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To: Paul Gast who wrote (38)6/10/1998 1:28:00 PM
From: Kent C.  Read Replies (1) | Respond to of 148
 
GALLERY RESOURCES LIMITED
E-MAIL ADDRESS; info@gallery-gold.com
WEBSITE ADDRESS; gallery-gold.com
____________________________________________________________

Trading Symbol "GYR" - ASE

For Immediate Release:
June 10, 1998

EXPLORATION UPDATE

Gallery Resources Limited of Vancouver, B.C. reports a Large Loop electromagnetic UTEM 3 surface geophysical survey was completed this weekend on its Okak Bay property In northern Labrador. A gridded area, which consists of 90 kilometres of grid lines established by work crews in late May, and was surveyed by Lamontagne Geophysics of Kingston Ontario.

The survey, which is the first phase of planned exploration for this years field work also included an electromagnetic borehole UTEM 4 survey of hole OK-M1 to a vertical depth of 1500 metres (4915 feet). The results of the surface UTEM 3 and borehole UTEM 4 surveys being interpreted by Lamontagne will be available later this month. These results will be used to carry out further drill testing of a coincident electrical and magnetic anomaly occurring on the property. This anomalous zone has been the focus of Gallery's exploration activities in northern Labrador during the past 3 years. This exploration work on the Okak Bay project has yielded very encouraging results to date.

Mr. Bruce Costerd reports, that he has been advised by project manager Victor French that Lamontagne Geophysics survey crew is presently being mobilized to the Harp Lake 2 project located 175 kilometres south of Okak Bay. A large loop UTEM 3 surface survey will be carried out over the next few days with the results being made available later this month. The work crews have been establishing 40 kilometres of grid lines over the Harp Lake 2 property from which other geophysical surveys will also be carried out. The information from the various geophysical surveys will be used in directing a second phase diamond drilling scheduled to commence in July.


Bruce Costerd
President & CEO

FOR MORE DETAILED INFORMATION ABOUT THE COMPANY
gallery-gold.com or investor1.com

NEITHER THE ALBERTA STOCK EXCHANGE NOR ANY OTHER REGULATORY BODY HAS APPROVED OR DISAPPROVED THE CONTENTS OF THIS RELEASE.



To: Paul Gast who wrote (38)7/24/1998 11:45:00 PM
From: dean poets  Respond to of 148
 
Check this companies results out, and make your own assessment!

Zappa Resources Ltd -

Drilling to continue at La Plata

Zappa Resources Ltd
ZPA
Shares issued 23,569,790
1998-07-21 close $0.17
Wednesday Jul 22 1998
Mr. Albert Gerry reports
Drilling is to continue on Zappa's La Plata massive sulphide project in central
Ecuador, as step-out hole 98-23 struck a rich intersection. Hole 98-23 drilled 50
metres south of hole 97-20 contained the following assays:

LENGTH AU AG CU ZN PB
(m) g/t g/t % % %

Hole 98-23

From 388.2 to 398.0 metres
09.80 2.59 69.50 14.31 1.70 0.17
Or 388.02 to 401.00 metres
12.15 2.15 54.50 11.14 1.37 0.14

Hole 98-24

From 411.30 to 414.55 metres
3.35 2.47 53.50 00.19 4.80 1.00
And 423.20 to 428.00 metres
4.80 0.96 27.80 00.52 6.79 0.28
And 432.00 to 441.00 metres
9.00 1.34 25.80 00.36 3.88 0.43
Or 407.00 to 443.00 metres
36.00 1.19 22.50 00.38 2.46 0.29

Drill hole 98-25 went over the top of the anticline of the mineralized level. Its
vertical extent was previously unknown.
The three hole vertical fence drill program was designed to define the extent of the
massive sulphide lens. Management considers the successful hole 98-23 as a key
indication that the lens is dipping and open to the south. The next three holes will
repeat the vertical fence by stepping out 50 metres south of hole 98-23. Drilling is to
commence August 1.
Cambior, the operator and optionor, has to date spent approximately $1.7-million of
its required $2-million by November 1998, to earn 51 per cent of the La Plata
project. At Zappa's option, Cambior can earn up to 56 per cent of the project by
completing a bankable feasibility study. At Zappa's option, Zappa can be carried to
full production by allowing Cambior to earn an additional 15 per cent or 71 per cent
of the project.
Since Zappa's last news release on La Plata (see Stockwatch dated June 10, 1998),
the Ecuadorian government has indicated that south of Zappa's existing La Florida
and Henri concessions, national park boundaries have been documented. This park
is more than 2.5 kilometres from the discovery and the park does not hinder the
development program. The park does, however, overlap Zappa's pending southern
Campo Alegre and San Florencio concessions. Upon meeting with the secretary for
the Ministry of Mines, the right to explore and mine underground in these
concessions is being considered.
Zappa's negotiation for the sale of Ponce Enriquez gold properties to Ecuadorian
Minerals is proceeding and it is anticipated that Ecuadorian will complete its due
diligence shortly. An extension has been granted until the end of August.