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Gold/Mining/Energy : SUDBURY AREA AND THE PGM PLAY -- Ignore unavailable to you. Want to Upgrade?

To: Just G who wrote (194)	3/30/2000 1:02:00 PM
From: Just G	Read Replies (1) \| Respond to of 349

To: Elect who wrote (2890) From: Just G Thursday, Mar 30, 2000 1:01 PM ET Reply # of 2891 Excellent Release and Murdo was smart to release this. He did the right release at the right time. I am routing for you all too. G Flag Resources holdings location clarification Flag Resources (1985) Ltd FGR.A Shares issued 14,067,287 Mar 29 close $0.40 Thu 30 Mar 2000 News Release Mr. M.C. McLeod reports Flag Resources' 70,000 acre holdings in the western sector of the Wanapitei Anomaly, the adjoining regional magnetic and gravity anomaly, to the Sudbury Anomaly, are located between the producing mines of the Sudbury Anomaly and the holdings of Pacific Northwest Capital Corp. The mines of the Sudbury Anomaly are located to the west of Flag's boundary and Pacific Northwest's holdings to the southeast and east of Flag's boundary. Excepting for 4,000 acres joint ventured to associated Golden Briar Mines Limited in Rathbun township, Flag owns a 100-per-cent interest in its 70,000 acre holdings. Flag notes that Pacific Northwest has announced encouraging drill results, including 6.78 grams of P.G.M. metals over a width of 3.6 meters. A surface lens of massive sulfides, the Rathbun Lake Occurrence at Rathbun Lake, which is located on part of the holdings which Flag has given Golden Briar the right to earn a 50-per-cent interest, contained some of the highest known amounts of platinum and palladium in that type of rock (gabbro). Best assay values from 22 grab samples, taken by Inco Corp. in June, 1999, were 22.89 per cent copper, 2.18 per cent nickel, .517 ounces platinum, 1.89 ounces of palladium and 0.86 ounces gold per ton (XRAL Laboratories, Don Mills, Ontario). In their continuing exploration program, Flag and Golden are commencing an exploratory drill hole, 600 feet northeast of the Rathbun Lake occurrence, in a previously unexplored area. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com