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Gold/Mining/Energy : GITENNES Exploration (ase:GIT) -- Ignore unavailable to you. Want to Upgrade?


To: snorkel who wrote (866)10/28/1997 9:06:00 AM
From: Bat Man  Read Replies (2) | Respond to of 1092
 
Actually you're wrong, there's not much copper here, less than 1%. The highest showing is about 0.81%. I guess it'll help with expenses.
Looks to plenty of Gold in hole 97-22, 77 meters at 5g/t. Also hole 97-18, 81 meters at 2.85 g/t. Others look good also, but it may not help the stock with the price of gold and crashing stock markets. I think I'll wait and see maybe this stock will go a bit lower yet.
There should be some good buys in senior stocks after today.



To: snorkel who wrote (866)10/28/1997 11:56:00 PM
From: Neil Irwin  Read Replies (1) | Respond to of 1092
 
Snorkel,

Copper was mentioned in the August 18 news release:

"Drilling through the central and north portions of the zone has revealed a more complex mineralized system which is characterized by oxide gold mineralization to the west and copper-gold sulphide mineralization to the east. Copper assays have been requested by the Company for several of the eastern holes. Initial geochemical results indicate that strongly anomalous copper is present. Copper assay results will be released as soon as they become available. The limits of mineralization here are yet to be defined by drilling, and most holes were lost in mineralization, whether R/C or core."

The complete text can be found at:
ww2.newswire.ca

Neil.