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Gold/Mining/Energy : Naxos Resources (NAXOF) -- Ignore unavailable to you. Want to Upgrade?

To: jlallen who wrote (8593)	1/27/1998 11:48:00 PM
From: Kim W. Brasington	Read Replies (1) \| Respond to of 20681

Jlallen: Some of the 40 new 5 acre disturbance permits are already in hand. The others have been applied for. The purpose is to bracket the playa with drilling. The other permits shouldn't recquire additional financing. I am unsure as to the exact cost of drilling the other 40 acre disturbance permits. The names of the new labs will no doubt be forthcoming. I'm afraid that I don't quite follow your reasoning vis-a-vis Venezuela. John Norton is in charge of that part of Naxos, and we have graduated to being a producing company, which is no mean feat. It adds value to the company. John Norton is the head of mining for Naxos and as such most of his time has been spent in Venezuela. I understand that he has studied the geology of Franklin Lake. Regards, Kim W.