SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Exall Resources/Glimmer Resources -- Ignore unavailable to you. Want to Upgrade?


To: winzer5 who wrote (1241)11/11/2003 10:10:14 AM
From: winzer5  Respond to of 1319
 
Southern Star Also Halted at the Opening; so We can Just Guess that it is not an O & G New Release

Re-reading the last PR gives you the feeling that something to do with what they're finding in the drilling?

Southern Star Resources halted at the open

2003-11-11 09:22 ET - Halt Trading

Trading has been halted effective at the open on Nov. 11, 2003



To: winzer5 who wrote (1241)11/12/2003 12:51:50 AM
From: winzer5  Read Replies (1) | Respond to of 1319
 
WOW 9.23 opt over 2.6 feet Looking More and More Like It Was Wort Waiting For!

Lets See The Market Reaction once Trading Resumes. Sory can't align the columns; but they line up well on Canada Stockwatch

.....the details f the NR ................

Exall and Southern Star release Gold Eagle assays

2003-11-11 18:06 ET - News Release

Also News Release (C-SSR) Southern Star Resources Inc

Mr. Stephen Roman of Exall Resources reports

BONANZA GOLD GRADES INTERSECTED AT GOLD EAGLE

Exall Resources and Southern Star Resources have released initial assay results of the phase 2 drill program presently continuing at Exall's Gold Eagle mine property located in Red Lake, Ont. These results are from drilling on the newly discovered western extension zone (see news in Stockwatch dated Nov. 5, 2003). Large sections of hole SS No. 7 are presently in for assay. A full description of SS No. 7 will be released when they become available. Initial highlights of SS No. 7 include the following:

WESTERN EXTENSION ZONE

Hole From To Length Au
No. (ft) (ft) (ft) (oz/t)

SS No. 7 531.5 534.0 2.5 0.57
701.2 705.8 4.6 0.10
incl. 701.2 703.4 2.2 0.17
817.6 820.0 2.4 0.58
1586.5 1589.1 2.6 9.23

SS No. 2
(as
previ-
ously
reported) 947.3 952.2 4.9 0.30
incl. 948.9 950.2 1.3 0.83

In addition, anomalous gold values were encountered on both sides of the 9.23-ounce intersection and further infill results are expected. SS No. 7 was drilled to a depth of 2,132 feet (650 metres) from the same collar as SS No. 2. SS No. 2 was drilled to 1,033 feet (315 metres) and Southern Star is currently deepening hole SS No. 2. These are intersection lengths. Additional drill holes will be required to determine true width and to further understand this discovery.

The Gold Eagle property consists of 35 patented claims totalling 726.1 hectares (1,793.5 acres) in the heart of the prolific Red Lake gold camp. The Gold Eagle mine produced approximately 40,000 ounces of gold from 1937 to 1941. Since operations ceased, no significant exploration program has been undertaken on the property. With successful former producing mines on two sides of the property near the northern boundary, the claims are exceptionally well located. There are no royalties on the subject property.

During sampling, drill core is split with a saw and one-half is sent to SGS Labs for preparation and analysis, and the remaining half is securely stored for record purposes and/or further work. Dr. James M. Patterson, PhD, PGeo, DIC, is the qualified person within the meaning of National Instrument 43-101. Dr. Patterson and has reviewed the exploration results contained in this news release.

Southern Star has an option to earn a 50-per-cent interest in the Gold Eagle mine property by completing $2-million in exploration work, as well as making cash and share option payments to Exall over the next two years.

Best of Luck to All who Waited
Winzer