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Gold/Mining/Energy : Donner Minerals (DML.V)

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To: Terence Mitchell who wrote (9414)11/18/1998 8:49:00 PM
From: Richard Cushnie  Read Replies (4) of 11676
 
South Voisey Bay selected assay results

Donner Minerals Ltd DML
Shares issued 31,689,657 Nov 18 close $0.31
Wed 18 Nov 98 News Release
Also Cypress Minerals Corp (CYP)
Also Major General Resources Ltd (MGJ)
Also Northern Abitibi Mining Corp (NAI)
Mr. Harvey Keats reports
SOUTH VOISEY BAY PROJECT
Since commencement of drilling in May, approximately 14,000m of drilling
have been completed in 37 new holes and five deepened holes, with 10 holes
drilled since the progress report in Stockwatch Sept. 24, 1998.
The table below lists selected assay results in 1997 and 1998 drilling
programss and illustrates the variability in the nickel and copper grades
and tenor (nickel and copper recalculated to 100 per cent sulphide). Four
drill holes (97-67, 97-75, 97-97 and 98-131) have nickel tenors greater 2
per cent, several holes have nickel tenors between 1 per cent and per cent
and several holes have nickel tenors less than 1 per cent. With the
exception of the high grade massive sulphides in the footwall gneisses in
97-75 and 98-131, all of the intersections are contained within widespread
blanket mineralization at the base of the gabbro. This flat lying blanket
mineralization is highly conductive and is detected by in-loop pulse EM.
In hole 98-131, on the Northern Abitibi/Donner joint venture high-grade
semi-massive sulphides were encountered at the base of the gabbro (4.5 per
cent Ni, 2.6 per cent Cu, 0.28 per cent Co over 0.2m) and massive sulphides
in the footwall gneiss (3.4 per cent Ni, 0.5 per cent Cu, 0.46 per cent Co
over 0.3m). These results and the variability in nickel grade and tenor
encourages management to continue to explore for thicker high grade
mineralization throughout the South Voisey Bay project. Management believes
results to date demonstrate that the project has the potential to host a
high grade nickel-copper sulphide deposit comparable to Voisey's Bay.
The continuing PEM geophysical survey is nearing completion. The original
region gravity survey coverage is now complete. Additional traverses of
regional gravity are being carried out on the east portion of the South
Voisey's Bay project to extend coverage to the suture zone.
Work in the suture area, including limited drilling, has encouraged Donner
to plan a systematic exploration program for this region in 1999, in
addition to continued exploration in the North Gabbro and South Gabbro and
extensions beneath the overlying gneisses.
It is expected that drilling will continue with one drill rig on the South
Voisey Bay project until mid-December, with additional holes to be drilled
on the Donner/Northern Abitibi, Donner/Major General and Donner/Cypress
joint ventures. Donner will also be drilling, as contractor, on ground held
by the Labrador Nickel Syndicate. Upcoming drilling will continue to test
PEM anomalies and extensions to known favourable geology.

FROM-TO WIDTH Ni% Cu% Co% Su%
(m) (m)

NAI/DML Joint Venture

Hole 97-67

176.2-176.5 0.30 1.72 1.59 0.22 32.7
178.9-179.5 0.60 1.97 1.03 0.25 33.8
180.3-180.4 0.10 1.39 0.77 0.17 28.1

Hole 97-75

176.8-177.9 1.10 11.60 10.20 0.41 26.7

Hole 97-76

163.2-163.4 0.20 0.48 0.16 0.12 30.4

CYP/DML Joint Venture

Hole 97-79

729.0-740.5 11.50 0.38 0.28 0.06 11.3

NAI/DML Joint Venture

Hole 97-87

122.1-122.5 0.40 0.46 0.26 0.11 21.6

Hole 97-88

150.9-151.4 0.50 0.39 0.40 0.09 24.9
153.6-154.1 0.50 0.35 0.32 0.08 19.3

Hole 97-93

192.2-192.4 0.20 0.47 0.20 0.10 22.5

Hole 97-95

108.0-108.6 0.60 0.50 0.32 0.18 28.1

Hole No. 97-96

184.3-200.0 15.70 1.13 0.78 0.20 32.7

Hole No. 97-97

158.9-161.0 2.20 0.71 0.65 0.08 12.8

Hole No. 98-98

164.9-166.1 1.20 0.77 0.40 0.12 21.3

Hole No. 98-101

170.1-171.0 0.90 0.75 0.78 0.14 21.3

Hole No. 98-102

179.8-181.1 1.30 0.75 0.49 0.17 33.3
182.3-183.2 0.90 0.66 0.45 0.15 28.0

Hole No. 98-103

167.0-168.2 1.20 0.62 0.42 0.13 19.3

Hole No. 98-104

160.8-162.0 1.20 0.53 0.75 0.07 11.6

MGJ/DML Joint Venture

Hole No. 98-107

258.3-258.5 0.20 0.90 0.90 0.16 26.2

Hole No. 98-109

357.1-357.8 0.70 0.33 0.60 0.05 8.7

CYP/DML Joint Venture

Hole No. 98-110

316.0-316.4 0.40 0.18 0.23 0.08 22.5

NAI/DML Joint Venture

Hole No. 98-113

99.8-100.4 0.60 1.05 0.74 0.22 34.1

Hole No. 98-116

122.3-122.5 0.20 0.97 0.65 0.13 19.6

Hole No. 98-117

83.0- 83.2 0.20 0.62 0.33 0.16 31.5

Hole No. 98-118

170.6-170.7 0.10 0.36 0.36 0.10 22.3

MGJ/DML Joint Venture

Hole No. 98-121

129.7-131.4 1.70 0.43 0.33 0.14 24.8
132.6-133.1 0.50 0.57 0.22 0.17 27.6

NAI/DML Joint Venture

Hole No. 98-130

208.8-209.9 1.10 0.99 0.65 0.13 22.1

Hole No. 98-131

197.2-197.4 0.20 4.49 2.60 0.28 19.1
207.7-208.0 0.30 3.44 0.50 0.46 36.2

NAI/DML Joint Venture

Hole 97-67

Nickel 100% Copper 100%
Sulphides Sulphides

2.02 1.87
2.24 1.17
1.91 1.06

Hole 97-75

15.14 13.31

Hole 97-76

0.61 0.21

CYP/DML Joint Venture

Hole 97-79

1.29 0.97

NAI/DML Joint Venture

Hole 97-87

0.83 0.47

Hole 97-88

0.61 0.63
0.71 0.63

Hole 97-93

0.81 0.35

Hole 97-95

0.69 0.45

Hole No. 97-96

1.34 1.03

Hole No. 97-97

2.15 2.04

Hole No. 98-98

1.40 0.72

Hole No. 98-101

1.36 1.41

Hole No. 98-102

0.88 0.57
0.91 0.63

Hole No. 98-103

1.25 0.84

Hole No. 98-104

1.75 2.47

MGJ/DML Joint Venture

Hole No. 98-107

1.32 1.32

Hole No. 98-109

1.44 2.65

CYP/DML Joint Venture

Hole No. 98-110

0.31 0.40

NAI/DML Joint Venture

Hole No. 98-113

1.19 0.83

Hole No. 98-116

1.91 1.27

Hole No. 98-117

0.76 0.40

Hole No. 98-118

0.62 0.64

MGJ/DML Joint Venture

Hole No. 98-121

0.68 0.51
0.80 0.30

NAI/DML Joint Venture

Hole No. 98-130

1.73 1.14

Hole No. 98-131

8.68 5.03
3.64 0.53

(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

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