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Gold/Mining/Energy : Caussa Capital (formerly Antares) T.CAU -- Ignore unavailable to you. Want to Upgrade?


To: bill718 who wrote (3691)7/1/1998 8:10:00 AM
From: Luc Beaugrand  Respond to of 4718
 
Take a close look at the following holes...

i) Antares CZ98-09 and Prime NEX95-11
ii) CZ98-12 and NEX95-14
iii) CZ98-14 and NEX95-16

********************************************************************
PRIME

Hole From To Width Gold Silver
Number (meters) (meters) (meters) (grams per tonne)(grams per tonne)
NEX95-1152.0 53.0 1.0 9.7 725
NEX95-1375.8 78.8 3.0 52.5 1146
NEX95-14135.5 137.9 2.4 19.4 2899
NEX95-1659.6 61.0 1.4 13.2 1350

--------------------------------------------------------------
ANTARES
Hole Interval Width Gold (Au) Gold (Au)
number (metres) (metres) (grams/tonne) (ounces/ton)
---------------------------------------------------------------
CZ98-09 11.6 - 12.0 0.4 1.99 0.058
080 degrees 49.0 - 63.5 14.5 0.82 0.024
at -45 57.0 - 57.5 0.5 6.52 0.190
degrees E 62.2 - 62.4 0.2 8.15 0.238
81.7 - 98.4
includes:- 16.7 2.50 0.073
82.1 - 88.8 ) 6.7 5.24 0.153
82.1 - 86.4 ) 4.3 6.64 0.194
82.1 - 83.9 ) 1.8 10.20 0.298
82.1 - 82.3 ) 0.2 70.00 2.041
83.7 - 83.9 ) 0.2 20.30 0.592
84.2 - 84.7 ) 0.5 3.49 0.102
84.7 - 84.9 ) 0.2 2.56 0.075
87.3 - 87.8 ) 0.5 5.34 0.156
T.D. 129.5
metres 85.8 - 86.4 ) 0.6 10.94 0.319
88.8 - 98.4 ) 9.6 0.65 0.019
---------------------------------------------------------------
CZ98-10 31.85 - 41.36 9.51 1.40 0.041
080 degrees 37.73 - 40.75
at -60 includes:- 3.02 2.98 0.087
degrees E 37.73 - 37.92) 0.19 17.30 0.505
40.08 - 40.23) 0.15 22.80 0.665
65.35 - 72.42 7.07 0.85 0.025
89.49 - 96.38 6.89 0.75 0.022
104.03 - 108.39 4.36 0.48 0.014
T.D. 140.2
metres 117.96 - 118.90
includes:- 0.94 8.12 0.237
118.20-118.38) 0.18 41.10 1.199
---------------------------------------------------------------
CZ98-11 12.5 - 13.0 0.5 1.68 0.049
270 degrees 20.5 - 21.0 0.5 3.25 0.095
at -48 32.0 - 33.0 1.0 0.79 0.023
degrees W 35.5 - 36.0 0.5 1.13 0.033
38.0 - 38.5 0.5 0.92 0.027
41.50 - 42.5
includes:- 1.0 2.57 0.075
41.5 - 42.0 ) 0.5 3.55 0.104
86.5 - 87.5 1.0 0.68 0.020
96.0 - 97.5
includes:- 1.5 1.61 0.047
T.D.159.7
metres 96.5 - 97.0 ) 0.5 4.28 0.125
108.5 - 109.0 0.5 1.81 0.053
---------------------------------------------------------------
CZ98-12 54.5- 57.0 2.5 1.37 0.040
270 degrees 78.0 - 81.5
at -60 includes:- 3.5 1.47 0.043
degrees W 81.0- 81.5 ) 0.5 4.47 0.130
84.0 - 84.5 0.5 10.3 0.315
88.8 - 90.0 1.0 2.50 0.073
93.5 - 115.0
includes:- 21.5 3.05 0.089
93.5 - 95.0 ) 1.5 0.82 0.024
101.0 - 102.5 1.5 0.82 0.024
108.0 - 111.0
includes:- 3.0 18.7 0.545
108.5 - 108.5) 0.5 26.5 0.773
108.5 - 109.0) 0.5 9.7 0.283
109.0 - 109.5) 0.5 19.1 0.557
109.5 - 110.0) 0.5 35.6 1.038
110.0 - 110.5) 0.5 9.4 0.274
110.5 - 111.0) 0.5 11.9 0.347
T.D.175.9
metres 111.0 - 113.0 2.0 1.54 0.045
---------------------------------------------------------------
CZ98-13 49.53 - 49.83 0.30 1.12 0.033
270 degrees 56.69 - 57.30 0.61 12.20 0.217
at -72
degrees W

T.D. 139.6
metres 89.37 - 91.14 1.77 0.65 0.019
---------------------------------------------------------------
CZ98-14 20.0 - 20.50 0.5 0.53 0.015
072 degrees 40.50 - 43.75 3.25 5.24 0.153
at -45
degrees E
Hole 1 metre
offset from 40.50 - 42.25
hole CZ97-08. includes:- 1.75 8.84 0.258
41.00 - 42.00) 1.0 14.66 0.428
87.0 - 94.50
includes:- 7.5 0.82 0.024
87.0 - 89.50) 2.5 1.30 0.038
T.D 144.8
metres 95.5 - 96.0 0.5 0.52 0.015
109.25 - 109.75 0.5 4.78 0.139
---------------------------------------------------------------
CZ98-15 31.24 - 34.50 3.26 0.65 0.019
170 degrees 37.34 - 44.93
at -45 includes:- 7.56 1.23 0.036
degrees S 39.96 - 44.93) 4.97 1.64 0.048
39.96 - 40.36) 0.4 3.05 0.089
43.28 - 44 93) 1.65 2.81 0.082
Hole drilled 44.50 - 44.93) 0.43 5.34 0.156
perpendicular 49.41 - 50.20 0.79 9.07 0.265
to other 59.13 - 59.86 0.73 3.15 0.092
holes. 64.16 - 65.84 1.68 1.00 0.029
67.97 - 69.19 1.22 1.27 0.037
79.07 - 82.36 3.29 0.86 0.025
96.47 - 97.84 1.37 1.30 0.038
99.67 - 102.17 2.50 1.95 0.057
138.53 - 138.84 0.31 14.5 0.423
T.D. 147.8
metres 140.76 - 141.21 0.45 5.52 0.161
145.79 - 146.51 0.72 5.18 0.151
--------------------------------------------------------------



To: bill718 who wrote (3691)7/1/1998 10:19:00 AM
From: Donald F. DeKold  Read Replies (1) | Respond to of 4718
 
Although we didn't have a second hole wonder to back up CZ9708, I am moderately encouraged by the results of this season's first returns. The fact that the geologists believe they are drilling in the periphery of the main deposit lends hope that additional drilling this season will return much better results.

As to the motivation for siting these holes, "away from the action." as Fixer points out, I hesitate to conclude that it was a stalling action by management, since I feel they want as badly as do we to get the share price up. It is encouraging to see the continued accumulation of shares that took place yesterday (again over 300,000 shares) just prior to the news. Somebody must feel pretty strongly about Antares future success, or why the continued buying?

It is time to look forward to the next set of holes. Hopefully the first holes of this season will enable siting over more prospective ground.

It appears there could be some serious gold in the Toodoggone. Let's pray that the mother lode can be found before the money runs out. And what about the other metals, Cu, Zn, Pb, etc? Will their presence be significant?

Don



To: bill718 who wrote (3691)7/1/1998 3:13:00 PM
From: Mike G  Read Replies (2) | Respond to of 4718
 
What does this fellow Hawkins look like, have you met him? I'm wondering if this is the same geologist that I sat next to on the plane when I was going to Prince George 2 years ago. He said that this site (AGC Americas Gold Corp) was a good one.

MIke G