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Gold/Mining/Energy : CUMBERLAND RESOURCES (CBD) -- Ignore unavailable to you. Want to Upgrade?

To: Bob Pressler who wrote (27)	3/30/1998 4:17:00 PM
From: Claude Cormier	Read Replies (1) \| Respond to of 393

SOme news on CBD. Drilling has started at Meadowbank. The goal is to drill a resource of 2M ounces during the spring campaign. WMC is coming up next week with its pre-feasibility on Meliadine. It is also starting to drill there with a budget of more than $7M. As much as 5 drill rigs will be operating there by early May. The goal is to firm up the 3.2M ounces of resources already discovered and increase the resources by exploration of new targets. The next 6 months will be exciting. CC