SYNGOLD DEFINES RESERVES ON DEKA PROPERTY
<Syngold Exploration Inc> and <Corp
Falconbridge Copper> said they defined undiluted reserves of
911,000 tons of ore with an average grade of 0.43 ounces of
gold per ton in two separate deposits on the Deka property
located at Noranda, Quebec.
Assay results from 20 suface holes drilled on 250 foot
centers indicate that the Donalda number one deposit contains
possible reserves of 611,000 tons at an average grade of 0.48
ounces of gold per ton.
The number one deposit's reserves are contained between a
vertical depth of 750 and 1200 feet at a strike length of 900
feet.
Reserves of the Donalda number-two deposit, located 1,000
feet below the number-one deposit, were recalculated at 300,000
tons with an average grade of 0.33 ounces of gold per ton.
Syngold has earned a 20 pct interest in the Deka property
from the operator, Corp Falconbridge Copper.