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

To: Earlie who wrote (22)	8/9/1998 11:22:00 PM
From: Andreas Lichtblau	Respond to of 34

Earlie: I think we can safely go with the announced, recommended, budget of 20,000m of NAR's Press Release of June 18, 1998 nar-resources.com That equates to about 55-75 holes between 250m and 350m depth. From what I heard last week, the 2nd drill rig should start up this week; with a third one mobilizing. With the added $900,000, the program will focus on drilling and downhole geophysics when individual holes are completed. There's really not much else to do at this stage: surface mapping/geochemistry/geophysics has been done: so it's time to pin the Massive Sulfides down with a drill hole through the middle!! Like any major, Falconbridge produces in-house month-end reports, but these, I assume, aren't for publication, not even to NAR. But if there's a discovery, which would materially affect NAR, they would be obligated to release the news.....but I doubt anything else would make them publish.