Drilling stepped up at Joe Mann mine

Diamond drilling beyond the current ore reserve outline (910,000 tons, mineable, grading 0.22 oz gold and 0.30% copper per ton) has been stepped up on surface and underground at Meston Lake’s Joe Mann mine, in Chibougamau, Que.

Three new holes below the bottom level (1,650 ft) have demonstrated that ore extends to depth: Feet Below Distance True Gold % 1680 Level East of Shaft Width oz/ton Copper

230 800% 17.0% .534 1.10

340 900% 10.0% .138 .61

760 900% 4.0% .727 1.43

In the surface drilling program, which started in March, 13 holes have been completed for a total of 19,360 ft. Work has been concentrated east of of the mining concession and shaft, beyond the present ore reserve outline. Meston says there is excellent potential for a substantial increase in reserves when the area is opened up and detailed.

Distance Feet True Gold East of Shaft Below Surface Width oz/ton

1280% 1350 5.5% .772

1800% 1090 13.4% 1.038

2050% 590 5.0% 1.068

2500% 810 5.2% .512

2600% 1380 2.6% .630

The Joe Mann mine began production April 2 at 700 tons per day. At that rate, the mine life is estimated to be 5-6 years. (N.M., June 1/87).

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