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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (508)	7/20/1998 10:25:00 AM
From: Zardoz	Read Replies (1) \| Respond to of 1707

Major General Resources Ltd - Progress at South Voisey Bay Major General Resources Ltd MGJ Shares issued 35,463,847 1998-07-17 close $0.36 Monday Jul 20 1998 Mr. Harvey Keats of Donner Minerals reports A total of 1,831m has been drilled in three holes (97-92, 98-107 and 98-109) on thee Major General/Donner joint venture. A fourth hole (98-112) is in progress to test a discrete gravity anomaly. Hole 97-92 was deepened from 372m to 1097m and remained in gabbro to its termination depth. It has been interpreted that hole 97-92 encountered a 200m - 300m wide, north-south striking, sub-vertical feeder dyke. Hole 97-107 was drilled to 547m and hole 98-109 was completed at 559m. All three holes were drilled from the same collar location. Hole 98-107 drilled at -60 degrees to the southwest and hole 98-109 drilled at -60 degrees, at azimuth 080 degrees, both encountered a thickened unit of gabbro before intersecting the underlying gneiss. Hole 98-107 encountered contaminated and mineralized olivine gabbro, including 0.2m of massive sulphide containing particularly anomalous concentrations of nickel and copper. Significantly, both holes encountered several narrow gabbroic dykes, including one 12m wide, within the gneiss. These dykes are interpreted as offshoots from the main feeder identified in 97-92 and possible conduits for nickel-copper sulphides to the base of the olivine gabbro. The identification of a feeder and related dykes is an important step towards understanding the South Voisey Bay project and will help focus the exploration for a significant thickness of massive sulphides at the base of the olivine gabbro and within the feeder dykes. PEM has identified a strong anomaly in the southwest corner of the Major General/Donner area and the adjacent Northern Abitibi/Donner ground, southwest of the 0.2m thick massive sulphide intersection in 98-107. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com