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Gold/Mining/Energy : Rondal Gold Corp -RGD (formerly Prior Resources - PQL)
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To: jean paul sauvT who wrote ()9/3/1998 3:23:00 PM
From: Ronald Tammekand  Read Replies (1) of 331
 
Rondal Gold Corp. is no longer involved with Diamonds in the Ukranine, because the legal aspects of ownership in the country generally have still not been resolved.

Rondal Gold Corp. does own a gold mine in Sinaloa, Mexico just outside of Mazatlan. It is a high grade vein running 3oz/t but as been put on hold until the gold price returns to above US$300 levels.

Rondal Gold Corp. is now pricipally involved in looking for massive sulfide Cu, Pb, Zn with Ag and Au (of course) deposits in Zacatecas, Mexico. We have a large ground position beside the Teck/Western Copper discovery of 100 million tons of massive sulfides at depths of 200m.
The retired exploration manager for Teck has joined the board of directors of Rondal and we are ready to make another move (for the people who remember Antler-Winspear).

Rondal Gold Corp. has undertaken detailed geophysical surveys in the San Jose, Zacatecas project (10km NW from San Nicolas)of which Rondal owns 49% and has a first right of refusal on the rest, currently owned by Desarollo Monarca.

Rondal has found a major geophysical anomaly, described as the best seen for 20yrs by Dennis Morrison the CEO of Quantec Geophysics. We have an anomaly 2.2km long and 450m wide that looks like the Craigmont skarn mine and experts think that it definitely indicates economic sulphides.

Quantec has recommended drilling 20 of the 35 targetable points and we have signed a drill contract with Sierra Madre Drilling for 5000ft initially, which will start in the next few weeks.

best, Ron
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