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Gold/Mining/Energy : Zappa Resources ZPA vancouver -- Ignore unavailable to you. Want to Upgrade?

To: morrie who wrote (176)	12/30/1997 8:59:00 PM
From: dean poets	Read Replies (1) \| Respond to of 3198

Hi Morrie, it's good to see a little bit of excitement in Zappa's share price today! I thought I'd post the latest fax alert from "Robert McAllister" of Investors First a newsletter published monthly. ZAPPA RESOURCES (ZPA) On V.S.E. Rating (BUY) Current price $ .18. This company has been one of my longest buy recommendations. This weekend Cambior cut short their drilling program to break for Christmas. Cambior had planned only two holes to test the western extension of this high grade lense. After drilling two holes they finally moved to test the southern extension of this lense. I believe this is where they should have drilled in the first place. From the maps I have seen it appeared to me the mineralizating solutions were coming up from the south. The drill results will be out no later than the 14th of January. The final three holes are the most important as these will show whether the high grade lense continues to the south. With 50% interests in two million oz Gold properties in southern Ecuador for a solid base the company remains a buy. Hole 96-09 was drilled last December by Cambior and was the best drill hole for grade 8.7m of 11g gold/ton, 93 g Silver/ton, 3.85% Copper, 12% Zinc, and 2.4% Lead. This hole had been the farthest hole drilled to the south. The Net Smelter Return (NSR) from this hole is 173.80 US per ton. The average NSR for the deposit to date is over $ 80.00 US/ton. Dean P.S. Crosslake minerals is only averaging NSR of 6 - 10$ US/ton. Although they've got about 25 million tons proven.