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Gold/Mining/Energy : Montello Resources

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To: Famularo who wrote (2482)	10/2/1998 12:28:00 PM
From: JP	Read Replies (2) of 4256

Latest from Thomas Friday AM -Kennecott is drilling a second straight down hole in the first target. They want to confirm the shape of the kim. (They also want to confirm the expanse of what they see in the core :)) -Kennecott will probably start on the second target right after this hole. -Kennecott has committed to keep on drilling for the next 15 targets after these three. -Brokers are showing a real interest now as are the news letters. -First hole went to 225 meters and was still in kimberlite when it reached the limit of the drill. -A lot of interest from majors to JV on Jazz now. -New pictures on Montello web site later today. JP

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