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Gold/Mining/Energy : Western Copper Holdings Ltd. T.WTC -- Ignore unavailable to you. Want to Upgrade?

To: Charlo Barbosa who wrote (13)	11/13/1997 5:25:00 PM
From: John Sladek	Respond to of 401

>The drill has been moved off to another target and the company does not know when drilling will resume. Any idea if the "other target" is the second IP anomoly (there were TWO large IP anomolies one lying to the east, and the other to the west of the main ore body). Regards, John Sladek

To: Charlo Barbosa who wrote (13)	11/13/1997 8:43:00 PM
From: dale w ruckle	Respond to of 401

Charlo please excuse if these are redundant questions,when you post cannacord site are we able to register and get analysis on wtc.are you with cannacord? does triumph st have a pr role for wtc? thanks...

To: Charlo Barbosa who wrote (13)	11/14/1997 11:42:00 AM
From: Kent C.	Respond to of 401

Here's Today's From canaccord.com WESTERN COPPER HOLDINGS (WTC : TSE : $4.50 : Issued 10.7M; 13.8M f.d. :1.0M cash) WTC has intersected 163 m of massive sulphides starting at a 205 m depth in Hole SAL-25 on the El Salvador Project, Mexico. This project is a 45/55 joint venture with Teck, which earns 55% before the Mexican vendor backs in for 25% working interest. This would leave Western Copper with a net 22.4% interest. Normally this diluted interest would dampen our enthusiasm, but the length of this massive sulphide intersection is compelling. Teck, as operator, has been drilling blindly on this project for the last year. It has intersected some very respectable grades (i.e. Hole SAL#12 with 2 g/t gold, 196 g/t silver, 1.0% copper, and 6% zinc), but surrounding holes have been barren. This was before Teck completed an advanced IP geophysical survey that has outlined several large zones of sulphides. Drill hole SAL-25 has been drilled into one of these anomalies that measures 500 x 500 m. The size and strength of this geophysical anomaly leads us to believe this is not an isolated pod of mineralization. Unlike the recent discovery area, there is only a faint IP response around the previously drilled SAL#12 located a few km away. We caution, though, that SAL-25 was drilled vertically, and there is no indication of true width for the zone, which is believed to be flat lying. However, the hole stopped in sulfides. And: * SPECULATIVE BUY Western Copper-163 m of massive sulphides intersected in Mexico (A. Muir) Our confidence in the potential grade of the 163 m intersection is boosted by comments from WTC management. Mr. Dale Corman, President, Western Copper, and Mr. Bill Meyers, VP Exploration, Teck, flew to the project on Tuesday. Mr. Corman commented that the core of SAL-25 looks very similar to SAL-12, which averages US$150/t gross value over 13 m. Assuming that the market cap values 10% of a given asset of a resource company, we assign $10/t for a potential ore body of 150.0M tonnes. Western Copper's net 22.4% interest in this possible blue-sky target would equal $24.00/share. We expect initial assays next week. The drill has been moved off to another target, and the Company does not know when drilling will resume. We believe Hole SAL-25 could be a new discovery and recommend Western Copper as a BUY for speculative accounts. Andrew Muir, CFA (604) 643-7008