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Gold/Mining/Energy : A to Z Junior Mining Research Site -- Ignore unavailable to you. Want to Upgrade?

To: marcos who wrote (881)	8/7/2002 6:21:52 PM
From: 4figureau	Read Replies (1) \| Respond to of 5423

Going to be fun Marcos :)

To: marcos who wrote (881)	8/8/2002 10:01:48 AM
From: 4figureau	Respond to of 5423

XCL: X-Cal Resources Ltd.: District Scale Potential at Sleeper Confirmed VANCOUVER, BRITISH COLUMBIA--The geologic due diligence report referred to in X-Cal's news releases of July 22 and July 30, 2002 has been completed and delivered to X-Cal and a prominent securities firm. The report entitled "Sleeper Gold District, Exploration Proposal" by Larry D. Kornze, P.Eng and Jeffery D. Phinisey, MSc. will be available to analysts in its entirety by contacting X-Cal Resources Ltd. or text only at www.x-cal.com. The authors of the report express the opinion that "the Sleeper District is a very exciting exploration project with a multitude of outstanding targets waiting to be drilled". They recommend a phased program of 3 years and a US$10 Million budget, with the objective of "several 1-4 Million ounce gold orebodies". The report describes a large gold-rich hydrothermal system with large volumes of favorable host rocks and structure. It also describes existing gold resource and potential in the minesite area. The track record of Mr. Kornze as a very successful economic geologist who has been instrumental in the discovery of major Nevada gold orebodies totaling more than 40 Million ounces, is respected in the industry. Mr. Phinisey also has solid Nevada credentials, particularly in reserve replacement for major companies. The Sleeper Gold District Report is an important building block that will assist analysts and investors to recognize the potential of the Sleeper Gold Property. biz.yahoo.com