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Gold/Mining/Energy : SOUTHERNERA (t.SUF)

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To: VAUGHN who wrote (3111)4/28/1999 4:13:00 PM
From: VAUGHN   of 7235
 
To All

Of interest off the wire:

Tahera Corporation - Update on new kimberlite discovery - Ice claims

TSE: TAH

TORONTO, April 28 /CNW/ - Tahera Corporation (''Tahera'') has been
advised by its joint venture partner, Kennecott Canada Exploration Inc.
(''Kennecott''), that two holes have been completed on the new ''Vega''
kimberlite, located on the Ice Claims in the Northwest Territories.
The vertical discovery hole intersected kimberlite from 17 meters to 61.8
meters, and the second hole, drilled at a 45 degree angle, intersected
kimberlite from 47 meters to 94 meters.
The kimberlite core has been sent to Kennecott's laboratory for caustic
fusion analysis to determine if it is diamondiferous. Results from the
analysis should be available within the next few weeks. Kennecott will
continue to drill additional kimberlite targets on the Ice Claims and the
Rockinghorse Property before the current exploration program is completed in May 1999.

Will post some more info later.

Regards
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