill program is slated for January 97. Zappa has tentatively, has signed a deal with Cambior, having Cambior purchase 2.3 Million shares from Zappa for $1.5 Million. Included in this deal would be Cambior's option to bring any of Zappa's properties too feasibility stage by spending several million on each property, to earn a 60% interest. In Conclusion: A few years ago Cambior aquired a company by the name of Audrey Resources, which I strongly believe they aquired for a cheap $price$. I hope the same thing doesn"t happen to Zappa!!! Fellow Investor DEAN POETS

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