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Gold/Mining/Energy : GMD RESOURCE
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To: VAUGHN who wrote (829)1/12/1999 11:12:00 AM
From: Dave R. Webb  Read Replies (2) of 1030
 
Vaughn

In response to you last two posts to me.

<<Can you now update us on just exactly when that "diamond drill stage" will be?>>

Diamond drilling will commence when the till sampling results have been received in their entirety, and ground geophysics has defined the target to be drilled within a few metres. To drill prior to this increases the technical risk unnecessarily.

<<SUF is starting in Feb with sonic drilling to avoid being cut short as they were with a repeat of last year's early spring, will you be doing the same?>>

No plans at present for sonic drilling.

<<Do you have any updated maps or technical data you can now share with share holders?>>

No, not at this time. However partial till sampling results will be released once they have been reviewed by the company's technical consultants. With regard to maps...the exact location of the targets has been withheld for corporate advantages. Once we are comfortable that we have checked all indicator trains, and explained all anomalies the specific locations can be released.

News releases are distributed according to VSE policy. Generally house-cleaning types of releases are disseminated this way, but if for example several multicarat diamonds were to be observed in some drillcore from the property, this news would likely be released using some of the more broader-read dissemination services.

Dave
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