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

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To: stak who wrote (97)12/11/1996 4:49:00 PM
From: nammir chucri   of 138
 
Acquisition of Claims in Sept-Iles Region

MONTREAL, Dec. 11 /CNW/ - Cancor Mines is pleased to report the acquisition of 24 claims strategically located in the
Sept-Iles region, more precisely in the Lac Volant area, where the Quebec Government recently made a significant
nickel-copper-cobalt discovery similar to the first Voisey Bay discovery.

The Nipisso property located 14 km north of this major showing lies in the same geological environment as Lac Volant.
Moreover, a showing found on the north-east part of the property contains 1.2% Copper. Geophysical work will be done to
identify further targets.

Cancor Mines has a 100% interest in the Nipisso property subject to a net smelter return of 1% to the vendors.

For further information: Kamil Khobzi, (514) 842-6684
December 11, 1996
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