Columbia River Resources - CRVV on OTC NASDAQ Message Board

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Gold/Mining/Energy : Columbia River Resources - CRVV on OTC NASDAQ

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To: keith schaefer who wrote (62)	7/14/1999 3:25:00 PM
From: CIMA	of 280

This isn't the release we're waiting for: Wednesday July 14, 3:00 pm Eastern Time Company Press Release Nevada Pacific Completes Definitive Agreement With Newmont on Limousine Butte Property in Nevada VANCOUVER, BRITISH COLUMBIA--Nevada Pacific Gold Ltd. (VSE Symbol ''NPG'') is pleased to announce the closing of the Limousine Butte joint venture agreement with Newmont Gold Company, a wholly owned subsidiary of Newmont Mining Corporation (NYSE:NEM - news; NYSE Symbol ''NEM''). As announced on April 22, 1999 (News Release 99-06), Newmont can earn up to a 70 percent interest in Limousine Butte by completing a total of US $3.0 million on the project within six years. Exploration by Newmont on the property is currently underway. Blue Basin Property Update The Option to Purchase Agreement announced on March 16, 1998 (News Release 98-01) with Columbia River Resources Inc. [OTC BB:CRVV - news] with respect to Nevada Pacific's Blue Basin Property has been terminated. Nevada Pacific will seek a new joint venture partner for the property. ON BEHALF OF NEVADA PACIFIC GOLD LTD. Joe Kajszo, President and Director

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