SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : X-CAL RESOURCES (TSE:XCL)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Mr Metals who wrote (39)11/10/1998 4:42:00 PM
From: John Sladek  Read Replies (1) of 225
 
November 10, 1998 - Outline of Sleeper Gold Project Presentation to be Made at AGM

Abstract: The probability of new deposits of greater than 5 million ounces of gold is excellent within the lands controlled by X-Cal Resources Ltd. in the Sleeper Gold District (Battle Mountain Trend, Nevada). The potential for these deposits is evident in the project data.

History: Approximately $ 10 million has been invested to assemble the land package and document the presence of a major gold system.

Present Resource Estimates: The Sleeper Gold system is considerably larger than previous descriptions. The total of independent calculations for present resource and past production exceeds 5 million ounces.

Exploration Review: Target areas and data that accompanies some of the targets will be presented.

Summary and Conclusions: The Sleeper Gold system is larger than previously thought. This type of Nevada gold system would not normally produce just one deposit as demonstrated on both the Carlin and Battle Mountain Trends. The data shows potential for 4 or 5 new major gold deposits in addition to the existing resource.

* The presentation by Winthrop A. Rowe, MSc., V.P. X-Cal Resources will take place at the Annual General Meeting of the shareholders to be held at the Ontario Club in Toronto on November 17, 1998 at 3 p.m. EST.

TEL: (604) 662-8245 Shawn Kennedy, President FAX: (604) 688-7740
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext