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Gold/Mining/Energy : Major General--MGJ

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To: Steve Joy who wrote (1210)4/15/1999 8:10:00 PM
From: Brian Fowler  Read Replies (1) of 1707
 
Hi Steve!

Just got back from the Annual Northwestern Ontario Mining Symposium in Thunder Bay. It was a great show - good turnout. The big news was MGJ's new Base Metal Discovery in Hemlo.

They had a great Booth - lots of coloured maps and data. Graham Gill was in from Vancouver and put on a great talk (each speaker had about 20 minutes). The long and short of it is this:

There is a two phase work program planned this year - Phase 1 is $300,000 and already financed and allotted towards more mapping on a tighter grid, pulse EM surveys and 10-14 days of trenching the last two weeks in July.

Everyone at the Company is excited about the new showing and the crowd was pretty interested too. I expect they will have people on the ground starting the program within the next 3-4 weeks.

Keep your fingers crossed! I am.

Brian
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