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Gold/Mining/Energy : VOISEY BAY'S FIND - A NEW DISCOVERY -- Ignore unavailable to you. Want to Upgrade?

To: Flea who wrote (459)	10/23/1997 1:09:00 PM
From: Ed Pakstas	Respond to of 481

!!!!!NEWS RELEASE!!!!! Subject: Stockwatch: Cypress Minerals Corp - News Release Date: Thu, 23 Oct 1997 09:46:48 -0700 From: newsout@canada-stockwatch.com To: edpak@georgian.net Drilling of first hole in Gabbro Cypress Minerals Corp CYP Shares issued 10,743,223 Oct 22 close $1.36 Thu 23 Oct 97 News Release Mr Donald Huston reports The company is presently drilling its first hole in the Gabbro in the south central zone of the Cypress Donner joint venture property in Labrador, Newfoundland. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com

To: Flea who wrote (459)	10/23/1997 1:51:00 PM
From: The Barracuda™	Read Replies (1) \| Respond to of 481

I know and finnally got a sensible explantion on why MGJ was spinning its wheels. Here goes. A vaancouver analyist said that two cores were drilled and the drill moved on in addition to this the cores while having metal didn't look spectacular. Based on this analyists opinion, alot of people used the liquidity to unload their postions. However, while the analysists opinion was the truth it was not the whole truth. The cores were from the southern part of MGJ's block. The area that everyone is excited about with NAI is 700 meters from MGJ's block; on the NORTHERN section. The outstanding NAI results are from an anomoly that extends under MGJ's NORTHERN section. A BIG difference. AS we speak Teck is drilling on the good section of NAI's block which has the anomoly that extends under MGJ's. There are outcrops of the rock on MGJ's block. So when the NAI results are out they will have direct implication for MGJ.. The MGJ shares are reflecting this changed info. Also, after the close today MGJ is presenting this stuff to a lot of large Canadian firms at a presentation.