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

To: Eva who wrote (12555)	5/4/1998 7:07:00 AM
From: Kim W. Brasington	Read Replies (2) \| Respond to of 20681

To All: I would like to address several items, before I'm gone to work for the next 14 hours. Standard Fire Assay has changed the way Naxos can approach Franklin Lake. It is a known and understood methodology. For many years Naxos did not have the ability to Fire Assay Franklin Lake material. Now, there is a vehicle that Naxos can develop a composite picture of the playa. The drill program (which is an ambitious one) will provide the material for the assays. By so doing Naxos, plans to develop a resource body. The grade of precious metals and the frequency of grade, if good, should bring favorable attention to Naxos. Chain of Custody in conjunction with the SFA is used to give credible weight to those looking at Naxos. Mr. John Norton has orchestrated much of the technical side of Naxos' new approach to the building of a geological picture of Franklin Lake. He has been in charge of several projects that have gone from grass roots exploration to production. That is a rare spectrum in the U.S. mining industry, and is a potent plus for Naxos. Testing is ongoing by Dr. Johnson. Naxos sees the Johnson/Lett process as one of several approaches to the technical challenge of Franklin Lake. The new management of Naxos has opted for a "both and" approach to testing. Regards, Kim W.