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

To: dean poets who wrote (223)	1/21/1998 5:23:00 PM
From: gmweber	Read Replies (1) \| Respond to of 3198

Dean Poets I think you have been waiting for this: La Plata drill results Zappa Resources Ltd ZPA Shares issued 17,053,790 Jan 20 close $0.32 Wed 21 Jan 98 News Release Mr Albert Gerry reports The company has received drill results for holes No. 20, 21 and 22 as received from Cambior, the operator, which has the option to earn a 51% interest in the La Plata project by spending US$2.0 million by November 1998. Hole No. 20 intersected 16.0m of 11.0 g/t Au, 79 g/t Ag, 7.7% Cu, 2.9% Zn, 0.3% Pb. This hole is 70m south of hole No. 9 which ran 8.7m of 11.1 g/t Au, 112 g/t Ag, 3.8% Cu, 12.0% Zn, 2.4% Pb. Six other holes north of hole No. 9 also intersected the same massive sulphide horizon. Hole No. 21 intersected three individual lenses within two mineralized horizons of massive sulphides on a section 70m north of hole No. 20 and at 40 and 100m higher elevation respectively. Hole No. 22 intersected semi-massive sulphide lenses on the same section as No. 20 but at 50m. In summary, hole No. 21 and No. 20 changed the company's understanding of the geology and emphasized the fact that high grade gold and base metals mineralization is present within multiple zones and will need to be drill tested on a tight spacing (50m). Drill Hole Results Hole/ Length Au Ag Cu Zn Pb Interval (m) (m) (g/t) (%) No. 20 336.35-382.40 16.0 11.00 79 7.7 2.9 0.3 No. 21 231.4 -233.2 1.8 5.00 46 1.2 6.1 2.2 236.25-239.45 3.2 7.08 143 3.7 4.5 1.4 296.0 -297.2 1.2 3.34 189 3.5 9.0 0.6 No. 22 343.00-350.40 7.4 Results pending 371.30-375.50 3.2 Results pending In addition, surface exploration of the Campo Alegre concession, south of La Plata, shows altered volcanics surface outcroppings similar to La Plata's horizon, over an area of approximately 400m by three kilometres. A float sample from the Campo Alegre concession ran 15 g/t Au. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com regards gmweber