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Gold/Mining/Energy : ECHARTERS -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (2611)	5/15/1998 12:33:00 PM
From: chevalier	Read Replies (1) \| Respond to of 3744

Sorry to hear about your system. It's a shame that we are at the mercy technology. Thanks for the reply on BIL. One other question. Others have stated their opinion that they think there is limited potential to add ounces. I see an anomoly that is 5 km in length by 1.5 in width with only 2 smallers sections partially drilled. Am I missing something. BIL is a better stock to own in this market than AMC because of the superior share structure and the ability of the company to promote. Thanks ari

To: E. Charters who wrote (2611)	5/19/1998 12:36:00 PM
From: chevalier	Read Replies (1) \| Respond to of 3744

Thought you might be interested in these drill results. Ridgeway can sure produce the goods: rilling results from Cerro Blanco, Guatemala Mar-West Resources Ltd MSR Shares issued 16,600,000 May 15 close $1.20 Tue 19 May 98 News Release Mr. Simon Ridgway reports Mar-West Resources has released the initial drill results from the 100 per cent owned Cerro Blanco project in Southeast Guatemala. Drilling commenced on April 17, and to date, five holes have been completed. Results have been received for drill holes CB-1 and CB-2 and are tabled below. Both holes cut a wide interval of gold mineralization associated with a large breccia diatreme system. The mineralization has been traced on surface for a distance of three kilometres and is associated with a thick sequence of hot spring sinter and breccia bodies. Holes 1 and 2 were collared on section line 7100N and both terminated in strong gold mineralization. The width of the zone is unknown but is a minimum of 100 metres wide. A thin veneer of younger rock masks the mineralization and makes the size of the zone difficult to determine. The IP geophysics indicate the main target could be up to 300 metres wide. Gold Hole From To Length grade No. (m) (m) (m) (g/t) CB-1 25.9 99.1 73.2 0.75 CB-2 21.3 132.6 111.3 1.48 Including 82.3 132.6 50.3 2.57 The distribution of the gold is uniform within the mineralized zones and the average grades reported are not related to narrow zones of high grade. As noted above, the gold grades in CB-2 increase with depth indicating the zone is open in all directions. Drilling is being conducted with a reverse circulation drill. All holes to date have been drilled without encountering water and thus have a negligible chance of down hole contamination. Samples are collected every five feet down the hole and are shipped from the project to a sample preparation laboratory operated by TSL Laboratories in Tegucigalpa, Honduras. After preparation, the samples are split and shipped to a TSL facility in Saskatoon, Canada for standard fire assay with a gravimetric finish. All of CB-2 has been shipped to a second lab in Canada for confirmation assay and those results will be available shortly. Management at Mar-West feels the Cerro Blanco is a significant discovery and clearly demonstrates the gold potential of the volcanic belt of Southern Guatemala. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com