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Gold/Mining/Energy : ABER RESOURCES -- Ignore unavailable to you. Want to Upgrade?

To: Gord Bolton who wrote (1044)	3/16/1999 11:17:00 PM
From: I_C_Deadpeople	Read Replies (1) \| Respond to of 2006

Fom The Aber third quarter report... Camsell Lake NWT Diamond Project On the Haywood block, (32.24% Aber) encouraging results continue to be reported by Vancouver-based project operator Winspear Resources Ltd. The 1999 budget is now under consideration and a significant increase in spending is anticipated, compared with the $4 million budgeted for 1998. Preliminary results of a mine scoping study by MRDI Canada suggest an on-land, open-pit resource estimated at 670,000 tonnes of kimberlite in a dyke formation, with the potential for an additional, adjacent resource amenable to underground mining. A bulk sample will be obtained to determine the value of the diamonds and additional drilling is required to determine the extent of the kimberlite dyke resource. The key to this disagreement may well be what happened in prior years 93-97. Did Aber have to provide a written confirmation of their participation or was a verbal agreement sufficient. If so, there is a precident for a verbal acceptable arrangement.