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

To: bill718 who wrote (3869)	7/22/1998 9:57:00 AM
From: LenB	Read Replies (2) \| Respond to of 4718

So, what does this recent news mean - it looks like its only confirming more loss. Yep - it's a lousy gold market and yep - we lost alot more money. I was in at .34 - I expect that this news will help it break the .16 to .18 mark soon after we've broken one fifth. By 07-31 I'll be averaging down again.... Any other perspectives ? I'm still hoping for the silver lining...

To: bill718 who wrote (3869)	7/22/1998 3:37:00 PM
From: john	Respond to of 4718

<In 1884, after working 4 yrs. for a C.A. firm, he joined the investment division of a major S. African insurance company.> 1884 the guy's as SENILE as Dennis Gray, I can see it all now two guys in rocking chairs on the porch, just like the Bartle and James commercial. LOL or its always been Ford... say what's your name........ Dennis, yeah I think so............... go Antares.......... .21 whole cents yippee!!!!!!!!!!!!! Golly, I am glad I do not own any Sceptre, they have a "SENILE" PERSON MANAGING THEIR FUNDS.............

To: bill718 who wrote (3869)	7/23/1998 12:33:00 AM
From: Bay Street Rat	Read Replies (4) \| Respond to of 4718

Bay St. rumour (no more, no less)... There are discussions of a major play in motion with indications of more to come from ANZ's Indonesian property. A press release is anticipated. BSR

To: bill718 who wrote (3869)	7/28/1998 2:37:00 PM
From: bill718	Read Replies (1) \| Respond to of 4718

NEWS: Commencement of Phase Two of the 1998 Program at Creek Zone AGC- Americas Gold Corporation (AGA-VSE) and Antares Mining and Exploration Corporation (ANZ -TSE) are pleased to jointly announce that the phase two 1998 drilling and exploration program on their joint venture property in Toodoggone, North Central B.C. commenced on July 21, 1998. The Joint Venture recently completed the phase one of the 1998 program on the Creek Zone. Phase one consisted of a seven hole diamond drill program and 10,000 metre ground electromagnetic surveys. Analysis of the drill results, when correlated with the ground electromagnetics, aeromagnetics, Induced Polarization and geochemical surveys, indicated several areas of coincident and mineralized anomalies. Hole CZ97-08 and holes CZ98-09 to CZ98-15 showed encouraging mineralization throughout the cores. These holes are apparently located on the western rim of a large mineralized halo. The electromagnetics and aeromagnetics confirm the existence of a very pronounced magnetic low to the north of holes 8 to 15. This persistent magnetic low extends 700 metres to the south along the axis of the host structure. The low magnetics strongly suggest an alteration zone, indicated by the depletion of magnetite from epithermal incursion up and along the controlling Creek Zone structure. The I.P. low coincides with the mineralization identified as disseminated pyrite with associated gold values. The Phase Two drilling program will be conducted with AGC Americas Gold Corp as the Operator for the balance of the 1998 exploration season. Joint planning of this program, was conducted by AGC and Antares with the assistance of Excalibur International and Strathcona Minerals. The Joint Venture has defined seven major targets of interest in the Creek Zone. Taiga Resources of Calgary are the project managers of the current program. Taiga have indicated that they will have confirmed the drill targets for Phase Two and commenced drilling by the first week in August. NO STOCK EXCHANGE, SECURITIES COMMISSION OR OTHER REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

To: bill718 who wrote (3869)	7/28/1998 2:46:00 PM
From: bill718	Respond to of 4718

NEWS: Prefeasibility study commences on Jambi zone Antares Mining and Exploration Corp ANZ Shares issued 18,992,219 Jul 27 close $0.19 Tue 28 Jul 98 News Release Mr. Dennis Gray reports A prefeasibility study has commenced on the Jambi zone of the company's 76.5 per cent owned 32,004 hectares Ojolali property in southern Sumatra, Indonesia. Two drills are working on the Jambi zone with the objective of advancing the existing preliminary resource on this zone to the proven category. The preliminary resource estimate at the Jambi zone, using a marginal gold equivalent cut off grade of one gram per tonne, is as follows: Tonnage Au g/t Ag g/t 2,494,922 1.96 16.0 The above preliminary resource estimate is primarily based on the completion of 31 diamond drill holes totalling 3,256 metres on the Jambi zone. A 58 hole infill drilling program is now under way on 25 metres spacing, of which 14 holes involving 838 metres of drilling have already been completed. A metallurgical testing program is also under way aimed at determining the expected precious metal recovery. The Indonesian Ministry of Mines has agreed in principle to grant a single COW on the entire 32,004 hectares of the Ojolali property. The granting of the COW agreement in principle on the Ojolali property has enabled Antares to apply for a SIPP licence on the property and following the grant of the SIPP, Antares plans to begin preliminary exploration on the hitherto unexplored 29,760 hectares portion of this property which is over 13 times as large as the 2,244 hectares area of the property where it's activities have thus far been confined. In addition to Antares' 76.5 per cent ownership of the Ojolali property, carried interests in the property are held by Coleville Resources and Indonesian partners of 13.5 per cent and 10 per cent, respectively. The Jambi zone is a prominent conical or hill feature in the north east quadrant of the Ojolali property. Antares' attention was first drawn to this zone by the presence of auriferous rubbly scree on the slopes of the hill. The location of this zone within a hill suggests a potential favourable stripping ratio. Gold at the Jambi zone is hosted in brecciated, oxidized and argillically altered volcanic breccias and tuffs. The best grades are encountered above the base of oxidation suggesting supergene enrichment of leaner protore. Geological mapping to the north and east of the Jambi zone has revealed similar geologic phenomena which, with more detailed investigation, may add to the presently outlined resource. Assuming positive outcomes to the Jambi prefeasibility study and to a subsequent full feasibility study, Antares' strategy is to use part of the proceeds from the sale of its interest in Rappa Holdings (Proprietary) Limited to bring the Jambi zone to production in a debt free manner. The sale of Rappa is expected to close during the first week of October yielding approximately $3.1-million in cash and marketable securities to Antares. Assuming the Jambi zone is economic, the recoverable gold could be mined over an approximately two year period. Part of the cash flow therefrom would be made available to further develop the property, including additional work on the Tambang zone, which contains the following preliminary resource identified to date: Cut Off Gold Equivalent Grade Tonnage Au g/t Ag g/t 1.0 gram 9,876,192 0.61 109 2.0 grams 4,067,462 0.73 192 Recent drilling completed at the Batu Kuning zone, prior to the transfer of the drill involved to the Jambi zone, yielded the following results: Interval Width Au Ag (m) (m) g/t g/t BKH - 018 29 - 33 4 1.31 52 BKH - 019 19 - 21 2 1.31 227 BKH - 020 68 - 72 4 3.78 113 BKH - 021 166 - 168 2 12.25 2,245 BKH - 022 37 - 38 1 2.42 4 Further drilling at Batu Kuning has been deferred until such time as the infill program at Jambi is completed. In addition to its ownership in an operatorship of the Ojolali property, Antares has a 37 per cent interest in the producing Lady Lina gold mine in Zimbabwe; an approximate 39.6 per cent interest in the Toodoggone property in north central British Columbia; and a $2,000,000 investment in Steppe Gold Resources.