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Gold/Mining/Energy : GLS GLOBAL ASSETS -- Ignore unavailable to you. Want to Upgrade?


To: Stockwatcher who wrote (116)11/4/1997 8:37:00 PM
From: GOLDIGER  Read Replies (1) | Respond to of 135
 
Hi Steve,

NEW RELEASE

Adamas Resources Corp -

Nevada property results

Adamas Resources
Corp
AMS
Shares issued 7617989
1997-11-03 close $0.21
Tuesday Nov 4 1997
See GLS Global Assets Ltd (GLO) News
Release
Mr S. Cedric Steele reports
GLS Global Assets and Adamas Resources
have received encouraging results from their
due diligence surface channel sampling
program undertaken in October on the
Hydra-Hercules gold and silver property,
Nevada.
The property is deemed to have excellent
potential for hosting epithermal, bulk tonnage,
low grade deposit.
Since 1984, over US$2,000,000 has been spent
on exploration (includes over 34,000 feet of
drilling) by several mining companies, some of
which include Asamara, Horizon Gold, St Joe
Minerals and Phelps-Dodge.
A geological resource amenable to open pit
mining methods has been estimated by
previous operators to be between 170,000 and
213,000 ounces of gold and over 1.5 million
ounces of silver. The resource is hosted within
open structures that have a known surface
strike of over 9,000 feet. The current due
diligence channel sampling has confirmed
previous operator's sampling results. This lends
credence to reported drill results and yields a
higher level of confidence to the above quoted
calculations.
The following channel samples were taken by
David Shaddrick, an independent geologist
retained by GLS. All samples were fire assayed
at Bondar-Clegg in Reno, Nevada.

No. Width Av Gold Av Silver
Value Value

Tom's Knobs
2 32.5 ft 0.062 oz/ST 0.336 oz/ST

D Zone
7 5.1 ft 0.051 oz/ST 1.370 oz/ST

E Zone
4 4.9 ft 0.035 oz/ST 0.427 oz/ST

A Zone
3 34.7 ft 0.013 oz/ST 0.231 oz/ST

The Tom's Knobs zone returned the most
impressive values. This area lies near the
interpreted junction of two major northerly
trending auriferous structures. A northern
extension to the system is implied by
anomalous gold in soils (25-140 ppb gold)
yielding a possible 1,700 feet strike length to
the Tom's Knob system. This area is a high
priority, inadequately tested exploration target.
Potential for the property to host a million plus
ounce gold deposit is excellent.
(c) Copyright 1997 Canjex Publishing Ltd.
canada-stockwatch.com

GOLDIGER.



To: Stockwatcher who wrote (116)12/7/1997 9:18:00 PM
From: Mr Metals  Respond to of 135
 
Mr M

Forgive me. I thought since you know Thor very well,click on the URLs, that you were helping promote GLS. exchange2000.com
exchange2000.com

Steve you also wrote,
GLO has fantastic Bolivia
Properties which have huge potentials, they also
have a Big Promotion starting to happen and I
believe you will make more money on GLO.

Let's
leave this alone and move on to something more
positive
like GLO....

I thought since you made those comments that you were very close with the insiders. I am sorry to accuse you of hyping GLS but by your postings it seemed like you were.

Mr Metals