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Microcap & Penny Stocks : Kenrich Mining

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To: robert b who wrote (15)8/19/1998 5:10:00 PM
From: robert b  Read Replies (1) of 36
 
assay results ... PR 1998-08-18

Kenrich Mining Corp -

Corey property assay results

Kenrich Mining Corp
KRCShares issued 25,217,923

1998-08-18 close $0.56

Tuesday Aug 18 1998

Mr. Kenneth Trociuk reports The company has received additional assay results from the Prime Resources/Homestake Canada exploration program on the PRU Block of Kenrich's wholly owned Corey property. From a total of 228 rock samples taken from the Lower Cumberland, the following samples returned significant results:

Sample Sample Gold
No. Lithology type (ppm)

21023 rhy bx grab 0.79
21071 mudstone grab 0.14
21431 mudstone 0.5 m chip 0.1
22589 rhyolite chip 0.24
22613 rhyolite 0.2m chip 0.17
22853 dacite chip 0.05
22654 rhy bx 0.25m chip 0.09
23019 rhyolite grab 0.28
23022 mudstone grab 0.15
23418 mudstone grab 0.06
23419 mudstone grab 0.06
23420 mudstone grab 0.08

Sample Silver Zinc Arsenic Antimony
No. (ppm) (ppm) (ppm) (ppm)

21023 13.6 1460 1,853 13
21071 7 3 435 10
21431 5.7 1687 711 10
22589 3 70 403 17
22613 7.7 77 650 13
22853 2.4 449 248 -5
22654 7.7 2,099 206 -5
23019 59.9 31,813 412 -5
23022 2.4 449 601 10
23418 7.7 423 643 16
23419 3.2 71 712 10
23420 7.5 1,065 826 22

For more results, please refer to news in Stockwatch July 20, 1998, which reported gold results up to 6.67 g/t and silver results up to 344 g/t. All of these anomalous samples were taken from the same area of the lower Cumberland as was noted in the July 20 press release. Gold/silver ratios and elevated base metal contents reflect a similar geochemical signature to Eskay Creek. Prime has completed four drill holes in this area and looks forward to receiving the results which will be available in the coming weeks. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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