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Gold/Mining/Energy : Cusac Gold Mines (CUSIF) -- Ignore unavailable to you. Want to Upgrade?

To: Robert J Mullenbach who wrote (215)	9/29/1999 9:53:00 AM
From: Chuca Marsh	Read Replies (1) \| Respond to of 379

Bob...have you been looking at what happened with sister company DVD ( old DOT ) at a half buck from a dime? RE: Cusac Gold Mines Ltd - Cusac Gold releases Taurus and Table Mountain results Cusac Gold Mines Ltd CQC Shares issued 22,841,531 1999-09-28 close $0.135 Tuesday Sep 28 1999 Mr. William Bird reports The results of the 1999 exploration on the company's 272-square-kilometre property in northern British Columbia are as follows: Exploration at Cusac's Taurus project surface gold deposit was carried out east of the 88 Hill zone, which contains a drill-indicated resource of over 12.3 million grams of gold, in an attempt to define high-grade structures that could increase the overall gold potential of the project. Surface trenches uncovered two structures, which extended for 50 metres and contained quartz veins and veinlets. Seventy-six samples were collected across the structures and assayed at Acme Analytical Laboratories Ltd. in Vancouver, B.C. Sixty-eight samples ranged in value from 0.01 to 7.09 grams of gold per tonne. Eight of the samples returned much higher grades of from 10.72 to 71.12 grams of gold per tonne. If the high-grade values are cut to a level equal to that of the upper end of the general sample population range (7.09 grams of gold per tonne), the overall average of sample values is 2.48 grams of gold per tonne. This is more than twice the 1.08-gram-per-tonne average of the 88 Hill zone resource and three times the 0.80-gram-per-tonne average of the 50-million-gram gold mineral inventory of the entire Taurus project. The summer's work at the Taurus project also included the deconstruction of the old Taurus mill and the cleanup of the mill site. As part of the agreement for Cusac's acquisition of up to a 70-per-cent interest in those Taurus project claims owned by International Taurus Resources Inc., Cusac made a commitment to manage the mill deconstruction and cleanup. With the completion of this commitment, Cusac will be deemed to have contributed $50,000 toward the first $300,000 of exploration work required to maintain its position in the Taurus project joint venture. At Table Mountain, shipments produced from the exploration and surface mining of the recently discovered East Bear vein have totalled approximately 21,700 grams of gold. The discovery and mining of the East Bear marks the first time that gold, similar in style to that of the traditional high-grade veins of the Table Mountain mines, has been produced from a vein east of the main Erickson Creek fault zone. The discovery significantly increases the potential for finding new high-grade veins on the property. The East Bear ore was processed at Cusac's Table Mountain mill and the concentrates were shipped to Engelhard Canada Ltd. and Cominco Ltd. Work continues on the rest of the property to maintain mining and milling capabilities for future production. Cusac Gold Mines Ltd. is also evaluating additional projects to expand its portfolio of mining and exploration properties. The management believes that a wider range of projects will add shareholder value and increase the company's ability to finance its activities. canada-stockwatch.com ChuckaNEW NEWS Cusac ( Engelhard & Cominco - better than Sludge to some guy who never reports at the USA one< a different company than this one or Group> we like, LOL)