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Gold/Mining/Energy : Gran Colombia Resources Inc (TSE.GRM)

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To: Janice Casolino who wrote (94)2/18/1997 11:51:00 PM
From: TrueScouse   of 308
 
Janice:

IMO Gran Colombia has a _lot_ of potential. It is right next door to Conquistador's property at Marmato in Colombia, and in addition it owns about 25 percent of the Conquistador stake in _its_ property at Marmato. It is a complicated situation in terms of land ownership -- you had best get a copy of the Investors Package from the company which includes lots of maps and diagrams explaining the way in which the properties overlap.

To my understanding, Gran Colombia has so far identified an inferred gold resource of about 4 million ounces at Marmato. They are doing further drilling at present to try to increase this figure. In addition they have other promising properties in Colombia.

Hope this helps. Let me know if you need further details.

Regards,
Howy (GRM)
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