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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?


To: bill who wrote (1690)7/31/2002 2:26:17 PM
From: VAUGHN  Respond to of 1707
 
Hello Bill

You seem to be up to speed on all thats gone on with Pam.

As you know, summer is traditionally slow for the jr's active in the moose pasture claim areas and the current market reversal isn't helping one bit. Unfortunately, all plays tend to be tarred with the same brush even though TWG isn't restricted by the typical pasture spring/summer drilling restrictions. If you look at last year's chart, TWG's price was sliding despite releasing a long string of very positive news.

Having said that, I'm not too concerned as I am in for the long haul and the current market will be forgotten if TWG eventually reports some positive data from those other twelve targets.

As I said at the time, CMD's decision to spin of DDN was I'll timed so I don't expect too much exploration news until next spring on their Misty claims.

Take heart, TWG will be releasing news off and on over the next nine months and that will lead right into next year's speculative season.

Don't rush out to buy that cat food just yet.

Keep well.

Regards

Vaughn



To: bill who wrote (1690)8/7/2002 12:59:51 AM
From: VAUGHN  Read Replies (1) | Respond to of 1707
 
Hello Bill

***OFF THE WIRE***

Diamonds North Resources Ltd - News Release
Canabrava and Diamonds North intersect kimberlite
Diamonds North Resources Ltd DDN
Shares issued 10,001,033 Aug 2 2002 close $ 0.40
Tuesday August 6 2002 News Release
See Canabrava Diamond Corp (CNB) News Release
Mr. George Read of Canabrava Diamond reports
KIMBERLITE INTERSECTED, HADLEY BAY PROJECT, VICTORIA ISLAND
Canabrava Diamond and Diamonds North Resources have learned that the first hole of the drill program on the Hadley Bay project has intersected kimberlite. This kimberlite is named the Apollo kimberlite.
Kimberlite was encountered below three metres of overburden. A total of 32 metres of competent kimberlite breccia has been intersected in this first vertical hole. Additional holes will be drilled to ascertain the size of this kimberlite pipe. This first drill hole was sited on an intense magnetic low, which forms part of a cluster of magnetic anomalies along a strike length of approximately 1.5 kilometres. Delineation drilling of the Apollo kimberlite is under way, and the drilling of additional magnetic anomalies will follow.
Canabrava has the option to earn a 50-per-cent interest in Diamonds North's Hadley Bay diamond project by spending $5-million and issuing 250,000 shares to Diamonds North over a four-year period. The 2002 program consists of a $700,000 exploration budget and issuance of 50,000 shares of Canabrava to Diamonds North, which is the project operator.


Regards

Vaughn