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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (1973)12/10/1997 3:03:00 PM
From: VAUGHN  Read Replies (3) | Respond to of 11676
 
Hello Ed

I spoke to DML yesterday who confirmed the following:

1. Mr. Keats who was on site, had indicated that it was raining there. Ice is on lakes, didn't say how thick, but being soaked by run off.

Weather can change quickly, but that doesn't sound like water line freezing temperatures to me. The Weather Channel would seem to confirm that it has been pretty pleasant there for some time now.

2. Teck crews anxious for some time off and have been at it steady for four months, but DML/Teck were still contemplating the possibility of further drilling to follow up recent success. No decision has as yet been made but may be stated in upcomming NR this Friday if all assays are in.

3. Confirmed that Monday's announced hole was apparently the last in the six hole pattern. This was not stated in their NR but was mentioned in a post here that referred to a Cannacord Coffee Talk blurb. Another piece of missing information (Feline).

Also saw the following in the current Grandich weekly posting:

Donner Minerals - DML-VSE - This is very close to my heart. I
came on board back in March of 1996 at a time when the crowd was
not knocking down Donner's door. CEO David Patterson immediately
struck me as a hard-working, sincere person who had a theory on
why if another Diamondfield's-type discovery or two was out
there, it was in the area now known as South Voisey Bay. His
decision to let the rabbit juniors drill holes literally in the
dark all over the map while Donner painstakingly acquired a
massive land position and methodically developed an exploration
program has now been widely accepted as prudent, but trust me,
it wasn't until recently. David and I pounded the pavement in
1996 and the first half of 1997 and not many doors were open.
Thankfully, Teck Corporation believed in the theory and recent
drilling results have given credibility to our work.

DML has put Voisey Bay back on the map for 1998.


Regards