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Gold/Mining/Energy : Pallaum Minerals (ASE:PLM) -- Ignore unavailable to you. Want to Upgrade?

To: 1king who wrote (495)	11/10/1998 6:32:00 PM
From: Andrew Bailey	Respond to of 536

PLM and LAB news release Recent EM surveys have identified several major target areas on the LNS Adlatok River 2 property in South Voisey's Bay, Labrador. Labrador International's geologists and geophysicist have been evaluating all available information and have highlighted the following: There are two gabbro sills present on the Adlatok River 2 property. Gravity surveys have revealed several gravity high anomalies throughout the gabbros. EM surveys over two areas totalling 3.5 square kilometres have identified three distinct conductive horizons. A particularly prominent anomaly is being followed to the east by a third EM survey. The companies are awaiting the final EM results, at which time the new data will be reviewed, targets set, and a firm drill date set.