WINDSOR, Nova Scotia, Feb 27, 2003 (BUSINESS WIRE) -- Etruscan Resources Inc. (TSX:EET) and Mountain Lake Resources Inc. (TSX VENTURE:MOA) jointly announced today a 25% increase in diamond resources for the Tirisano Diamond Mine operated by Etruscan Diamonds (Pty) Ltd in South Africa. An independent resource estimate was recently completed by RSG Global Pty Ltd. (RSG) of Johannesburg, South Africa and reported the in situ indicated diamond resources to be 10.4 million cubic meters at an average global grade of 2.9 carats per 100 cubic meters (1.6 carats per 100 tonnes) using a bottom cutoff screen size of 2mm.

This resource update builds on a previous report by RSG in 2000 and incorporates the results of recently completed geophysical surveys, delineation drilling, and the current mine pit that is excavating into a large gravel-filled sinkhole on the East Gravel Run on the Nooitgedacht 131 IP property. Etruscan Diamonds continues to conduct exploration along the East Gravel Run and has delineated other sinkholes with gravel to depths exceeding 60 meters on the adjacent Hartbeestlaagte and Zwartrand properties. Etruscan Diamonds expects to report future resource updates for the entire deposit as additional drilling is completed.

RSG has prepared the updated resource estimate in accordance with international codes for the assessment of mineral assets. In particular, RSG has applied the Valmin and JORC codes as adopted by the AusIMM and the SAMREC code developed for South Africa (with special guidelines for the diamond industry) and adopted by the Johannesburg Stock Exchange (JSE). The on-going exploration program is managed by Etruscan Diamonds with oversight provided by David Duncan, P. Geo., Chief Geologist for Etruscan Resources.

Etruscan Diamonds also reported today that its second parcel of diamonds from the Tirisano Mine was sold for US$188,000. The tender parcel was comprised of 504.0 carats. The average sales price for the sales to date is US$437 per carat compared to the forecast business model price of US$400 per carat.

The common shares of Etruscan are traded on The TSX Exchange under the symbol "EET". The common shares of Mountain Lake are traded on the TSX Venture Exchange under the symbol "MOA". More extensive information on Etruscan can be found on its home page at http://www.etruscan.com.

NO REGULATORY AUTHORITY HAS APPROVED OR DISAPPROVED THE CONTENT OF THIS RELEASE


CONTACT: Etruscan Resources Inc.

Richard Gordon, 902/798-9701
Fax: 902/798-9702
or
Tony Hayes, 416/368-0882
Fax: 416/367-3638
or
Mountain Lake Resources Inc.
Allen Sheito, 902/542-9773
Fax: 902/542-4442
or
Frank Metcalf, 902/420

Here's a great web site on the mine in South Africa

http://scene-it.home.attbi.com/

KC

T.HHO still chugging along.

KC

Will T.HHO be in play today.

KC

Here's some news on FCT

Fuel Cell Technologies Corporation
Quick Quote:
V.FCT
0.55 (-0.04)



Fuel Cell Technologies (FCT) Signs California Contract
2/17/03



OTTAWA, ONTARIO, Feb 17, 2003 (CCNMatthews via COMTEX) --

Fuel Cell Technologies (FCT) today announced that it has signed a contract for 10 residential fuel cell units for
California's South Coast Air Quality Management District (AQMD).

In May 2002, AQMD announced that on the basis of an international competition it had chosen FCT as the
company with which it would negotiate a contract to supply 10 fuel cell power systems for the first California
clean air demonstration of fuel cells in homes. AQMD and FCT have now signed the contract, with the first
deliveries scheduled for later this year. The contract is scheduled to run through the end of 2005, during which
time FCT will install, then operate and maintain the residential fuel cells for 2 years.

As FCT stated in May 2002, with high efficiency, virtually zero-polluting emissions, and the ability to use fuels
available through existing delivery systems, FCT looks forward to the opportunity to demonstrate the
performance and the future possibilities of its SOFC power systems in California - an important marketplace for
FCT not only now, but in the future.

FCT is a leading developer and producer of power systems that provide for the distributed generation of electricity. The FCT products will provide on-site
electricity and heat for homes, small commercial enterprises, and remote locations. FCT's planned range of 1 kW to 50 kW SOFC products can operate on any
one of several readily available fuels.

Fuel Cell Technologies Ltd. is a wholly owned subsidiary of Fuel Cell Technologies Corporation. 20 Binnington Court, Kingston, ON K7M 8S3 www.fct.ca

Fuel Cell Technologies
Gary L. Allen
Director of Sales
(613) 544-8222 ext. 114
gallen@fct.ca
or
Fuel Cell Technologies
Barbara Haines
Investor Relations
(613) 544-8222 ext. 109
bhaines@fct.ca

NEWS RELEASE TRANSMITTED BY CCNMatthews The TSX Venture exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

Anyone watching V.BPD? Volume and price increase. Any news?

KC

How about V.FCT Fuel Cell Technologies Corp. Have some US gov't sales. Here's their website...

http://www.fct.ca/main.html

KC

A piece of black tape over the light does wonders.

KC

News on T.TGO

http://www.stockhouse.com/news/news.asp?newsid=1492453&tick=TGO

KC

How long did you (do you) let your wood dry? Was it sheltered?

KC

Very nice!!

KC

Etruscan Resources Inc. and Mountain Lake Resources Inc.: First Diamond Sale From Tirisano Includes 26.8 Carat Stone


WINDSOR, NOVA SCOTIA--Etruscan Resources Inc. (EET.TSX) and
Mountain Lake Resources Inc. (MOA.TSX Venture) jointly announced
today that the first parcel of diamonds from production at the
Tirisano Diamond Mine was sold for US$211,115 for an average
price of US$515 per carat. This initial parcel comprised 409.8
carats with individual stones ranging in weight from 0.2 to 26.8
carats. The parcel included a 1.8 carat rare, fancy yellow which
sold for US$4,555 per carat. The diamonds were sold through
public tender process in Kimberley on January 23, 2003. The
auction was conducted by sealed bid through Orange West Coast
Diamonds (Pty) Ltd., a certified diamond sales company of
Kimberley, South Africa.

Gerry McConnell and Allen Sheito, President and CEO of Etruscan
and Mountain Lake jointly stated "We are extremely pleased to see
such a high value placed on the first parcel of diamonds sold
from Tirisano. Furthermore, the recovery of a 26 carat diamond
and a fancy yellow stone confirms historic records that indicated
stones of exceptional size and quality exist in these gravels. We
can expect to see such stones on a regular basis and as the plant
settles into full production we will begin to realize the
benefits of the economy of scale. Every sale that exceeds the
projected revenue base of US$400 per carat adds significantly to
the bottom line."

Project economics at Tirisano were based on an average selling
price of US$400 per carat and the $515 per carat selling price
from the first parcel represents a 29% increase in value. Annual
diamond production is anticipated to be 19,200 carats from the
recently commissioned Phase I plant and a proposal to expand the
plant later in 2003 is under study. As previously announced,
details on grade and tonnage will be reported once sufficient
material has been processed from the controlled mining block. Not
all the gravel processed during the commissioning of the plant
came from the controlled mining block.

The common shares of Etruscan are traded on The TSX Exchange
under the symbol "EET". The common shares of Mountain Lake are
traded on the TSX Venture Exchange under the symbol "MOA". More
extensive information on Etruscan can be found on its home page
at http://www.etruscan.com.

Etruscan Resources Inc. and Mountain Lake Resources Inc.: First Diamond Sale From Tirisano Includes 26.8 Carat Stone


WINDSOR, NOVA SCOTIA--Etruscan Resources Inc. (EET.TSX) and
Mountain Lake Resources Inc. (MOA.TSX Venture) jointly announced
today that the first parcel of diamonds from production at the
Tirisano Diamond Mine was sold for US$211,115 for an average
price of US$515 per carat. This initial parcel comprised 409.8
carats with individual stones ranging in weight from 0.2 to 26.8
carats. The parcel included a 1.8 carat rare, fancy yellow which
sold for US$4,555 per carat. The diamonds were sold through
public tender process in Kimberley on January 23, 2003. The
auction was conducted by sealed bid through Orange West Coast
Diamonds (Pty) Ltd., a certified diamond sales company of
Kimberley, South Africa.

Gerry McConnell and Allen Sheito, President and CEO of Etruscan
and Mountain Lake jointly stated "We are extremely pleased to see
such a high value placed on the first parcel of diamonds sold
from Tirisano. Furthermore, the recovery of a 26 carat diamond
and a fancy yellow stone confirms historic records that indicated
stones of exceptional size and quality exist in these gravels. We
can expect to see such stones on a regular basis and as the plant
settles into full production we will begin to realize the
benefits of the economy of scale. Every sale that exceeds the
projected revenue base of US$400 per carat adds significantly to
the bottom line."

Project economics at Tirisano were based on an average selling
price of US$400 per carat and the $515 per carat selling price
from the first parcel represents a 29% increase in value. Annual
diamond production is anticipated to be 19,200 carats from the
recently commissioned Phase I plant and a proposal to expand the
plant later in 2003 is under study. As previously announced,
details on grade and tonnage will be reported once sufficient
material has been processed from the controlled mining block. Not
all the gravel processed during the commissioning of the plant
came from the controlled mining block.

The common shares of Etruscan are traded on The TSX Exchange
under the symbol "EET". The common shares of Mountain Lake are
traded on the TSX Venture Exchange under the symbol "MOA". More
extensive information on Etruscan can be found on its home page
at http://www.etruscan.com.

All the stones that they have found in the short time they have been in full operation (about three weeks)will be going on sale on the 23rd with a PR early next week. Things could get very interesting after that.

KC

Hi Carterone
I assume that they will be selling that 14 carat stone they found at the same time
http://www.mountain-lake.com/November%2026th%20news%20release.htm
That's the second large stone they've found. If they can keep that up analysts will be knocking on their doors a lot sooner.

KC

Susie924
There is also embossed qall paper out there if that's the way you go. It's heavier than regular wall paper and as mentioned it can be painted. It is about as wide as regular wall paper. I just helped my neighbor put some on his ceiling last weekend.

KC

Porsha
It will probably be just as easy or easier to replace the tank and not have to worry about it in the future. If there is a building materials recycling center near you they usually have some good deals.

KC

Since you are Carter"ONE" it's only appropriate that you make the first post.
If MOA can make the same percentage gains this year as it did last year I will be extremely happy.

KC

News on Tango (T.TGO)

Tango Discovers Potential Bulk-Tonnage Disseminated and Stockwork Epithermal Silver Lead Zinc Deposit At Los Cochis and Outlines Gold Potential Along Strike To The East
1/14/03





TORONTO, ONTARIO, Jan 14, 2003 (CCNMatthews via COMTEX) --
Tango Mineral Resources is pleased to announce significant results from a rock sampling program and geochemical soil survey centered on the Los Cochis area on its 6,800 hectare Picachos property in Durango, Mexico. Tango believes that these data indicate that Los Cochis has potential for a bulk-tonnage Ag-Pb-Zn epithermal deposit of significant size at Los Cochis as well as potential for gold. The Los Cochis deposit area is located 6 km south of the high-grade El Pino silver-gold veins to be diamond drilled by the Company in January 2003. It is accessed by a 3 km gravel road north of the Durango-Mazatlan highway through the town of La Mesa de Los Negros. Los Cochis and El Pino are two of several significant epithermal precious metal occurrences on Tango's property in the Espinazo del Diablo mineral district.

In Los Cochis, 488 soil samples and 254 rock samples were taken from a reconnaissance survey grid with a total of 13 line kilometers. Individual lines were spaced 200 m apart, and soil samples were taken every 25 m along these lines. The objective of the program was to evaluate both the bulk mineral potential of the main Los Cochis deposit and the potential for narrower, but higher grade veins.

The soil survey has outlined a polymetallic soil anomaly for silver, lead, zinc, copper and gold over an area 2.0 km long, 500 m wide over a 320 m vertical elevation difference (between 1400 m and 1720 m above sea level). This anomaly coincides with a broad zone of propylitic alteration (quartz, chlorite, calcite, epidote) in andesite that hosts disseminated and stockwork lead and zinc sulfide mineralization (galena and sphalerite, respectively), with pyrite, tetrahedrite (a silver sulfosalt) and native silver. The mineralization/alteration and coincident geochemical anomaly trends WNW, and is open ended to the northwest and southwest. Anomalous thresholds are given in Table1.

TABLE 1. SUMMARY DATA FOR SOIL SAMPLES TAKEN FROM THE LOS COCHIS
DEPOSIT AREA.
----------------------------------------------------------------
Ag (g/t) Au (g/t) Pb (%) Zn (%) Cu (%)
----------------------------------------------------------------
Maximum 1,780.0 0.625 2.730 0.440 0.070
Average 6.1 0.014 0.026 0.033 0.002
Anomalous threshold 2.0 0.015 0.010 0.030 0.008
Average Crustal Abundance 0.07 0.003 0.001 0.007 0.005
Number of samples 484 288 484 484 484
----------------------------------------------------------------
The soil geochemical anomaly can be divided into silver-base metal-rich and gold-rich zones. The western 700 m segment of the anomaly is characterized by soil silver values over 10 g/t and coincident anomalous lead, zinc and copper values. The Ag-Pb-Zn-(copper) anomaly grades eastwards into and partly overlaps with a gold-rich zone. The gold anomaly in the soil has a strike length of 750 meters with gold values above 0.05 g/t. Three other gold soil anomalies of similar magnitude define a second WNW gold trend over a strike length of 1.0 km, 250 m to the north. The anomalous gold areas are mostly covered in overburden, but one showing with the Los Cochis creek assayed 2.52 g/t gold, 42 g/t silver, 0.8% lead and 9.3% zinc over 5.2 m.

The broad disseminated Ag-Pb-Zn zone is underlain by several near-surface, high-grade epithermal veins and stockworks that were mined until the 1970's by gambusinos (small scale miners) in shallow surface workings. Some samples from the old workings are shown in Table 2.

TABLE 2. ASSAYS FROM CHIP-CHANNEL SAMPLES CUT ACROSS SURFACE
SHOWINGS AND HISTORIC WORKINGS ON LOS COCHIS.
----------------------------------------------------------------
Area Width (m) Ag (g/t) Pb (%) Zn (%)
----------------------------------------------------------------
Mina El Fresno surface cut
(M-31) 6 1,275 0.8 0.7
Prospect El Pinito (M-32) 3 457 0.8 1.7
Campamento Stockwork (4891) 4 600 2.5 6.8
Canuto's Trench (CH-32) 4 954 0.6 0.1
Mina Las Chivas 3rd cross-cut
(AVG 5556 and 5693) 1 427 1.4 6.9
Prospect La Tijera (6239) 2.5 256 0.4 0.1
Hilo de Roque (5247) 0.2 3,624 50.2 0.6
----------------------------------------------------------------
In many areas, the old workings are caved or buried by natural colluvium on steeper slopes. If the old workings were not accessible, grab samples were taken of the mine dumps (Table 3).

TABLE 3. SAMPLES OF DUMP MATERIAL TAKEN FROM OUTSIDE CAVED OR
BURIED WORKINGS IN THE LOS COCHIS DEPOSIT AREA
----------------------------------------------------------------
Area Ag (g/t) Pb (%) Zn (%)
----------------------------------------------------------------
La Tolva Waste Dump (6223) 1,452 4.5 4.7
Las Chivas Dump (6224) 1,669 5.0 18.6
Nacario Pit (6225) 2,855 4.5 3.5
El Fresno Dump 1 (5562) 910 0.8 6.1
El Fresno Dump 2 (5560) 2,750 7.8 9.3
El Fresno Dump 3 (5565) 2,680 0.9 1.4
Mina de Canuto Dump 240 1.0 13.0
----------------------------------------------------------------
Nineteen systematic chip-channel samples were cut along the entire length of the Las Chivas workings. The weighted average grade of these samples is 80 g/t Ag, 0.6%Pb and 1.4% Zn over a true width of 45 m, including an interval of 427 g/t Ag, 1.4%Pb and 6.9% Zn across 1 m.

Tango believes that these data indicate that there is potential for a bulk-tonnage Ag-Pb-Zn deposit of significant size at Los Cochis centered near the old Fresno mine workings. This grades eastward into a zone of gold-rich mineralization that remains to be explored. Tango intends to evaluate the open-pit potential of this unique precious and base metal deposit with a program of RC drilling and diamond coring in the spring of 2003.

The prospecting and sampling programs were conducted under the supervision of geologist Michelle Robinson, MaSc, P. Eng. The methodology of sampling is similar as described in a previous release date April 8, 2002. Sample preparation was done at the facilities of Chemex laboratories in Hermosillo, Mexico, and shipped to the laboratories of Chemex in Vancouver, B.C., for multi-element analysis using ICP-MS (induced Couple plasma). In the case of rock and soil samples exhibiting more than 200 parts per million (ppm) silver, samples were fire assayed for gold and silver using a 1 tonne assay (30 gram) sample.

THE PRESS RELEASE WAS PREPARED BY TANGO MINERAL RESOURCES INC. WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. NO STOCK EXCHANGE OR ANY REGULATORY AUTHORITIES OR SIMILAR BODY, HAVE APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN.

TANGO MINERAL RESOURCES INC.
1115 Sutton Drive, Suite 100,
Burlington, Ontario, L7L 5Z8,
Tel: 905 319-8016, Fax: 905 319-3527
E-mail: tgo@tangomineralresources.net
Web site: www.tangomineralresources.net
Denis Francoeur
President and C.E.O.
(905) 319-8016

KC

Thanks porscha
Lots of good reading and ideas there.

KC


PS That tool dock system looks like something I might try to copy

Does anyone have a link to a good woodworking shop layout?

KC

Happy New Year to everyone.

KC

Happy Hew Year to everyone.(ggg)

KC

One of these days shaolin if I can get a digital camera I'll show you a picture of the Japanese tea house and the two ponds I build over the summer.

KC

Does anyone have a website with proper installation and drawings for putting in a oil furnace. (going in a garage)doesn't have to be pretty.

KC

http://www.siliconinvestor.com/stocktalk/sub_marks.gsp

KC

Yes, for about 1.25 milllion shares. If that was all then I could understand but it continues to trade...at 1.395 mil. now. Share price hasn't moved though.

KC

I'm looking for a reason for all the trading og T.TGO today, any rumors out there?

KC

Cheap to get into right now. EET/MOA have about a billion tons of reserve showing 1.6 carots/ton selling at $400-$500/carot. They just started up production and we are awaiting the results of the first 100 tons to get accurate results.

KC

Not sure if this is the place to post this, but here goes, PHPI,

Etruscan Resources Inc.: Mine Manager Appointed for Tirisano Diamond Mine


WINDSOR, NOVA SCOTIA--Etruscan Resources Inc. (EET:TSX) and
Mountain Lake Resources (MOA:TSX) announced today the appointment
of Daniel Van Der Merwe as Mine Manager for the Tirisano Diamond
Mine located near Ventersdorp, South Africa. Mr. Van Der Merwe
has extensive operating experience with alluvial diamond mines in
South Africa. He most recently worked as Project Manager for
Namakwa Diamond Company (Pty) Ltd. overseeing their West Coast
Project. Prior to this Mr. Van Der Merwe was Superintendent -
Metallurgy & Engineering for Trans Hex Group's Saxondrift Mine
where he successfully built, commissioned and operated a number
of diamond processing plants. Trans Hex is the second largest
producer of diamonds in South Africa.

Gerald McConnell and Allen Sheito, respectively President and
Chief Executive Officers of Etruscan and Mountain Lake jointly
stated, "We are pleased to have an individual of the calibre of
Mr. Van Der Merwe as Mine Manager at Tirisano. Mr. Van Der Merwe
brings a wealth of experience to the company and is building a
solid operating team at the mine. On behalf of Etruscan Diamonds
(Pty) Ltd. , we extend a sincere welcome to Mr. Van Der Merwe."

The initial phase of the Tirisano Mine is forecast to process 1.2
million tonnes and recover 19,200 carats per annum. The plant
was successfully commissioned at the end of October and since
that time a number of modifications have been made to increase
plant efficiency. The scrubber unit has experienced down time as
a result of a manufacturing flaw in the drive assembly, which has
now been remedied. This down time has limited production.
However, the gravels processed to date have yielded gem quality
diamonds in a size range consistent with original projections.
The largest single stone that has been recovered from Tirisano
since processing began in late October is 14.05 carats. Etruscan
Diamonds (Pty) Ltd. will report on the details of the diamonds
recovered once a minimum of 100,000 tonnes of diamondiferous
gravel has been processed.

Further information about the Tirisano Mine can be found on
Etruscan's website at www.etruscan.com. The common shares of
Etruscan are traded on The TSX Exchange under the symbol "EET".
The common shares of Mountain Lake are traded on the TSX Venture
Exchange under the symbol "MOA".

KC

Hi Muell

I'm thinking of installing W2KPro on a new machine I'm building do you have any pro's or con's about the OS?

Hi Matt
Is there software out there that can be used to make a linux firewall? I have an old P133 that I would like to use for that purpose.

KC

Hi Frank
I have it book marked and I do read him.

KC

Hi Frank
Here's some news on V.BRZ, the results of their two holes looks promising.

High Grade Copper Cut in Skarn Zone
7/9/02



BETTER RESOURCES LTD ("BRZ-V;BTRSF-0") - High Grade Copper Cut in Skarn Zone
Better Resources Limited has received analyses from Acme Analytical Laboratories of the core samples from two diamond drill holes on the Blue Grouse property near Campbell River, BC. Both holes were drilled from the same setup just south of the old pit where 20 ton of 12% copper was hand sorted in 1956. Hole BRZ 02-01 was drilled vertically down the western edge of the skarn band that is now interpreted to dip steeply eastward and was terminated in the footwall volcanics at 191 feet. Hole BRZ 02-02 was drilled at minus 45 degrees due East and cut the upper eastern portion of the skarn band before continuing in altered volcanics and terminating in granodiorite at 651 feet. Significant assays are:


Hole From To Intersection Copper % Gold Silver
gm/tonne gm/tonne

BRZ 02-01 26 36 10 ft .70 .0145 2.3
BRZ 02-02 16 21 5 ft 3.33 .356 10.7
These two holes indicate that the copper-bearing skarn zone is steeply to vertically dipping and approximately 25 to 30 feet wide. Additional holes are planned from setups further west that will cut the full width of the zone to depth and along strike, permitting grade and tonnage calculations.

The Benson Lake copper mine 70 miles to the northwest produced 2.6 million tonnes of 1.6% copper with 1.44 g/tonne gold and 4.5 g/tonne silver from a skarn zone over 2.5 kilometers long. The Island Copper mine at Port Hardy had a high grade skarn zone adjacent to the porphyry copper orebody .The porphyry copper potential at the Blue Grouse property, as suggested by the magnetometer survey and humus soil sampling, has yet to be tested.

The company is pursuing funding to continue the program at the Blue Grouse property. TEL: (250) 758 8784

Cliff Rennie FAX: (250) 758 8786






______________________________________

___________________________________________________________________



(c) Market News Publishing Inc. Tel:(604) 689-1101




All rights reserved.


Fax:(604) 689-1106


KC

News Out on V.MOA

Mountain Lake Resources Inc - News Release
Mountain Lake to start exploring Valentine Lake
Mountain Lake Resources Inc MOA
Shares issued 14,567,314 Jun 25 2002 close $ 0.63
Wednesday June 26 2002 News Release

Mr. Allen Sheito reports
MOUNTAIN LAKE COMMENCES DRILL PROGRAM TO COMPLETE 50% EARN-IN ...
Mountain Lake Resources will immediately commence a diamond drilling program on its Valentine Lake gold property located in Newfoundland. Once the program is completed in late July, 2002, Mountain Lake will have earned a 50-per-cent interest in the property. The program will focus on two areas, the Leprechaun Pond and Valentine East prospects.
Gold mineralization, associated with quartz veining, silicification and pyrite, was initially discovered in outcrops by BP Canada in 1986 while following up anomalous gold in soil anomalies near the contact between the Rogerson Lake conglomerate and trondjemite. Subsequent exploration between 1987 and 1991 focused on evaluating gold anomalies elsewhere along the contact. BP Canada completed 47 holes totalling 5,975 metres on the property. Mountain Lake completed a further 29 holes totalling 4,215 metres in 1998 and 1999.
The Leprechaun Pond deposit has been drill tested with 49 drill holes over a strike length of three kilometres. Higher-grade intersections of 9.1 grams per tonne of gold over 9.6 metres and 14.9 grams per tonne over 2.1 metres are found in wider zones of lower grade mineralization of 4.6 grams per tonne gold over 23.1 metres and 2.1 grams per tonne gold over 29.5 metres. The zone remains open along strike and at depth.
Gold mineralization at the Valentine East prospect, located along the same geological contact approximately 12.5 kilometres to the northeast, is the same as at Leprechaun Pond. Previous trenching carried out by BP Canada uncovered gold mineralization assaying up to four grams per tonne gold over four metres in channel sampling and up to 25.4 grams per tonne gold in grab samples. Mountain Lake drilled 12 holes and detected two parallel zones of gold mineralization in the area.
The Valentine Lake property consists of 178 square kilometres covering a 25-kilometre strike length of the mineralized contact. Mountain Lake signed an option in 1999 to earn a 50-per-cent interest in the property by spending $750,000 in exploration expenditures. In order to acquire the remaining 50-per-cent, Mountain Lake will have to spend an additional $2.5-million by July, 2006, and pay Noranda a 3-per-cent net smelter royalty on gold and a 2-per-cent net smelter royalty on base metals.
Allen Sheito, president and chief executive officer of Mountain Lake, stated: "I am very excited about the enormous potential of this property. The overall strike length of Valentine Lake exceeds 25 kilometres and only 20 per cent of the mineralized contact has been drill tested to date. The objective of this drilling program is to test other geophysical-geochemical targets on the property and I am confident that we will be successful."

I picked up a junior gold the other day V.YPM that might move with the POG. No production yet but I think it's not too far away. MOA should have a release on their drilling program at Valentine Lake in the next week or two.

KC

Hi Frank
Here's a picture of some of the diamonds EET and MOA are picking up out of the gravel in South Africa.

http://www.stockhouse.com/bullboards/viewmessage.asp?stat_num=5284276&all=0&t=0&archived...

KC

"Is this the bottom?" Gees I don't know???!!!! I would have thought the bottom would have come sooner, but I've never been able to read NT. I'm sure they will go up again if they can ever stop going down.
Picked up a little junior mining co. today V.YPM. They've got a good chunk of property, but that's about all. Know anything about them? Here's their last PR.
http://www.adviceforinvestors.com/$main$nobody,,17056550$642cf0345ac8/press_release.phtml?symbol=YPM...
43 million shares though, that does concern me.

KC

Hi Frank
Last year was a bad year for me, watching every stock I had dwindle to just about nothing. I held onto a POS V.SOP waiting for the big recovery that was always just a couple of weeks away. I have since moved most of the balance of what little I had left into V.MOA and T.EET. My money has now tripled and I expect another triple befor yearend. Diamonds and gold seem to be the place to be right now. I will be looking for some junior oils though in Sept./Oct.
I really expected junior metals to be doing much better than they are right now. It may still happen this fall unless we get some kind of run this summer although I would be surprised.

KC

Mountain Lake V.MOA will be drilling at Valentine lake in Newfoundland in the next week or two. They presently have 50% with a chance to earn 100%. They also have an alluvial diamond mine in South Africa 25% going into full production on Sept 1/02. These are top quality diamonds. They are presently grading at 1.6 carots per ton. They have already got 300 thousand ton signed up and are looking to get 1 billion tons by the time they're finished. The owners are Government 24%, t.EET 51%, V. MOA 25%. It's still cheap to get into.

KC