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Gold/Mining/Energy : Major General--MGJ -- Ignore unavailable to you. Want to Upgrade?


To: zedex who wrote (1310)5/19/1999 11:28:00 PM
From: Gord Bolton  Read Replies (1) | Respond to of 1707
 
majorgeneral.com

"Cameco may earn a 60% interest in the Despinassy property which is located about 100 kilometres north of Val d'Or, Quebec and is directly accessible year round by all weather highways. During 1998 an additional 35 claims were staked thus increasing the size of the property to the current holding of 60 claims.

ON BEHALF OF THE BOARD OF DIRECTORS

Glenn G. Shevchenko"

I also noted from the most recent NR that the drills are turning on the deposit at this time. Having identified the high grade zone, the should be able to trace it's shadow on the IP image and intercept with the drill. We could expect more reports of visible gold and significant intersections any time.

If they were to poke a hole straight down through the high grade vein to test for depth we might get a wow intersction. They probably will be doing 100 meter stepouts and cutting across.

Does anyone know if there is a mothballed mill or underutilized mill in the immediate area?