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Gold/Mining/Energy : Winspear Resources
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To: Tom Esau who wrote (37)1/9/1997 10:07:00 PM
From: George J. Tromp   of 26850
 
To ALL: Here is an update concerning Winspear per conversation with
Investor Relations. In regards to questions about the upcoming drill program here is a summary of the conversation:
1. News regarding the drill program will be
diseminated on an ongoing basis as news come in from the field.
2.They are expecting to be in the field by next Wednesday with a crew going up to finish camp construction.
3. The following week Geophysicsts will be starting
their ground and airborne survey.
5. The following week the drill program should begin.
6. They plan on announcing the discoverys as they occur.
7. The objective being to have as much kimberlite going to the lab as possible for analysis while the program is underway,
8.These results then will determine which kimberlites
will be targeted for larger drilling BEFORE the end of the winterspring program.
9. The amalgamation has received court approval, and the new company should be trading very soon.

A point I deduced from the conversation is this, but not stated by them is this. I have the feeling should an early discovery being made we will likely see large diameter core drilling which infers a possible min-bulk sampling program yet this winter. These are strictly
my views only.

Sincerely
George
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