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Gold/Mining/Energy : Donner Minerals (DML.V) -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (7562)	10/4/1998 9:15:00 PM
From: Clark Kent	Respond to of 11676

Donner Minerals still waiting By BRAD KEATS, Voisey's Bay News The junior exploration market is about to get a shot in the arm. Well, that's if Donner Minerals has anything to do with it. The Vancouver company is continuing to drill its south Voisey's Bay property in the hopes to revitalize an industry smothering in the dense fog of an uncertain Voisey's Bay project. Donner president Harvey Keats spoke to VOISEY'S BAY NEWS late last month. Talking about his company's activity, Keats sounds like a man who spends his time waiting for the phone to ring. "We've been exploring the outcropping portions of the gabbro, and there's an area of the property over by the suture - a big, deep-seated structure that divides the Churchill province from the Nain province to the east. If you look at Voisey's Bay, Voisey's Bay straddles that big structure. And it is important to be close to it. You don't have to be right on it, it's just that we had no gabbros near that suture, and we thought we should back over there, and look at every outcrop we could find and see whether there are any over there." This is hopefully the key they've been waiting for, Keats said. "We're not giving up exploring the rest of the property, we thought we should go over there and see if we could find something right on the suture, within a kilometre or two. And we found a few outcrops over there, and we're going to drill some holes in the vicinity of those outcrops. And we're also going to drill some widely-spaced holes up along the suture, and see if we can find something that's even closer to the Voisey's Bay model than what we have already. If there are some gabbros over there that aren't exposed, then it could put a whole new complexion on the project. That's what we're trying to do." Keats would love to find some new gabbros before winter sets in. "If we can find gabbros over near the suture that have better mineralization than we've intersected on the rest of the properties, then it sets us up for a more focused project next year. So, if we can even take that step this year - find the gabbros over there - establish that they are there, and then if the mineralization in them look different, or the chemistry of the gabbros themselves look different, that tells us that we should be here, rather than over there, then it's going to make a big difference in planning a program." Donner's stocks stand at just over 40 cents late last month. Keats said the markets are not looking good. "The markets are awful, and it's not just the junior markets, all the markets are bad. And, of course, everybody is waiting for the big discovery. We're hanging in there." There's certainly less interest in Donner than there used to be, because there's less interest in junior stocks. But Donner Mineral's still the main action in Labrador. "It's a crying shame that Voisey's Bay is still sitting there, unexplored really. The Eastern Deeps hasn't even been put into reserve category."

To: Buckey who wrote (7562)	10/4/1998 9:29:00 PM
From: The Fix	Respond to of 11676

From this weeks edition of Perspectives...... Donner Minerals (DML) donner-resources.com Northern Abitibi (NAI) gold.ca We have heard some good things on the DML and other SVB players lately, but the market activity is not confirming the rumors. DML looks ill, without much excitement or anticipation in the market. Should expect a bounce in the stock in the short term, and the rise of trading volume does indicate that there are still buyers out there. Tough to call, don't see too many reasons to get excited. 60/100. fIXER