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

To: brian krause who wrote (2807)	7/25/1998 3:30:00 PM
From: E. Charters	Read Replies (2) \| Respond to of 3744

Not great intercepts but the chief problem is the height of the structures. If they are missing and overshooting then the structures are not great in thickness vertically. The are plunging narrow ore shoots. Still 14 % copper is fair grade even for these small structures.

To: brian krause who wrote (2807)	7/27/1998 1:42:00 PM
From: dean poets	Read Replies (1) \| Respond to of 3744

Hi Brian, if you look at previous drill results, you would reallize Zappa is tracing a high grade massive Sulphide for at least 250 meters. This high grade massive sulphide lense is coming from a higher elevations, in which there was a former open pit mine operated. At depth, the lense is appearing to be getting thicker the further South Cambior drills. If you compare them to WTC's results, sure WTC is getting a lot thicker intercepts, but Zappa's NSR is gonna be a lot higher per tonne. Zappa is trading @ 26 cents per share, and WTC is around $5.00. I think Zappa has a better chance of going to $2.00, than WTC going to $10.00 in the short term. Dean