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Strategies & Market Trends : Winter in the Great White North -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (5606)	3/4/2004 7:46:18 PM
From: Rocket Red	Respond to of 8273

MAJ keep your eyes peeled wide open here

To: Rocket Red who wrote (5606)	3/4/2004 7:51:35 PM
From: russet	Read Replies (1) \| Respond to of 8273

Results from El Salvador not too shabby either. Intrepid Minerals Corp IAU Shares issued 40,136,840 Mar 2 2004 close $ 0.73 Wednesday March 3 2004 News Release Mr. Laurence Curtis reports INTREPID HITS GOLD & SILVER IN FIRST HOLE AT GIGANTE, EL SALVADOR Intrepid Minerals has released its results from the first hole drilled at Gigante on the San Cristobal project in eastern El Salvador. Hole EG-01-04 returned an intercept of 2.95 metres (9.7 feet) assaying 17.6 grams per tonne (0.51 ounce per ton) gold and 1,569 grams per tonne (45.8 ounces per ton) silver. The intercept is shallow and close to true width. Hole EG-01-04 is one of three holes designed to test the Gigante vein that has been mapped over a strike length in excess of one kilometre. See news in Stockwatch dated Jan. 21, 2004, for details of the highlights of the initial Gigante trenching program carried out in late 2003. TABLE 1 DRILL RESULTS FROM GIGANTE Hole From To Width Gold Silver m m m g/t g/t EG-01-04 30.30 33.25 2.95 17.6 1569 The vein material consists of brecciated and banded quartz vein material with visible metallics that have been tentatively identified as silver sulphides with electrum. The Gigante program is the first phase of a multitarget drill program being carried on the 298-square-kilometre San Cristobal property in eastern El Salvador. The property covers the largest historic producer in El Salvador known as San Cristobal. Additional gold and silver targets to be tested in this program include: Hormiguero: A high level gold-silver-baryte target. Rio Seco: A multitarget gold-silver system with bonanza silver-gold veins surrounding a stockwork target which was identified in 2002. Oro Nuevo: A new discovery in 2003 of high level gold-enriched breccias hosted by dacite porphyry and lithic tuff/lacustrine sediments. Initial trench samples from this target are currently being processed. Intrepid will be drilling approximately 5,000 metres on these targets in 2004 and results will be released regularly. Responsibility for this exploration program resides with Marco Montecinos, Intrepid's manager, Central America.