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Gold/Mining/Energy : Columbia Yukon Resources (A.CYR)

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To: dvid who wrote (652)4/30/1998 3:05:00 PM
From: Flea  Read Replies (1) of 686
 
Columbia Yukon Resources Ltd -

Mustang property drill program to continue


Columbia Yukon Resources Ltd
CYR
Shares issued 20286888
1998-04-29 close $0.2
Thursday Apr 30 1998
See International Butec Industries Corp (IB) News Release
Mr. Gerry Runolfson reports
The Alberta Public Lands Department has given approval to International Butec and its joint venture
partner Columbia Yukon (the operator), for the continuance of the Mustang property drill program.
Drill crews are mobilizing to the project site and it is expected that diamond drilling will start on a
number of anomalous targets in the central and southwestern region that have been identified in two
cluster groups.
The program is designed to test for the presence of diamond bearing kimberlitic structures as evidenced
by the continuing success of Ashton/Pure Gold/Alberta Energy's Buffalo Head discovery 36 miles to the
northeast.
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