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


To: Ed Pakstas who wrote (2384)12/15/1997 10:40:00 AM
From: Winer  Respond to of 11676
 
Found this floating around out there (FWIW), hope I am not repeating someone else's posting:

Comment from John Kilburn and Don Poirier

Good results, but slightly lower grades than we were hoping for (ie. 2%). Otherwise, a geologic and technical success. The average grade is 1.13% over 15.7m. The important item to discern is that these grades are all consistent from one interval to the next. There is no one extreme value "carrying" weaker intervals. A discovery has been made and confirmed. The thickness is very favourable and the gross rock value is in excess of US$100 per tonne. We are pleased but do caution that the stocks could likely trade down. The work program is complete, this will be a nice speculative drill play for 1998.

Apart from the Diamond Field's property, these are the most significant results that we have seen from anywhere in the Voisey's Bay play.



To: Ed Pakstas who wrote (2384)12/15/1997 10:46:00 AM
From: Jimsy  Read Replies (3) | Respond to of 11676
 
Ed - for sure the Alberta play will be the focus early in 98, its too dark in NWT and cold until about late Feb, then that area may come active depending on what Winspear does, Aber, SUF(KLA property) , maybe GMD diversifying.

In Alberta, if one other junior finds a kimberlite pipe that is diamondiferous, this becomes an exciting play. Several companies should be geared up to drill in January and they have to drill before spring because the Alberta gov't won't allow them on the roads in the spring because the big trucks wreck them.



To: Ed Pakstas who wrote (2384)12/15/1997 3:04:00 PM
From: VAUGHN  Read Replies (1) | Respond to of 11676
 
Hello Ed

****OFF TOPIC****

I think the market has its attention on Alberta,but I tend to believe the really good results will come from the NWT.

Both plays have speculative potential, but I suspect the NWT will be where the majority if not all the economic deposits will be found.

"geology"

Regards