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Gold/Mining/Energy : Consolidated Pine Channel Gold Corp - V.KPG

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To: Steve Simmons who wrote (6)1/6/1997 11:36:00 PM
From: Sean Bork   of 25
 
Wow. A voice from the mist. Not much is happening with this stock as you probably know already. I am still holding fast with my stock. Last I heard or read was that they are doing trenching and some drilling on some of their properties. Here is the last release I have:

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: CONSOLIDATED PINE CHANNEL GOLD CORP.

VSE SYMBOL: KPG

JANUARY 2, 1997

Consolidated Pine Channel - Drill Program - Asbell Bay
Property

VANCOUVER, BRITISH COLUMBIA--Mr. Dale W. Hoffman, President of
Consolidated Pine Channel Gold Corp. (the "Company"), is very
pleased to report that a 10-hole diamond drill program has been
completed on the Company's Asbell Bay, Saskatchewan, joint venture
property.

The drilling was carried out over what is believed to be a
continuous strike length of over 3,000 feet. Mineralization was
encountered in all holes, with the two most interesting holes,
from visual observations, being DDH-96-6 and DDH-96-10.

DDH-96-6, drilled under the Discovery Zone, encountered
mineralization over 130 feet true width, and DDH-96-10, drilled
under the Crocodile Zone, encountered mineralization of 60 feet
true width, although only assays will determine grade and width.
Drill core has been split and sent for assay, and results will be
available by mid-month.

Mineralization on surface of the Discovery Zone was very
encouraging. The seven samples taken, of fresh material from
blasting, each weighing over 2 lbs., averaged 1.12 percent copper,
1.33 percent moly, with 3.59 grams of gold per tonne. Results
from trench samples taken north of the Crocodile Zone returned
gold values of 0.411 oz/ton over 5.5 feet.

CONSOLIDATED PINE CHANNEL GOLD CORP.

Dale W. Hoffman, President

-30-

FOR FURTHER INFORMATION PLEASE CONTACT:

Consolidated Pine Channel Gold Corp.
Dale W. Hoffman
President
(604) 684-5118
(604) 682-8566 (FAX)
E-mail: jnrres@skybus.com
infodine.com

The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the accuracy or adequacy of the content of this
News Release.
--------------------------------

Sorry it took so long for me to respond. I'm not usually this bad. But over the holidays I figured that not much was going to happen so I kind of left off reading my mail etc. I'm back now so respond as you wish.

Cheers,
Sean
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