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Gold/Mining/Energy : Alexander Resources Int. (AWS-Alberta) -- Ignore unavailable to you. Want to Upgrade?

To: Don Armiento who wrote (37)	5/26/1998 7:42:00 PM
From: Brad Danchuk	Read Replies (1) \| Respond to of 49

Don, we may have to wait a wee bit for a drill program, but at least the cash is there to do it... Alexander News International Inc - $250,000 private placement Alexander News International Inc AWS Shares issued 4593465 1998-05-25 close $0.27 Tuesday May 26 1998 Mr. Donald O'Sullivan reports The company has completed the private placement of 500,000 shares at 50 cents for net proceeds of $250,000, through an individual investor. Proceeds have been directed to the exploration of the company's 34,202 hectares on the Harare-Shamva Archean greenstone belt, 70 kilometres north of Harare, the capital of Zimbabwe. Phases one and two of the exploration program have been outlined. Five targets have been identified which require drilling: Foot 22 claims, Denham claims, Bulldog mine, Glendale Stock West and the Glendale Stock East. The Foot 22 and the Denham claims have returned grades of 99 g/t Au and 32.6 g/t Au respectively, through trench sampling. The combination of the geology, mineralization and airborne geophysics indicate that the property has potential for hosting a substantial gold deposit. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)