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Microcap & Penny Stocks : TGL WHAAAAAAAT! Alerts, thoughts, discussion.

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To: SSP who wrote (1942)	6/29/1999 4:35:00 PM
From: SSP	Read Replies (2) of 150070

Canadian Company Press Release DNI 1999-06-29 (provided courtesy of Canadian Corporate News.) register to receive future releases by email from CCN Dumont Nickel Inc. - Press Release TORONTO, ONTARIO-- Raglan Drilling Started June 28, 1999 Denis Clement, Chairman of Dumont Nickel Inc. (DNI-M), is pleased to announce that Dumont commenced drilling on its Lac Raglan Property today on June 28, 1999. Further details on Dumont and its properties may be obtained at Dumont's website at dumontnickel.com. Dumont's exploration program includes 23 drill-holes (average approximately 250 meters, totaling 6,000 meters), which will be completed between June 1999 and September 1999. Dumont has commenced drilling at its LR-2 target about 900 meters from the west border between the Lac Raglan property and Falconbridge's Raglan property. Three holes are planned at Dumont's LR-2 target, before moving to the LR-1 target where 6 holes are planned. Dumont's geologists have observed that a Falconbridge drill is currently operating near its east border with Dumont. Drill core will be transported approximately every two weeks by air to Bondar Clegg Laboratories in Val d'Or for assaying, with the first delivery currently scheduled for mid-July. First assay results are anticipated in late July. Dumont's 178 km2 Lac Raglan Property covers a strike length of 31 km of the prospective Raglan Horizon, contiguous and to the east of Falconbridge's Raglan mining camp. Six targets interpreted as mineralized ultramafic rocks in the Raglan Horizon have been prepared for this year's diamond drilling program. Dumont has completed an airborne geophysical survey on the eastern 17 km of the Lac Raglan Property and anticipates that additional drill targets in the Raglan Horizon will be defined. About 20 percent of the program is anticipated to be carried out on Dumont's Shoot Out Property, located in an east-trending belt of ultramafic rocks on the Delta Horizon 15 to 20 km south of the Raglan Horizon, where two drill targets were identified in 1998. Further details may be obtained at Dumont's Website at www.dumontnickel.com. THIS PRESS RELEASE WAS PREPARED BY DUMONT NICKEL INC., WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. NO REGULATORY AUTHORITY OR SIMILAR BODY HAS APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Dumont Nickel Inc. Denis Clement (416) 364-5569 or Dumont Nickel Inc. Tom Obradovich (705) 567 -6883 or Dumont Nickel Inc. Steve McIntyre (416) 368 - 1013 or Dumont Nickel Inc. 512-120 Adelaide St. West Toronto, Ontario Canada M4H 1T1 (416) 364-5400 (FAX) Email info@dumontnickel.com

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