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

To: Ed Pakstas who wrote (4053)	4/16/1998 5:26:00 PM
From: Famularo	Read Replies (1) \| Respond to of 11676

Donner Minerals Ltd DML Shares issued 26,161,058 Apr 15 close $2.60 Thu 16 Apr 98 Acquisition The VSE has accepted for filing documentation pertaining to a letter agreement dated February 27 1998, whereby the company has the option to acquire from Thistle Creek Resources Inc, the remaining 50% interest in 317 mineral claims known as the Thistle II claims, in the Pants Lake area, Labrador, Newfoundland. Consideration is 500,000 shares of the company in two equal tranches. The first tranche of 250,000 shares is to be issued upon exchange acceptance and the second tranche upon completion of a substantial exploration program with expenditures of $1,000,000 on the property and filing an acceptable technical report with the exchange recommending further work on the property. This purchase will give the company a 100% interest in the property subject to a 1% nsr royalty retained by Thistle Creek Resources Inc.

To: Ed Pakstas who wrote (4053)	4/16/1998 5:26:00 PM
From: Ed Pakstas	Respond to of 11676

From CC's Cup... NORTHERN ABITIBI MINING ("NAI-Y") DONNER MINERALS ("DML-V") - Northern Abitibi Mining and Donner Minerals have approved an $5.8M 1998 Exploration Program and Budget for their 358 claim (5728 hectare) jointly owned base property located in the South Voisey's Bay area of Labrador. The majority of this budget is for a major diamond drilling program, scheduled to commence by the end of April, using two drill rigs. The initial 9,400 metre (30,480 foot) phase of drilling on the NAI property is designed to extend the Voisey's Bay style base metal mineralization discovered in three diamond drill holes in the 1997. The project is a 50/50 joint venture, and NAI and DML will fund the 1998 exploration costs equally. All field exploration work will be managed by Teck Exploration Ltd. under supervision of DML as the Operator of the exploration program. The overall budget for the South Voisey's Bay Project has been increased to almost $15.0 M, with approx. 40% of the budget devoted to the NAI/DML joint venture property.