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Gold/Mining/Energy : Maxam Gold Corp. OBB:MXAM -- Ignore unavailable to you. Want to Upgrade?

To: Richard Mazzarella who wrote (7397)	3/2/1999 8:54:00 AM
From: Mr Metals	Respond to of 11603

Hewlett Mineral Management reports ''...Of significance is that drill-hole sampling of the Peoria Seven deposit shows the assemblage of economic minerals that would have been eroded from porphyry copper, stockwork-moly, a rhyolite hosted tin, Skarn, and vein and disseminated gold and silver deposits -- discovered by the USGS by sampling the remaining 'roots' of these deposits...'' Hewlett further advises that the present Maxam Chain-of-Custody drilling project, announced in the Press Announcement on February 17, 1999, ''...has only scratched the surface and with the volume of eroded material that has been transported into the Peoria Seven mine area, the total developed ore reserves can only [result in an] increase by a sizable amount....'' MM