Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V) Message Board

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Gold/Mining/Energy : Southern Metals - SUH.V (formerly Aranlee Res. - ARB.V)

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To: John Fairchild who wrote (108)	1/30/1997 7:05:00 AM
From: Jim Kasten	of 254

To John and Essam - Company update: Drilling has now been completed on the Chinchillas, Centenario and El Oculto properties. A total of 19 holes were drilled totaling about 2,300 meters. Steve Kay and Barry Rayment have been in London for the past week and will return to the office for a short time next week prior to heading to South America to review exploration activities. If time permits to thoroughly review the Chinchillas results and geology, we may have a news release, but if time is tight, full assay results may be held until all results from the three properties are in. Aranlee currently has four full-time senior geologists and three senior consulting geologists working within this new mineral belt in northern Argentina. All persons have extensive experience working for major mining companies in the past and have a great track record of being able to evaluate gold/copper porphyry systems. Over the next few months we should see the results of some very good exploration. Thank you all for your support and your interest in Aranlee. Jim Kasten

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