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Gold/Mining/Energy : ECHARTERS

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To: John BOYCE who wrote (2877)	8/27/1998 2:47:00 AM
From: E. Charters	Read Replies (1) of 3744

ME is going to drill one hole in Godfrey soon to deepen the hole they started two years ago and try to hit a down hole conductor. I was going to drill 3 holes with them on one property this fall but ran out of investor interest. We have some money left but not enough. I need about 35 K to do a MMI survey for zinc and do some good geophysics. The copper stringer zone is 3 miles long. It may not get done this year as I want to do the geochem first and we are running out of time to raise the money and do the work too. ME will get a JV partner for one of their properties soon. Probably Dome for Michaud. They may lose Pentland Firth on the Porcupine Prime. (a good zone of history but not drilled since the 30's) PF has lost momentum of late. Their parent Kinross has the money but they are not spending it on ore apparent. EC<:-}

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