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Gold/Mining/Energy : ISLAND-ARC RESOURCES IAR-VSE

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To: Goalie who wrote (120)	1/11/1999 3:01:00 AM
From: Andrew	Read Replies (1) of 186

Hello Goalie and Vaughn. Sounds to me like the ice road should be open by the end of January and I anticipate that the SUF team should be up there in early February. IAR may be good for a double by then from the current price and its already moved nicely. Very interesting how they are planing to follow the indicator mineral train back into the lake and then punch some deep holes in the area around where the train ends. I'm no geologist but If this doesn't work to find the pipe(s) then I don't know what will. I can remember Chris Jennings being very enthusiastic about finding the pipes, I think he mentioned four possible at the AGM. I'd be happy with one! I have one question. As far as I know The Back Lake claims are the ones where SUF is working this winter and these are SUF 70% KLA 19.38% and IAR 11.62% if I'm correct. Then there is the Mackay Lake claims and these are 70% SUF and 30% KLA. Is SUF planing on doing work on the Mackay Lake claims as well or are they concentrating on the Back Lake area and am I correct that IAR has no percentage of this area? Cheers, Andy

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