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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Supervalue who wrote (11496)	7/7/2003 2:00:53 PM
From: VAUGHN	Read Replies (2) \| Respond to of 11676

Hello SV OFF THE WIRE Donner Minerals Ltd.: SVB Field Work Underway Monday July 7, 9:02 am ET VANCOUVER, BRITISH COLUMBIA--Mr. Harvey Keats, President of Donner Minerals Ltd. (the 'Company') announces that further to the Company's news release of June 2, 2003, Falconbridge field crews have arrived at the South Voisey Bay Project and that field work is underway. ADVERTISEMENT Field work currently consists of geological and geophysical follow-up of previously identified airborne MegaTEM electromagnetic anomalies located throughout the South Voisey Bay Project area. In the North Gabbro area, the geophysical ground follow-up will consist of widely spaced AMT electromagnetic ('EM') ground geophysics to be followed by large loop EM surveys. The ground follow-up will be in the general area of the highest grades and nickel tenors intersected on the SVB Project to date. In the South Gabbro area, geophysical ground follow-up will consist of large loop EM surveys. In addition, three conductive trends on the eastern portion of the SVBN property and one on the northern portion of the SVBN property, have been selected for follow-up in the field prior to a decision to carry out ground geophysics. The ground geophysical surveys are designed to identify high priority anomalies to be selected for diamond drilling. The 2003 program is being carried out by Falconbridge Limited. Falconbridge can earn a 50% interest in the entire South Voisey Bay Project by spending $23 million on exploration over a five-year period. Falconbridge had spent approximately $2.3 million to the end of 2002 and is required to spend an additional $1.7 million in 2003 to maintain its option. Work will be carried out on all four ownership blocks in the South Voisey Bay Project: the wholly owned SVBN property; the Donner/Northern Abitibi joint venture property; the Donner/Commander joint venture property; and the SVBN/Pallaum Minerals joint venture property. The ownership of SVBN is as follows: Donner Minerals Ltd. 76.69%; Cypress Development Corp. 11.36%; NDT Ventures Ltd. 6.55%; UC Resources Ltd. 5.40%. Donner has a 52% interest in the Donner/Northern Abitibi joint venture property and Donner has a 52% interest in the Donner/Commander joint venture property. SVBN has a 75% interest in the SVBN/Pallaum joint venture property. ON BEHALF OF THE BOARD OF DONNER MINERALS LTD. Harvey Keats, President Looks like CMD's SVBN claims may get more attention this summer than last. Good luck. Vaughn