Zeev's Turnips Patch-No Politics (ZEEV)

[basserdan]

*** Gold related post (BGO #2) ***

The company also announced more drill results in Russia, and that is probably doing more for the stock today.
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ml,
These must be the drill results you speak of.
I sure wish this deposit was located somewhere other than Russia. Check out the tables.... some of the Au grams to ton
figures are nothing less than world class.

Fwiw, I sold some more WHT (Saville rec today) @ 2.04 and covered half of my GG/GLG spread w/GLG at a 20 cent discount. That's the one that schloss1 was pooh poohing when GLG had a $1.45 premium. His reasoning was based on GG/GLG having a relationship similar to Coke/Pepsi. LOL!
I was going to wait for GLG to go to a 50 point discount, but 100 points in the hand is worth 130 in the bush, or something like that..... <VBG>


Bema Gold Corporation: High Grade Drill Results from the Kupol Property, Russia
Monday September 8, 9:06 am ET


VANCOUVER, British Columbia--(BUSINESS WIRE)--Sept. 8, 2003--Bema Gold Corporation ("Bema") announces additional high-grade drill results from the Kupol Property in Chukotka, Far East Russia. A total of 130 holes totaling 17,052 metres, have been drilled on the property to date confirming that the Kupol Property hosts a multi-million ounce gold and silver deposit. The Kupol mineralized epithermal vein system has now been traced for 3.5 kilometres of strike length and gold mineralization has been intercepted over 2650 metres of drilled strike length to a depth of at least 250 metres. The system remains open along strike to the north and south, and to depth. Please refer to www.bema.com for a drill hole location map and a long section of the Kupol property.
Assay results have been received for the first 116 holes (56 of which were previously released). The results from holes 57 to 116 continue to confirm grade continuity and extend mineralization in the four contiguous zones; the Big Bend Zone, the Central Zone, the North Zone and the South Zone. In addition, the new results have extended the strike length of the highest grade Big Bend Zone by a further 150 metres to the South and to a depth of at least 250 metres. In the Central Zone, hole 102 intersected a new vein some 60 metres to the east of the main Kupol structure and in the North Zone hole, 86 returned the best drill intercept on the property to date.

Detailed assay results from the new holes are summarized by zone below. Drill hole locations, a summary of Bema's lab procedures and QAQC (Quality Assurance Quality Control) are on the last page.

Big Bend Zone

Thirteen additional holes were drilled in the Big Bend Zone which is located at a flexure in the main structure and hosts some of the most significant intersections to date. Recent drilling focused on stepping out along strike to the south and at depth. The zone remains as a single wide high grade ore shoot which now extends over at least 650 metres of strike length and to a depth of at least 250 meters. Some highlights of the new Big Bend drill results are: hole 113 which intersected 9.8 metres averaging 77.1 grams per tonne (g/t) gold and 949.9 g/t silver; hole 111 which intersected 17.9 metres averaging 37.4 g/t gold and 371.6 g/t silver; and hole 108 which intersected 10 metres averaging 32.7 g/t gold and 596.5 g/t silver at a depth of 250 metres. Further drilling this year on the Big Bend Zone will consist of additional 100 metre drill step-outs and some infill holes and further drilling to depth. Assay results from all the new holes drilled on the Big Bend Zone to date are listed below

CONTINUED AT:

http://biz.yahoo.com/bw/030908/85310_1.html