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Gold/Mining/Energy : International Precious Metals (IPMCF)

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To: Tom Harper who wrote (1144)1/2/1997 9:49:00 PM
From: Daniel M. Whipple   of 35569
 
Tom:

2&6) Press release June 26,1996: 5 deep holes (670'-820') drilled.
Three of these holes are in the first grid. The other two holes are
in the adjacent grid to the west. In the hard rock as of this date two holes were drilled (613' & 259'). The drilling on the hard rock contined to the end of July.Does anyone know the number of hard rock holes that were dug. On this PR the description of the soil at the end of the hole are listed. Is any of this significant?

9) The assays of the platinum are not the main concern at this time. I think the company needs to reserve the gold and complete the recovery method for the plant in order to meet the deadline of the joint venture contract.

Regards,
Daniel
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