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Gold/Mining/Energy : Free for all as quebec nickel-copper rush is on

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To: nammir chucri who wrote (42)11/10/1996 10:35:00 AM
From: go4it   of 138
 
Hi Nammir and Philip,

Thought you would be interested in this news release :

OCTOBER 3, 1996

-NEWS RELEASE-

ACQUISITION OF CLAIMS, LAC VOLANT, SEPT ILES AREA, QUEBEC

Golden Tag Resources Ltd. (the "Company") announces that, subject to regulatory approval, it has acquired a 100% interest
in a block of 32 claims located 1.5 km northeast of the territory withdrawn from staking by the Quebec government in the Lac
Volant region near Sept Iles, Quebec. Government geologists discovered significant nickel and copper mineralization in
gabbros along the western boundary of the Manitou Intrusive Complex. Two mineralized zones returned assays averaging
2% nickel and 2% copper.

The Company's property covers part of the eastern boundary of the same intrusive complex, within a geological
environment similar to that found at the discovery. The Company acquired the property for a payment of $10,000 and 50,000
shares. An exploration program is planned which will focus on defining the cause of a large magnetic anomaly cutting
across the property.

For more information, contact Marc A. Carrier, President, Golden Tag Resources Ltd. at (514) 426-8542; FAX :
(426-8543)

The Vancouver Stock Exchange has neither approved nor disapproved the content of this release.

Also, they have a very basic map of the area at : goldentag.ca

Best wishes,

Chuck
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