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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?


To: Buckey who wrote (5465)6/23/1998 9:49:00 PM
From: Ron Waller  Respond to of 11676
 
John and All: Talked to Mitch at Cypress today...

He said they are currently drilling at 1,000 metres on hole #2 on CYP property. Hole # 1 encountered semi-massive sulphides at the base of the gabbro depth of approximately 1,000 metres, less than 1% nickle over approximately 15meters and similar has been encountered on # 2 hole which they are currently continuing on which he said they have no percentages on yet.

He mentioned that they had recorded trocolite and pyorite (not sure of the spelling) in olivine gabbro. He said Teck is continuing to go deeper on # 2 hole currently.

He said that the company would likely issue a joint news release with Donner when they had completed hole number 2 or when they had significant news to report.

Lets hope that they hit more massive or semi-massive stuff on hole # 2!

Patience should be rewarded here IMHO! Good Luck to all, Ron.