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Gold/Mining/Energy : Zappa Resources ZPA vancouver -- Ignore unavailable to you. Want to Upgrade?


To: morrie who wrote (486)7/20/1998 9:56:00 PM
From: dean poets  Read Replies (1) | Respond to of 3198
 
Hey guys we must either have crappy drill results coming out, or else Zappa's president is keeping things awful quiet!

Only a couple more days till results are released, and then things might finally get going.

About 2 years ago, 2 weeks before the Bre-x fiasco was announced, Cambior released assays from the Laplata property in Ecuador. The initial southern extension hole 96-09, discovered an 8.7 meter thick section with grades averaging 11.1 grams Gold/ton, 112 grams Silver/ton, 3.8% Copper, and 12% Zinc, and 2.4% lead. Zappa's shares rose on the news to around 84 cents per share, things looked like they were getting ready to take off.

A couple years later, the lense has been extended, great results have continued to come out, yet Zappa trades at 20 cents per share today. Drill results are pending any day now, and I personally think people should take a chance on an honest company with awesome potential!

Dean



To: morrie who wrote (486)7/22/1998 9:50:00 PM
From: G.T.  Read Replies (3) | Respond to of 3198
 
Hi Morrie, results out on the holes. 98-23 extends high grade zone for a total distance of over 250m along strike highlighted by 14% Cu over 9.8m
Hole 98-24 encountered ore grade mineralization over 32m, only 10m from the high grade zone. First time in two years of drilling that new zone below the high grade has been encountered.
Cambior is to start drilling August 1.
Will be interesting to see if the high grade zone has lead to the discovery of a much larger lower grade system.