Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : X-CAL RESOURCES (TSE:XCL) -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (94)	10/3/2000 5:37:33 PM
From: John Sladek	Respond to of 225

October 3, 2000 Placer and X Cal Constructing 3D Computer Model of Sleeper Presentation Scheduled for X Cal AGM X-Cal Resources Ltd. and Placer Dome are constructing a 3D computer model of the Sleeper mine site. A time limited Exclusivity Agreement between Placer Dome and X-Cal gives Placer a form of head start over other potential partners that may wish to join with X-Cal to develop the project. (See press release dated Sept. 11/2000.) The completed model should result in graphic data based images of the structural geology and gold distribution in the Sleeper mine site area that can be viewed from all angles. The team that is working on the project is looking for structural features such as lateral movement and periodicity of gold distribution that can be used to guide future drilling. The work is also encompassing property wide data to show other targets for new gold deposits throughout the 20,000 acre property. X-Cal Resources Ltd. is presently completing the private placement of 5 million units of common stock at $0.30 per unit, consisting of one common share and one purchase warrant. Each two warrants will entitle the subscriber to purchase an additional common share for $0.35 for up to two years. The net proceeds to the company of CAD$1,500,000 will be used to advance the Sleeper Gold Project. US$500,000 will be applied to Sleeper reclamation under a revised reclamation payment schedule currently being drafted by X-Cal Resources Ltd. and Kinross Gold Corporation. Highlights of the current X-Cal/Placer work will be presented at the annual meeting of shareholders of X-Cal Resources Ltd. in Toronto, Ontario, on November 2000. Note: X-Cal Resources Ltd. can be referenced through the Standard & Poors Directory. TEL: (604) 662-8245 Shawn Kennedy, President,FAX: (604) 688-7740 X-Cal Resources Ltd.E-Mail: invrel@x-cal.comWebsite: www.x-cal.com

To: marcos who wrote (94)	10/12/2000 7:17:26 PM
From: John Sladek	Read Replies (1) \| Respond to of 225

October 12, 2000 X Cal/Placer Sleeper Work & Exclusivity Extended The delivery date for the Sleeper Gold Project data discs to both X-Cal Resources Ltd. and Placer Dome has been rescheduled to October 16 from October 10 to facilitate completion of the current work. The time limited exclusivity granted to Placer by X-Cal will be altered by the corresponding number of days to October 26. The exclusivity can be extended by Placer to November 15, 2000 by making payments to X-Cal totaling US$100,000. The exclusivity gives Placer a form of head start over other mining companies who may wish to participate in the Sleeper Gold Project with X-Cal. (See news release dated Sept. 11/2000) The 30 square mile gold property is located in Humboldt County, Nevada. The work being completed is expected to result in the first 3D model of the geology and structure of the Sleeper mine site area and also bring the property wide data into a presentation format. X-Cal has uninhibited ability to utilize the product of the work both during and after the period of exclusivity. Note: X-Cal Resources Ltd. can be referenced through the Standard & Poors Directory.