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Gold/Mining/Energy
GRAYD RESOURCES: GYD/VSE
An SI Board Since June 1998
Posts SubjectMarks Bans Symbol
58 5 0 GYD
Emcee:  Mr Metals Type:  Unmoderated
*****NEWS RELEASE*****

Grayd Resource Corporation -

Dry Creek drilling results

Grayd Resource Corporation GYDShares issued 120566311998-06-12 close $1.15Monday Jun 15 1998Mr. John McCluskey reports High-grade assay results over significant widths have been returned from the first three 1998 drill holes on Grayd's 100 per cent owned Dry Creek property. Holes DC98-38 and DC98-39 were drilled in the Fosters Creek area, 100 ft (30m) west of DC97-32 and DC97-33, which intersected high-grade mineralization in 1997. Hole DC98-40 is 250 ft (75m) east of DC97-32 and DC97-33. Results from the 1998 holes in conjunction with results from DC97-32, DC97-33, DC97-5 and DC97-6, outline a substantial area containing high-grade mineralization over significant widths. Mineralization remains open along strike and down dip. Of particular note is the high precious metal content within some of the intersections.

From To Cu Pb Zn Ag Au
(ft) (ft) % % % g/t g/t
---- ---- -- -- -- --- ---
Hole DC98-38
193.5 223.0 0.14 2.35 5.22 193.9 1.11
including
193.5 209.3 0.23 4.23 9.28 296.5 1.86

Hole DC98-39
254.5 320.0 0.20 3.18 7.30 45.2 0.37
including
254.5 292.0 0.28 4.49 10.33 45.0 0.45

Hole DC98-40
20.0 138.4 0.22 2.56 6.22 182.8 1.03
including
20.0 35.0 1.02 8.46 23.58 531.5 2.42
48.2 61.0 0.21 3.84 7.92 203.3 1.52
70.0 80.3 0.24 6.64 14.63 211.2 0.67
103.0 112.0 0.13 1.24 3.11 274.6 2.69
114.5 122.0 0.31 3.15 6.97 556.7 2.77

Dry Creek is in the Bonnifield District south of Fairbanks, Alaska. The 12,000 ft (3,600m) 1998 drill program is currently focusing on the DC North horizon, one of four horizons of polymetallic volcanogenic massive sulphide mineralization identified on the property. In addition to the projected extensions of the Fosters Creek area mineralization, projections to high-grade mineralization in the Discovery area 2,500 ft (750m) east of the current holes, and additional geophysical and geochemical anomalies will be drilled. Assay results will be reported as the exploration program progresses. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

GYD has $6,000,000 in cash.

Good luck

Mr Metals
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ReplyMessage PreviewFromRecsPosted
58Auguries — Globalists Bearing Gifts September 22, 2011 By Kevin Michael Grace canucklehead80-11/9/2011
57Grayd VP Exploration Hans Smit on $275M acquisition by Agnico-Eagle Agnico-Eaglcanucklehead80-10/12/2011
56 Grayd Resource Corporation - Grayd and Inca's John McCluskey expected to mMr. Blonde-8/25/1999
55 Phase I Exploration Completed on the White Gold Trend, Rumble Creek Property Steve Joy-7/29/1999
54 You're right. I bought the 10,000 offered AON at 37c and it has not traded Stephen O-7/18/1999
53 John there is not a whole lot of stock up for sale at these prices. looks like Steve Joy-7/18/1999
52 WOW - I dont even have this one on the tickert - I must take a peek Buckey-7/1/1999
51 John looks like this one is about to take off as drilling will be starting soonSteve Joy-7/1/1999
50 Well guys exploration has started and I think this is one to get in on early asSteve Joy-6/23/1999
49 i really like grayd. they have cash, great properties and good management,. iNAUGHTY NOTES-3/9/1999
48 just starting to have a look at this you like it?ogod-3/9/1999
47 hey mm, fancy seeing you here. i have been accumulating this stock over the laNAUGHTY NOTES-12/10/1998
46 Looking good. MM Mr Metals-10/27/1998
45 sumbuddy took an interest today - methinks we have half decent news of some sorBuckey-10/27/1998
44 Delta project resource calculation Grayd Resource Corporation rdww-9/14/1998
43 Sorry. Can't help re Inmet. Stew-8/18/1998
42 Open Pit. Does this not change the picture considerably. Altogether, this yeaphoenix_investor-8/18/1998
41 Thanks a lot. Stew-8/17/1998
40 probably not much - needs some more holes of the same to get some excitement. rdww-8/17/1998
39 Thanks. What do you guesstimate for tomorrow? Stew-8/17/1998
38 hole 60 - just about what the market ordered Dry Creek drill results Grayd Rerdww-8/17/1998
37 G.T.: Thanks very much for that response. Looks like an informed and sensibleStew-8/17/1998
36 Stew, best to watch Hi stew, have been watching for several months. Grayd has G.T.-8/16/1998
35 No, I really just started getting interested in Grayd. Maybe someone else? Stew-8/15/1998
34 Hello, Waiting for hole #60. Any news when assays will be released? thDav!d-8/15/1998
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