To: Robert J Mullenbach who wrote (9 ) 6/21/1999 5:30:00 PM From: Robert J Mullenbach Read Replies (1) | Respond to of 462
This is why I am here, 100% owned by Standard. Damoti. OCTOBER 28, 1996 High Grade Mineralization Confirmed at Quest's Damoti Lake Project RENO, NEVADA--Quest International Resources has completed the underground drilling segment of its summer program at Damoti Lake, north of Yellowknife in the Northwest Territories, Canada. Twenty- three out of thirty-five underground drill holes encountered mineralization in excess of 0.1 ounces of gold per ton. The most notable drill hole, UGD96-31, encountered 28 feet of 4.201 ounces of gold per ton. This interval, which far exceeds a previous award winning intercept, included assays of 7.85, 12.10 and 27.22 ounces of gold per ton. In some drill holes, the thicknesses as indicated in the following table represent the additional extent of mineralization thickness beyond the walls of a 10 ft. x 10 ft. drift which has already passed through the mineralized zone. Based on these significant assay results Quest is confident that the property, as explored to date, contains greater than the 600,000 ounces of gold originally projected. Final results will be published in a comprehensive report as soon as further geologic evaluations and calculations are complete. Ongoing exploration plans for Damoti Lake include a winter program which is scheduled for early 1997. /T/ Hole Interval(ft.) Thickness(ft.) Gold (oz/ton) UGD96-1 3-17 14 1.672 UGD96-2 12-25 13 0.126 UGD96-3 12-26 14 0.609 UGD96-6 38-40 2 0.132 UGD96-8 37-48 11 0.192 UGD96-9 10-15 5 0.409 41-55 14 0.680 UGD96-10 10-15 5 2.764 UGD96-11 16-18 2 0.288 UGD96-12 24-29 5 0.661 UGD96-13 0-9 9 1.689 UGD96-15 32-42 10 0.235 UGD96-16 32-34 2 0.134 UGD96-19