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

To: FRANK KENDRICK who wrote (2544)	10/10/1998 10:20:00 AM
From: ddl	Read Replies (1) \| Respond to of 4256

It could be a leak that the first core is diamondiferous or perhaps the 2nd drill also hit kimberlite. I'll take #1 first and #2 if I have to. Where there's smoke, there's fire and those fies out there are probably still smoooooookinnnnn!! Have a great Thanksgiving - denis

To: FRANK KENDRICK who wrote (2544)	10/11/1998 8:46:00 PM
From: Jesse	Read Replies (1) \| Respond to of 4256

Hiya FrankK.- Always a pleasure! -- I see MEO/ Kennecott is mentioned in TNM (The Northern Miner) this week. Here's the article, folks: ----------- The Northern Miner website: northernminer.com - - - The Northern Miner Volume 84 Number 33 October 12-18, 1998 Home \| Search \| Subscription \| Issues \| Headlines \| Previous Article \| Next Article Possible kimberlite in northern Alberta Vancouver Kennecott Canada Exploration has encountered a rock unit that it believes may be kimberlite while drill-testing the Phoenix geophysical target at the Legend property in northeastern Alberta. An ultramafic rock was intercepted at a depth of 102.7 metres and, at last report, the hole was still in the unit at a depth of 132 metres. The rock is described as green with a fine-grained serpentine ground mass containing 2-to-4-mm rounded olivine crystals and country rock fragments. A few small core samples will be sent immediately for petrological examination to determine if the rock is indeed kimberlite. Kennecott, a division of Rio Tinto (RTP-N) is conducting an initial drilling program to test three geophysical magnetic high targets, which show potential pipe-like characteristics. The Legend property covers 1.5 million acres, about 50 km northeast of the main Buffalo Hills discovery block of Ashton Mining of Canada (ACA-T), Alberta Energy (AEC-T) and Pure Gold Minerals (PUG-T). Kennecott can earn a 60% interest in the property from owners Montello Resources (MEO-A) and Redwood Resources (RDW-A) by either advancing it to a production decision or spending, over a 7-year period, $30 million on exploration. Ownership is currently divided 70-30 between Montello and Redwood. Home \| Search \| Subscription \| Issues \| Headlines \| Previous Article \| Next Article ================ Back to my turkey ('n stuffin'), -j :>