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Gold/Mining/Energy : TRANSPACIFIC (CDN: TRNP)

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To: Dennis (Hijacked) who wrote (2)2/17/1997 10:18:00 PM
From: Steve   of 24
 
The 2,500 acre property Tranpacific is currently drilling on is located in the Kirkland Lake Gold Camp, 25 miles east of Kirkland Lake, 3 miles from the Quebec border. Bandore is about 100 miles from there.
The following info is taken from a 1995 Annual Report:
- 22 of 23 holes drilled intersected gold mineralization.
- a reserve of 22,000 ounces of gold at this preliminary stage of shallow drilling ( within 300 feet of surface)
- a 48 foot drill intersection of 2% copper
- the discovery of diamonds and diamond indicator minerals.....
The next drilling phase will include holes 1,500 feet below surface. (this phase is now being conducted).
I will try to get up-to-date info, but for now this is the best I could come up with.
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