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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?

To: Sam who wrote (403)	4/27/1998 6:42:00 PM
From: Flea	Read Replies (1) \| Respond to of 1707

Major General Resources Ltd - Encouraging results from Despinassy drilling Major General Resources Ltd MGJ Shares issued 33186119 1998-04-27 close $0.44 Monday Apr 27 1998 Mr. Glenn Shevchenko reports Encouraging results have been reported from the first seven drill holes (1,389m) completed by Cameco Gold on Major General's Despinassy property. Numerous quartz veins with gold values exceeding 1 g/t were encountered in holes 98-4, 98-5 and 98-7. The best intervals included 2.2 g/t Au over 2.6m, 4.9 g/t Au over 1.2m, and 9.9 g/t Au over 0.3m. The gold-quartz veins are contained within two wide, parallel deformation zones and are associated with two distinct felsic porphyries. The deformation zones have been traced along strike for over 1.8km by drilling and appear open ended. Located 70km north of Val d'Or, the property covers an extensive deformation zone in volcanic rocks of the Abitibi Greenstone belt. Drill holes were targeted to test the known gold bearing structure as well as new IP anomalies outlined by a geophysical survey completed early this year. Cameco intends to complete further geophysical surveys later this year in preparation for future drilling.