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

To: bill718 who wrote (4093)	8/7/1998 4:54:00 AM
From: bill718	Respond to of 4718

Scotia Capital Markets, EQUITY RESEARCH: Scotia mentioned ANZ under "Golds Views and Values", in a recent equity research publication, and here is what they said: "A pre-feasibility study has been started on the Jambi zone of the Ojolali property, Sumatra (76.5%). The Jambi zone hosts a resource of 180,000 oz. Au equivalent in 2.5 million tonnes based on 31 holes. The zone forms a hill, so could be open-pitted at very low cost. A preliminary resource on the nearby silver-rich Tambang zone has been calculated at 825,000 oz. Au equivalent , of which 75% is silver, in 9.876 million tonnes at a 1 g Au eq cut-off.