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Gold/Mining/Energy : GMD RESOURCE -- Ignore unavailable to you. Want to Upgrade?

To: VAUGHN who wrote (883)	3/16/1999 3:33:00 PM
From: Dave R. Webb	Read Replies (2) \| Respond to of 1030

The news releases aren't be sent to a newswire service for several reasons, but I'll convey your concern about the news not being disseminated widely enough. I think you might be right, as the technical people who see the data are all excited about the potential. The various timetables you're interested in. a) Airborne surveys are completed. It is possible to initiate new airborne work in advance of ground work. The Company hasn't released that schedule, but has said that the ground survey would start after the final chemistries are received and evaluated. The Company's recent release said the survey was being planned, meaning it was being laid out on maps and prioritized now that the chemistries have been received. This started late last week. I can't give an exact date geophysical crews will be on the ground. That must come in a news release. Same for info on a drill program.....sorry. It is a warm spring in Yellowknife, as you are aware. The Company has permits for its camp and for drilling. Based on a few decades of experience in this area, I suspect that a break-up date for this part of the NWT is mid to late May. I further expect that drills would most-likely have to be off the ice by early May. Essentially all of the preliminary drill targets can be drilled from shore, so summer drilling is possible. I can't be more specific than this. Dave