CORUM ALERT.!! Look For Double or Triple.!! V.CMZ Message Board

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Gold/Mining/Energy : CORUM ALERT.!! Look For Double or Triple.!! V.CMZ

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To: Clark Kent who wrote (81)	1/28/1997 4:07:00 PM
From: Essam Hamza	of 114

Interesting. Definetely trending higher (actually looks like an accumulation trend the past couple months). Here is last Thursdays news release if anyone is interested. Good Luck, Essam. Mazenod Lake survey results; field program to begin in spring Corum Resource Corp CMZ Shares issued 9593402 1997-01-22 close $0.33 Thursday Jan 23 1997 News Release Mr Frank Johnson reports The company has received the final results from the airborne geophysical completed late this summer over its wholly owned land package in the Mazenod Lake area, NWT. Geological mapping and sampling was completed last summer on the OD 1-2 claims east of the main area of activity and cover the Wopmay fault zone, a major structural discontinuity. The mapping indicated breccia associated with outcrops of granite, granodiorite and oxide facies exhalative sediments. The breccias contain anomalous copper mineralization ranging from 0.16% up to 2.01% Cu. The recent airborne magnetic survey indicates the breccia is in part coincident with a 5km northwest-trending magnetic high which greatly enhances the size potential of the favourable area, much of which is water covered. The radiometrics indicate a flanking to coincident potassium anomaly (150 by 600 metres in size) associated with the magnetic trend. These anomalous indications are consistent with an Olympic Dam mineralization model similar to that used to describe other deposits in the area such as the Nico discovery and Sue-Dianne deposit of Fortune Minerals. On the Den 9 claim, the airborne survey has indicated isolated magnetic highs associated with potassium anomalies which government maps indicate are underlain by proterozoic volcanics and sediments which are also considered favourable for hosting Olympic Dam style deposits. Fortune Mineral and GMD Resource Corp recently announced the beginning of a drill program on its JBG claims which the Geological Survey of Canada indicates are underlain by similar rock types. The JBG claims are 5km north of the Den 9 claim and adjoin the company's 14,000 acre Den 1-8 block. Results over the Den 10-11 claims, immediately south of the former Rayrock uranium mine, indicate strong radioactive trend corresponding in part to the Marian River fault zone and the known uranium mineralization. A portion of this trend with high potassium and uranium counts and a coincident magnetic high is considered a favourable geological target and will require ground checks as soon as the snow cover has dissipated. The company is planning a field program to begin in early spring. The work will consist of detailed mapping and sampling and ground geophysical surveys over the airborne anomalies to delineate areas for trenching and drilling if warranted.

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