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Strategies & Market Trends : Alamos Gold -- Ignore unavailable to you. Want to Upgrade?


To: Chuca Marsh who wrote (2747)6/6/2002 8:37:47 AM
From: Chuca Marsh  Respond to of 4470
 
NRI news at OPEN yesterday on GOLD as it fell 30 cents by Close:
NovaGold Resources Inc (2) - News Release
NovaGold finds gold mineralization at Akivik and Lewis
NovaGold Resources Inc (2) NRI
Shares issued 31,773,421 Jun 4 2002 close $4.900
Wednesday Jun 5 2002 News Release
Mr. Rick Van Nieuwenhuyse reports
NOVAGOLD RESOURCES INC. - MORE GOLD INTERSECTED IN TWO NEW ZO ...
NovaGold has provided results from the continuing prefeasibility and exploration program at the Donlin Creek gold deposit.
Highlights are as follows:
follow-up core holes at the new Akivik zone continue to intercept significant gold mineralization;
additional step-out exploration drill holes have intercepted a new mineralized zone south of the Lewis resource area. Assay results are pending;
in-fill drill results on the Acma zone include: drill hole DC02-679 with 90.6 metres grading 4.4 grams per tonne (g/t) (297.3 feet grading 0.13 ounce per ton);
8,100 metres (26,650 feet) have been drilled to date in 72 holes. Assay results are complete for the first 40 core and rotary holes in the program; and
senior mining investment analysts and representatives of both Calista Native Corporation and the State of Alaska to be on-site at the Donlin Creek project this week.
Follow-up core holes confirm new Akivik gold zone discovery
The first follow-up core holes at the new Akivik discovery located one-half kilometre north of the high-grade Acma zone have continued to intercept significant gold mineralization. Additional step-out drilling will be necessary to define the extent of the new zone which remains open in all directions. This new zone lies outside the existing resource area and will add new ounces in the next resource estimate.
Second new zone discovered south of Lewis resource area
Step-out exploration drilling one-half kilometre south of the Lewis zone has intercepted significant mineralized intervals of intrusive porphyry. The first exploration drill holes in this new target contain up to 44 metres of stockwork veining and abundant sulphide mineralization within intrusive rocks. Assay results are still pending. Follow-up core drilling to define potential new resources is continuing.
Acma in-fill results continue to be outstanding
Drilling in the Acma zone also continues, with outstanding results from the two most recent in-fill holes designed to upgrade inferred resources to the measured and indicated categories. Drill hole DC02-679 contains 90.6 metres grading 4.4 g/t (297.3 feet grading 0.13 ounce/ton) and DC02-683 contains numerous intervals grading over three g/t gold. Work throughout the summer program will continue to focus on additional in-fill and step-out exploration drilling for a revised resource estimate as part of the prefeasibility study.
Analysts to make first Donlin site visit
Eight senior mining investment analysts and representatives of both Calista Native Corporation and the State of Alaska, as well as the news media, are to visit the Donlin Creek project this week. This is the first mining analyst visit to the Donlin Creek project. To ensure full and fair disclosure of exploration results all assays received to date have been released. In future, summary exploration results will be reported on approximately a monthly basis.

DONLIN CREEK NEW DRILL
RESULTS HIGHLIGHTS

DHID Interval Length
(m) (m)

DC02-679 0.4-91.0 90.6

DC02-683 10.5-41.8 31.3
72.5-90.8 18.3
137.6-171.0 33.4
193.5-198.5 5.0

DC02-684 8.0-14.0 6.0

DC02-687 154.0-197.5 43.5

DC02-688 66.0-83.9 17.9
96.0-115.0 19.0

DC02-689 8.9-32.0 23.1

DC02-690 30.5-44.2 13.7
71.8-92.0 20.2

DC02-691 73.7-102.0 28.3

DC02-692 92.9-132.1 39.3

DR02-644 48.8-73.5 24.4

DR02-646 45.7-51.8 6.1

DR02-647 47.2-51.8 4.6

DR02-648 56.9-64.0 7.6

DHID Gold Length Gold
(g/t) (ft) (oz/t)

DC02-679 4.4 297.3 0.13

DC02-683 4.5 102.7 0.13
3.7 60.1 0.11
3.5 109.6 0.10
8.9 16.4 0.26

DC02-684 4.2 19.7 0.12

DC02-687 3.6 142.7 0.10

DC02-688 5.6 58.6 0.16
3.1 62.5 0.09

DC02-689 2.3 75.8 0.07

DC02-690 2.7 45.0 0.08
2.1 66.4 0.06

DC02-691 3.1 92.7 0.09

DC02-692 2.7 128.8 0.08

DR02-644 3.3 80.0 0.09

DR02-646 2.8 20.0 0.08

DR02-647 3.8 15.0 0.11

DR02-648 3.8 25.0 0.11



DHID Type Area Objective

DC02-679 core Acma in-fill

DC02-683 core Acma in-fill

DC02-684 core South exploration
Lewis

DC02-687 core Akivik exploration

DC02-688 core Akivik exploration

DC02-689 core Akivik exploration

DC02-690 core Akivik exploration

DC02-691 core Akivik exploration

DC02-692 core Akivik exploration

DR02-644 rotary Akivik exploration

DR02-646 rotary Akivik exploration

DR02-647 rotary Akivik exploration

DR02-648 rotary Akivik exploration


Drill hole location maps will be available on the NovaGold Web site.
The drill program and sampling protocol are managed by NovaGold with oversight provided by qualified person Phil St.George, vice-president of exploration and project manager for NovaGold. All drill samples were analyzed by fire assay at ALS Chemex Labs in Vancouver, B.C.

(c) Copyright 2002 Canjex Publishing Ltd. canada-stockwatch.com

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Detailed Quote NOVAGOLD RESOURCES INC



To: Chuca Marsh who wrote (2747)6/6/2002 11:29:58 AM
From: Chuca Marsh  Respond to of 4470
 
My last weeks pick, NGT, at UNDER CN$3 had news an hour ago, so when can I put it at OVER is the BIG QUESTION:
National Gold Corp - News Release
Alamos, National Gold get thumbs-up for Salamandra deal
National Gold Corp NGT
Shares issued 12,903,815 Jun 5 2002 close $.540
Thursday Jun 6 2002 News Release

Mr. Chester Millar of Alamos reports
ALAMOS - NATIONAL SIGN JOINT VENTURE AGREEMENT
Alamos Minerals and National Gold Corporation have received exchange and vendor approval of the joint venture option agreement concluded on April 1, 2002, whereby Alamos Minerals may earn a 50-per-cent interest in the Salamandra gold camp.
National Gold owns the Salamandra gold camp with its 2.94-million-ounce measured and indicated Mulatos gold resource as the result of an asset purchase agreement with Tenedoramex, S.A. de C.V. and Accessions Mining (as reported by National Gold in Stockwatch Sept. 10, 2001). The property, which hosts seven large gold-bearing epithermal systems, is located in the state of Sonora, Mexico, 220 kilometres east of Hermosillo.
Subsequently National optioned half of the Salamandra property to Alamos Minerals (as reported in Stockwatch April 1, 2002). To earn its 50-per-cent interest, Alamos Minerals, the operator, will be responsible for:
expending a total of $2,375,000 (Canadian) on exploration, development, metallurgical test leaching and property costs during the term of the earn-in, of which approximately $1-million (Canadian). This will be accomplished through a bulk leach test of sufficient size to confirm metallurgical recoveries and leaching characteristics. Thereafter Alamos assumes 50 per cent of all additional expenditures;
assuming 50 per cent of the $10.25-million (Canadian) of vendor obligations due under the asset purchase agroement for the Salamandra property (see National Gold's news as reported in Stockwatch Sept. 10, 2001); and
paying National Gold $2-million (Canadian) within 48 months of Alamos becoming the registered operator in Mexico. Should control of Alamos change within 24 months of it becoming the registered operator, operatorship of the project will revert to National Gold.
The joint venture partners contemplate a staged mining operation, starting with production from the higher-grade Estrella zone. Final pit design and pad engineering is under way for a test leach. Permitting will be completed as soon as registration of Alamos as the registered operator in Mexico is concluded. Once permitting is completed stripping and mining for the test leach will commence.

(c) Copyright 2002 Canjex Publishing Ltd. canada-stockwatch.com

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Detailed Quote National Gold Corporation



To: Chuca Marsh who wrote (2747)6/6/2002 5:00:43 PM
From: Chuca Marsh  Read Replies (3) | Respond to of 4470
 
Results as of Thursday WEEK 33 :
THU % Top Placees
ENTRANT STOCK #SHARES PRICE

NRI-t Chucka Marsh 4395 4.39 1st + 4%
DMX-t Miner 4705 3.90 2nd +0.0%
GAC-t tyke 4301 4.67 3rd -0.04%
EEE-t Bearcatbob 6666 2.90 4th –3.3%
EEE-t Daytek (sh) 6666 2.90 4th –3.3%(sh)
IE-t Sam Dan 6250 3.00 5nd –6.6%
6 folks out of ten in the TOP five!

Chucka CONGRATULATIONS EVERYONE, It is only a game. Stop.

GLE-t jonpeetee 3960 4.68 6th –7.7%
GSC-t vds4 5714 3.17 7th –9.5
MTM-t KC Jones 6666 2.40 8th -25
NT-t MrsNose 6153 2.22 9th –31.7

Chucka CONGRATULATIONS, can I say last went UP a place!
quote.canada-stockwatch.com