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Gold/Mining/Energy : Ballad Ent.;BDC.Vancouver

BDC 117.81

+1.1%

Jan 2 9:30 AM EST

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To: Chip McVickar who wrote (64)	11/1/1997 11:41:00 AM
From: arizona_ice_tea	of 107

BALLAD TO ACQUIRE TWO PROPERTY AREAS IN PERU Ballad wishes to announce that it is in the final stages of concluding the acquisition of an interest in two adjacent property areas located in the Quiruvilca mining district in Northern Peru. Investigations completed to date by Ballad's consulting geologists suggest the properties are of considerable merit and have excellent potential to host a large tonnage, low grade deposit. Ballad expects to conclude the acquisition within a few days. Exploration continues on Ballad's existing 55 property areas in Peru. BALLAD ENTERPRISES LTD. Ray Roland Director

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