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

To: gordon m. who wrote (2240)	7/14/1998 10:15:00 AM
From: JP	Read Replies (1) \| Respond to of 4256

<<Have you or anyone found a map which shows the fault system as mentioned above which hosts ACA's northern kims. , and these new targets on MEO's Legend block ; .... on any web sites ???>> For maps check out www.troymin.com they show some info that is useful. P. Powers said that you can see the fault line on the surface. For this you can go to www.axionspatial.com and look at the online 3D Atlas. Or go to your local Chapters Bookstore and get a copy of the Atlas for $40. It shows all the surface contours in the area. Personally, I think that Lake Athabaska may be sitting on the fault and be an extension of it but that is just my hunch. JP

To: gordon m. who wrote (2240)	7/14/1998 10:31:00 AM
From: Jesse	Read Replies (3) \| Respond to of 4256

Hi Gordon, long time no hear! First, I am certainly no expert! I'll offer a couple comments, don't know if they'll be helpful. Re. a map w/ fault structures, I don't know if much is publicly available, detailed anyway, without some good coin. If anyone knows otherwise, I hope they'll speak out! Re. the Legend block-- in looking at bedrock and drift maps of the region, the only area that really looks drillable (to me) is the southeast corner, meaning, this portion doesn't look to be under prohibitive depths of overburden [-the geology is another thing]. Mind you, that area in the SE is still a large area of land (we're dealing with huge claim areas here). Also, the Peace River Arch axis runs up that way (terminating just south of the SE corner). Montello reports, The Legend block is approximately 50 kilometres east of the main Ashton Discovery block. The SE corner I speak of is actually about 125km east of the Ashton discovery block, and about 170km NNE of the actual Ashton discovery kimberlites. MEO also says, One of the targets shows as a magnetic high of 410 nT with dimensions of approximately 400 metres x 400 metres. This is a very strong anomaly. I don't know what that means, tho. The Alberta Ashton anomalies are said to be in the 10-30nT range (nano tesla). Re. the rumoured deal with Kennecott, Montello needs it if they wish to fund more drilling, as things stand. Their treasury is getting low. Consider that their recent GST refund cheque helped their T out significantly. - Outstanding shares-wise, there is getting upwards of 45mil, FD. If and when MEO drills, this go round they will be RC drilling first, which means less squandering of money. If Kennecott makes a deal with them, I would imagine they would want a piece of Montello's Nina block (NW) too, which may have some sweet targets on it. But if MEO's smart, they will not deal more of that piece away without a fight. Best of luck, -j :>