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Gold/Mining/Energy : Precious and Base Metal Investing -- Ignore unavailable to you. Want to Upgrade?

To: russwinter who wrote (11623)	5/29/2003 8:36:06 AM
From: jrhana	Respond to of 39344

EGO (ELD.TO) remains active biz.yahoo.com

To: russwinter who wrote (11623)	5/30/2003 3:20:53 AM
From: Step1	Read Replies (3) \| Respond to of 39344

Russ, don`t have the knowledge to evaluate drill results, if something is expecially important or urgent I sometimes use my cousin, a geologist, for an expert opinion. You`ve got to use this kind of resource with great restraint and respect for it to be available when you really need it though, and in the case of NDE, my interest is small (money wise) so I will just post the NR and see if anyone wants to comment on it, if not , I `ll keep watching the charts ... >>>>>>> NDT Ventures Ltd (C-NDE) - News Release NDT Ventures receives CC project assay results NDT Ventures Ltd NDE Shares issued 25,959,745 May 27 2003 close $ 0.14 Wednesday May 28 2003 News Release Mr. Thomas Burkhart reports CC PROJECT DRILL RESULTS NDT Ventures has received assay results from the 13 drill holes recently completed on the CC project, Nevada. The target on the CC project is a vein system consisting of a two-metre-wide Main vein central to a larger vein system consisting of footwall and hanging wall stockworks, and splay veins. The project is located within the Walker Lane mineral belt of western Nevada and immediately adjacent to Globex's Bell Mountain project. Thirteen reverse circulation drill holes, totalling 481 metres, were completed in late March on the project. Drill holes were spaced over a strike length of approximately 300 metres, and angled into the vein system at between 45 and 80 degrees. The objective of the program was to establish continuity of the vein system at relatively shallow levels below mineralized vein outcrops. All sampling was completed on three-foot intervals, with assaying conducted by ALS Chemex in Reno, Nev. Highlights of results include intersections of 15 feet grading 2.78 grams per tonne gold, 12 feet grading 3.31 g/t gold and nine feet grading 2.75 g/t gold. The drilling and sampling were carried out under the direction of Thomas Burkhart, vice-president of exploration, who is a qualified person as defined by NI 43-101. Drilling confirmed the consistent presence of a Main vein and the occurrence of hanging wall and footwall veins, and stockworks on strike and down dip. Two drill holes, CC-1 and CC-6, lost recovery through the main target zones but all other holes did intercept the predicted vein zones with gold and silver results noted as follows: Drill hole ID From To Width Gold Silver (ft) (ft) (ft) (g/t) (g/t) CC-2 45 54 9 2.75 72 CC-3 54 63 9 1.83 75 CC-4 21 24 3 1.64 * and 96 102 6 2.62 50 CC-5 39 42 3 2.30 35 and 129 132 6 1.66 66 CC-7 21 27 6 2.72 45 and 45 60 15 2.78 64 CC-8 54 60 6 1.60 40 and 99 102 3 4.42 112 CC-9 63 69 6 3.12 92 and 72 75 3 1.64 68 and 81 84 3 3.70 59 and 93 96 3 1.13 * CC-10 42 45 3 1.01 * and 78 84 6 2.31 54 and 99 111 12 1.80 38 and 117 120 3 1.72 36 CC-11 42 51 9 1.43 61 and 84 87 3 1.49 42 CC-12 72 78 6 1.79 * and 87 99 12 3.13 114 CC-13 21 27 6 1.32 * and 66 72 6 1.49 60 *less than 30 g/t silver < my comments> NR continues to talk about their land holdings in the Canadian arctic (Melville Peninsula) . I kind of remember claims in South Voisey Bay as well, but I don`t know if they are still active in that area. I remember seeing a comment by Claude when they were at 10 cents a share in the way that they had about 11 or 12 cents in cash and that basically he felt they were an honest outfit. regards, Step1