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

To: go4it who wrote (11577)	4/8/1998 1:47:00 PM
From: Kim W. Brasington	Read Replies (1) \| Respond to of 20681

Charles: I don't know that BD or anyone has been contacted yet for a pre-feasibility study. Bids will be sent out when that takes place. Reserve calculations would "probably" be based on holes that were drilled approximately 100 feet apart. I state probably because that is a ball park figure that will be dependant on geology, grade continuity and consistency. Once further drilling is done, and it becomes apparent what is there at Franklin Lake, then the drill step outs could be farther apart. Regards, Kim W.