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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (282)	1/20/1998 1:59:00 PM
From: Kent C.	Respond to of 1707

It would be nice for MGJ to find a partner....soon..., I would imagine that they are holding out for the best deal possible. delay Sym-X Bid - Ask Last Chg % Vol $Vol #tr open-lo-hi 52wk lo-hi last trade News 15min ABZ - T 4.0 16.55 - 16.70 0.8 16.70 -0.15 36.4 614 90 17.00-16.60-17.25 12.00 - 28.50 Jan 20 13:19 Jan 15 15min CYM - A 0.5 1.82 - 2.09 0.6 1.90 1.65 - 5.70 Jan 19 14:00 Jan 14 15min DMM.B - T 0.2 28.10 - 28.50 1.1 28.50 +0.50 1 4.6 129 7 28.00-27.75-28.75 20.00 - 32.15 Jan 20 12:20 Jan 9 15min FML - V 9.5 0.60 - 0.65 6.0 0.60 -0.05 -7 13.8 8 7 0.65-0.60-0.65 0.30 - 1.75 Jan 20 09:20 Jan 13 15min LEX - M 1.9 1.27 - 1.35 1.0 1.27 +0.05 4 35.7 48 15 1.30-1.27-1.35 0.26 - 1.50 Jan 20 13:38 Dec 31 15min MGJ - V 22.0 0.30 - 0.34 10.0 0.32 0.25 - 0.85 Jan 16 13:17 Jan 19 15min PAS - T 4.0 1.22 - 1.27 5.0 1.22 -0.05 -3 25.0 30 9 1.23-1.22-1.25 0.95 - 2.70 Jan 20 13:15 Dec 11

To: Ed Pakstas who wrote (282)	1/27/1998 2:49:00 PM
From: Flea	Read Replies (2) \| Respond to of 1707

Major General Resources Ltd - Additional Bathurst results Major General Resources Ltd MGJ Shares issued 33186119 1998-01-26 close $0.33 Tuesday Jan 27 1998 Mr Glenn Shevchenko reports Drill hole NB97-23 has intersected a 15.5m section of Brunswick-style semi-massive sulphide mineralization grading 1.44% zinc, 0.7% lead and 8.57 g/t silver. The hole was collared 1.4km to the south of the discovery hole (NB97-21) and tested the southern extension of the gradient induced polarization anomaly. The favourable IP anomaly measures 2.2km long by 50 to 200m wide and is open to both the north and south. The drill testing to date on this IP anomaly has only been localized in two areas. The base metal zone is on the Nepisiguit Brook property which is in the Bathurst camp of New Brunswick and is optioned from Rio Algom Exploration. In the previous news release (Stockwatch November 29 1997) the company announced that drill hole NB97-21 intersected a new base metal zone consisting of Brunswick-style semi-massive sulphide mineralization. The hole was collared at the northern end of the IP anomaly and intersected 16.8m of 1.59% zinc, 0.16% lead and 4.61 g/t silver. The company has intersected further encouraging results in two subsequent drill holes (NB97-22 and 23) that tested other portions of the IP anomaly. Drill hole NB97-22, which tested the up-dip extension of the sulphide zone in NB97-21, intersected 1.5m of semi-massive sulphide mineralization grading 0.72% zinc, 0.09% lead and 2.63 g/t silver. The results are encouraging in that the thickness and grade of mineralization appears to improve with depth. Drill hole NB97-23, which was collared 1.4km south of NB97-21 and 22, tested the southern extension of the IP anomaly. The hole intersected two zones of semi-massive sulphide mineralization that assayed 1.44% zinc, 0.7% lead and 8.57 g/t silver over 15.5m in the upper zone and 0.24% zinc, 0.18% lead and 4.34 g/t silver over 4.0m in the lower zone. From To Width Zn Pb Ag m m m % % g/t Upper Zone 352.5 368.0 15.5 1.44 0.703 8.57 352.5 358.0 5.5 1.30 0.675 8.62 358.0 360.0 2.0 2.1 1.27 9.82 360.0 363.0 3.0 0.36 0.29 6.34 363.0 368.0 5.0 1.96 0.76 9.37 551.0 555.0 4.0 0.24 0.18 4.44 Both the upper and lower zones are hosted within similar packages of interbedded felsic volcanic/sedimentary rocks which represent a favourable environment for the development of volcanogenic massive sulphide mineralization. The small scale fold patterns and repetitive stratigraphy suggest that the two mineralized zones are related, as they occur on the adjacent limbs of a larger fold structure. The sulphide zones encountered in holes NB97-21, 22 and 23 appear to be on the same stratigraphic horizon which has an enormous amount of base metal potential. The results thus far indicate that the potential for improving the thickness and grade of the sulphide mineralization increases with depth. The company is currently drill testing the down-dip extension of the mineralized zones that were intersected in drill hole NB97-23.