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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough! -- Ignore unavailable to you. Want to Upgrade?

To: Bob Bryenton who wrote (2338)	7/22/1998 10:47:00 AM
From: Lilian Debray	Read Replies (1) \| Respond to of 5206

Bob, someone else may have contacted the company since the AGM and have more current information, but this is what was reported from that meeting. 1. When can we expect to hear about drilling for this year, if any? What size? and which kimbs? Drilling should start in September. 7 holes have been mentioned, probably around the targets that have produced the best results so far. 2. How will this drilling be financed and do we have a "Have to have money for drilling" date? Will it be though a PP, rights offering, Flow through... ? They have planned a flow through, the entire money would then have to go to drilling. Another private placement is planned for other costs. 3. When and what kind of promotion is managment planning? What is the cost of this promotion, and where are the dollars coming from and how long can they be expected to last? (I know about the last recent financing) A CD ROM and 3500 brochures are in production, that will be sent to brokers and financial advisers. There are plans to hire an IR and a promoter.