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Gold/Mining/Energy : Darnley Bay Resources - DBL. VSE
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To: Condor who wrote (145)4/1/1999 9:28:00 AM
From: Willithit  Read Replies (1) of 221
 
Spoke to management and gathered the following:

* Three electromagnetic conductors are very encouraging.

* The coverage of the other four zones by gravity and EM surveys will result in a larger number of targets for drilling.

* Interested funding parties requested that at least $5 million be in place for a year round drilling program.

* Falconbridge,to continue in project has to match the $5 million which could result in a $10 million drilling program.

Sounds pretty good.

Will

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