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

To: Ed Pakstas who wrote (3623)	3/7/1998 12:50:00 PM
From: Sam	Respond to of 11676

How much do these guys have to pay to the province,every year to keep these land claims tied up,I have read that it is quite expensive in the NWT, maybe this is why Donner has to boot up the kitty some,, millions of acres could have a heavy price tag--- SAM

To: Ed Pakstas who wrote (3623)	3/7/1998 1:16:00 PM
From: donkeyman	Read Replies (1) \| Respond to of 11676

I figured that the $900,000 Donner private placement would be enough to cover off their expenses and probably they didn't need to collect millions of dollars. I believe they have to pay the Government of Newfoundland $200/claim per year and there are dozens of claims that make up each property. Each year the cost gets jacked up a bit.It can be verified at those meetings in Toronto, next week..

To: Ed Pakstas who wrote (3623)	3/8/1998 4:55:00 PM
From: donkeyman	Read Replies (1) \| Respond to of 11676

South Voisey Bay appears to have a few plusses in its favor at the start up in the spring of 1998, compared to the spring of 1997. 1. more experienced geologists - I would say standing on the ground in SVB this spring will be the most talent ever assembled on a nickel hunt in Canada for a long time. Not only do you have TECK's top guns with a track record of success all over the world, but now with Donner's recent heavyweight appointments, you also have geologists who were instrumental in successfully tracking down the nickel in the Eastern Deeps - one of the richest nickel discoveries in the world (over a 6-7 km stretch). 2. A thin layer of 12% nickel (3 1/2 ft.} the richest ever discovered in Canada. 3. A new deep drill (this rig was rumored to be too heavy for choppers to left late last fall). I would think that 12% nickel had to be injected in liquid form from some major source . When the first deep drill hole passes below that thin layer of 12% nickel seeking the motherload, it should be an interesting couple of days. I am told the whole SVB area was full of cracks and faults from the north in the Northern Abitibi/Donner region down across NDT and LAB Intl. region into the Cypress area to the south. SVB should make an for an interesting season.