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Gold/Mining/Energy : Mutapa Gold Corporation VSE:MUA -- Ignore unavailable to you. Want to Upgrade?

To: Famularo who wrote (6)	5/9/1998 1:50:00 AM
From: Intrepid1	Respond to of 73

Hi Frank, No diamonds here I'm afraid <g>. Next week the company expects to begin drilling a major conductive zone outlined by the 1997 transient EM (DEEPEM) survey on the Little Deer Pond property on the Springdale Peninsula in North Eastern Newfoundland - The island not the mainland. Target minerals are Copper Zinc, Gold. Here is an excerpt from a press release date May 4/98 Of prime interest is a definite bedrock conductor identified by a Transient EM geophysical survey along strike parallel to the Little Deer massive sulphide deposit. Two and possibly three 8-channel conductive horizons have been interpreted with a strike length of 1.5 kilometres. The drilling of the 8-channel zones will commence approximately May 11, 1998. There is also some fairly detailed geological info at the company's website located at mutapa.com purething

To: Famularo who wrote (6)	5/12/1998 8:52:00 AM
From: Intrepid1	Read Replies (1) \| Respond to of 73

NEWS RELEASE: Drilling on Little Deer Project Begins! Mutapa Gold Corp - Little Deer drilling begins Mutapa Gold Corp MUA Shares issued 2817668 1998-05-08 close $1.5 Monday May 11 1998 Mr. David Cook reports The drilling program on the Little Deer project, Springdale Peninsula, Newfoundland, has begun. An eight-channel conductor together with two weaker, parallel conductors were identified by a transient EM (deep EM) geophysical survey carried out for the company in 1997. The stronger conductor has been traced for a length of 1.5km. The weak conductor 75m to the north of the eight-channel conductor is coincident with a former producing mine, the Little Deer massive sulphide deposit. Drilling by Brinex in the 1960s is believed to have intersected the top of the stronger conductor while deep drilling the Little Deer mine. One of these holes intersected 25 ft of 5 per cent copper. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com (I understand the first hole is 400 metres and the drill rate is approx 80 metres per day.)