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Gold/Mining/Energy : Beau Pre Explorations Ltd (BPD V)

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To: Oinkle who wrote (1)1/15/1999 1:14:00 PM
From: John Ripley  Read Replies (1) of 18
 
Hi abc,
I keep BPD bookmarked but the originator doesn't seem to have made
any posts at all since Mar. 31/98
The latest news is pasted below, perhaps there will be some action
this year. Can always hope!!!

January 11, 1999

Comprehensive Geological & Evaluation Report Completed

BEAU PRE EXPLORATIONS LTD ("BPD-V;BPEXF-L")

- Comprehensive Geological & Evaluation Report Completed

Robert Beaupre, President of Beau Pre Explorations Ltd. is pleased to announce, that Burgoyne
Geological Inc. of Sidney, BC has completed a comprehensive geological exploration evaluation
report on its large Valentine Mountain Gold Property located about 43 kilometers west of Victoria, BC.

This study has evaluated, reinterpreted, prioritized and defined gold exploration over a +7 kilometer
strike length known as the "Corridor" of gold mineralization that extends from Valentine Creek in the
east to Braiteach Zone west of the Jordan River. A total of eight exploration targets have been
defined. These exploration targets and defined gold prospects are aligned along a major regional
linear called the "Discovery" linear that is expressed as a prominent magnetic linear, faulting and topographic alignment.

There are several styles of gold mineralization known on the property. The exploration potential is for
a combination of fault hosted gold-bearing quartz-vein stockwork and breccias and possible
disseminated gold mineralization associated with felsic intrusives, amphibolite and metapelite.
Cross-structures, as defined from geological mapping and ground magnetics where they intersect the
regional "Discovery" linear, are considered to be important structural controls for possible mesothermal gold mineralization.

A comprehensive follow up Phase 1 ground exploration program consisting of geological mapping,
prospecting and rock sampling, grid - line preparation, limited soil sampling, induced polarization, and
resistivity surveys, magnetometer surveys and 2550 meters of diamond drilling is recommended at a cost of $800,000.

In conjunction with compilation of the evaluation report, 600 meters of drilling is being completed on 3 - 4 priority targets.

Drill hole 99-01 has been completed during December 1998 on the Discovery Footwall Zone. This
drill hole oriented at a 360 degree azimuth and -47 degree dip, was completed to a depth of 306.1
meters; it was designed to test a lithogeochemical gold anomaly contained within a wide zone of
amphibolite and metapelite that is defined by a large ground magnetic low and east-west faulting. This
drill target is located to the nth and west and on the footwall wide of previous drilled (1980's)
gold-bearing quartz mineralization of the Discovery Gold Zone.

Neill's Mining of Victoria, BC completed the drilling. Currently, analytical results are being compiled
and evaluated. Further diamond drilling on the BN gold zone, located some three kilometers west of
the Discovery Footwall Zone, is planned during late January 1999.

In closing it should be noted that previous diamond drilling to depth has intersected fine grain gold in
propylitic altered metasediments at the contact with amphibolite, and that many drill holes returned
intersections varying from 5 to 55 meters containing 15 to 200 ppb gold within metasandstone and biotite schist.

TEL: (604) 389-0824 Robert Beaupre, President FAX: (604) 384-6431 INET :http://hypbus.com/vance
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