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Gold/Mining/Energy : Latitude Minerals LTU.V -- Ignore unavailable to you. Want to Upgrade?

To: Joel W. Grothendick who wrote (121)	10/13/1998 11:09:00 AM
From: Paul S.	Respond to of 366

Joel, I believe that's exactly what they are doing, drilling along both sides of the Bear Cat fault, possibly even south also. They are trying to size up the area of this new discovery. I don,t know for sure but I imagine drilling will take place at miller after the program at Kilgore. I will contact IR today and see how the drilling went over the weekend.

To: Joel W. Grothendick who wrote (121)	10/13/1998 8:05:00 PM
From: Paul S.	Read Replies (1) \| Respond to of 366

Joel, good news from the field. This is the update that I received from the company today. So far they have completed 4 holes, all with depths of 600'. Apparently everyone on the property is very pleased with what they are pulling up and the overall progress of the program. This would include John Carden who is apparently on the property. The first drill core samples have already been sent for assay. IR also indicated that this is a significantly larger target than the original Kilgore discovery. These guys aren't foolin around!! To answer your questions earlier, LTU is doing 200' step outs from hole 178 not 180 which is to the south and east. All work is being concentrated North and West of the fault in a 2 square mile area. Apparently all permitting is underway on the Blue Hill project in anticipation of upcoming drilling. I am very impressed with the way things are shaping up. What I can't understand is why more people aren't trying to pick up bits and pieces of this stock