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Gold/Mining/Energy : Montello Resources

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To: Alfonso Agostino who wrote (2829)11/12/1998 3:00:00 PM
From: JP   of 4256
 
The problem with reading the news on SI forums is that it never fully seems to get posted. This is the last paragragh from the release.Note the first line. JP

Table 1 also shows the remaining targets to be drilled in 1998 (Legend and Xena). The onset of winter conditions, and the reduced daylight hours have added up to a decision to drill fewer targets in 1998. Drilling will recommence in early 1999 with ground support instead of helicopter support. This will be less expensive and safer. The Wyvern target was the only miss so far in the current drilling program. This anomaly is probably explained by magnetite in the overburden.
Other exploration activities have been ongoing. Highsense was contracted to complete 745 line km of airborne magnetics over 14 anomalies. In total 63.9 line km of ground magnetics were completed.”
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