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Strategies & Market Trends : Joe Copia's daytrades/investments and thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Joe Copia who wrote (24654)	5/28/2002 8:13:18 PM
From: edde	Respond to of 25711

Junior explorers are currently suffering through a period of low metal prices and equally depressed share prices. We believe this creates an opportunity to sift through the wreckage and purchase shares in juniors with real potential. Vedron Gold Inc. has the ground, the resource, the management and the determination to develop their property into a major gold deposit. Canny investors who are able to afford the speculative risk will appreciate this opportunity in the center of Canada's largest gold mining camp. The Vedron Gold Inc.'s Fuller Deposit has the potential to exceed 1 million ounces of gold. Vedron Gold Inc. ("Vedron") has completed 122,000 ft of diamond drilling on their 100% owned Fuller and Buffalo Ankerite Properties ("Vedron Property") in Tisdale & Deloro Townships, Porcupine Gold Camp, Timmins, Ontario. Drilling focus is on the Fuller Deposit where extensions to the known mineralization have been successfully increased for over 2,500 feet of strike length and to a depth of 2,000 feet. The property includes the former producing Buffalo Ankerite Mine that had production of 1,000,000 ounces of gold at a grade of 0.19 oz/ton, up to its closure in 1953. The Fuller Deposit saw limited production of 6,500 ounces gold grading 0.21 oz/ton between 1940 and 1941. Potential mining widths and gold grades in the Fuller Deposit, existing underground infrastructure and the potential for the recently discovered zones to provide additional gold mineralization combine to make Vedron an attractive investment at these prices. Recent drilling just north of the Fuller Deposit has discovered a new zone of gold mineralization that appears to be coincident with Induced Polarization anomalies located during the summer of 1997. These zones occur within the east-west trending mafic volcanic rocks which host the Fuller Deposit. The zones are significant for the width of the mineralization, their gold content and their proximity to established underground workings (Fuller Decline) just 600 feet to the south. Vedron Gold Inc.: Placer Dome Commences Drilling Trading @ $0.20 CANADIAN 11:37 EDT Wednesday, April 24, 2002 TORONTO, ONTARIO-- TIMMINS GOLD CAMP, TIMMINS, ONTARIO Vedron Gold Inc. is pleased to announce Placer Dome (CLA) Limited has commenced drilling at various locations on the Vedron property. Placer has completed 15,000 feet of drilling to date consisting of 21 drill holes on the property. The Buffalo Ankerite area where open pit mining occurred in the early 1970's is the primary focus of the drilling program at this time. Placer plans to complete about 25 more drill holes in the current program for an estimated total of 25,000 feet of drilling through spring 2002. Placer has also begun to calculate a resource estimate on the Contact and the Hanging Wall zones situated in the Fuller deposit. Vedron entered into an option agreement with Placer on March 29, 2001 where Placer can earn a 51% interest in the Vedron Property by performing $4.5 million in exploration work over a period of three years. The Vedron Property is adjacent to the Dome Mine operation where Placer Dome produces in excess of 300,000 gold ounces per year. FOR FURTHER INFORMATION PLEASE CONTACT: Vedron Gold Inc., Tom Meredith, (416) 368-0099, www.vedron.com, The Canadian Venture Exchange has not reviewed and does not, accept responsibility for the adequacy of this release. © 2002 CCNMatthews