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Gold/Mining/Energy
Mutapa Gold Corporation VSE:MUA
An SI Board Since May 1998
Posts SubjectMarks Bans Symbol
73 4 0 MUA
Emcee:  Robert Morris Type:  Unmoderated
Mutapa Website mutapa.com
Investor1 Website investor1.com

May 4, 1998

Mutapa Gold Corp. ("Mutapa") is pleased to announce the completion of its Initial Public Offering (the "offering") of 1,200,000 shares in accordance with the Prospectus filed with the Vancouver Stock Exchange ("VSE") and dated March 30, 1998. The shares were issued at $0.55 per shares raising gross proceeds of $660,000. Union Securities Ltd. acted as the agent for Mutapa. The shares of Mutapa began trading through the facilities of the VSE under the stock symbol of MUA on May 4, 1998.

Mutapa is a natural resources company engaged in the evaluation, acquisition, exploration and development of mining properties. Mutapa is presently active in the Springdale Peninsular area, northeastern Newfoundland, an area of 389 claims covering 6404 hectares and known as the Big Deer Pond property. Funds raised under the offering are to be used for drilling VLF, Transient EM (DEEPEM) and Magnetometer anomalies located by Mutapa during the winter of 1997.

Of prime interest is a definite bedrock conductor identified by a Transient EM geophysical survey along strike parallel to the Little Deer massive sulphide deposit. Two and possibly three 8-channel conductive horizons have been interpreted with a strike length of 1.5 kilometres.

The drilling of the 8-channel zones will commence approximately May 11, 1998.
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73 Mutapa Copper & Cobalt Inc - Phase two drilling has already begun. See earlIntrepid1-2/23/1999
72 Hello Steve, I saw Mutapa's cores at the Cordilleron Roundup. They were attIntrepid1-1/28/1999
71 Ect I didn't realize that they had to raise cash to do drilling. But I do kSteve Joy-1/22/1999
70 Steve, I just heard that MUA filed for a 1 million share financing through GeorIntrepid1-1/19/1999
69 I heard there is going to be a 5000 meter winter drilling program starting soonSteve Joy-1/7/1999
68 Tom, It is no secret that I have been a big fan of Mutapa for three reasons: TIntrepid1-10/23/1998
67 I've heard the same rumors... :-) Ariel Ariel White-10/21/1998
66 MUA Update... That major is Rio Algom and so far they are very impTomKing-10/20/1998
65 FWIW, I heard through the grapevine that Mutapa's geological team is showinIntrepid1-10/18/1998
64 There could be some excitement in Newfoundland stocks next week as Canaco (CSE.Intrepid1-9/27/1998
63 <b> NEWS RELEASE </B> Mutapa Gold Corp - Little Deer technical reMr Metals-9/23/1998
62 With the price of copper on the rise the past few weeks and with 53.2 meters ofMarauder-7/31/1998
61 Mutapa hits major copper intersection: mutapa.com purethingIntrepid1-7/30/1998
60 Purething....Excellent copper percentages over reasonable distances;I will discMarauder-7/24/1998
59 More step-out drill results - Significant Cobalt grades found in retested coreIntrepid1-7/23/1998
58 What does Melinda do for $50.00 :-0 MM Mr Metals-7/9/1998
57 Hey Purething....I did talk to a geologist friend of mine and he seems to thinkMarauder-7/8/1998
56 Look like MUA may trickle down towards its primary offering price. Marauder-7/8/1998
55 Hi Marauder, Looks like the hype faze is over on Mutapa for now. From a geoloIntrepid1-7/8/1998
54 Purething.....As per our discussion a few weeks ago on a Friday afternoon on GrMarauder-7/7/1998
53 Here is a link to Mutapa's July 6 news release. Looks like they hit on the Intrepid1-7/7/1998
52 Any one know what's happening with Mutapa? CGA-7/5/1998
51exchange2000.comRichard Saunders-7/3/1998
50 :-) MM Mr Metals-6/26/1998
49 Andrew, The Drill holes are angled and are not pointed straight down. The true Intrepid1-6/23/1998
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