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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)
NBL 8.4600.0%Oct 6 5:00 PM EST
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To: GWalker who wrote (296)9/24/1999 2:36:00 PM
From: Chuca Marsh  Read Replies (1) of 407
 
NEWS on ARIAL SURVEY WORK:
New Blue Ribbon Resources Ltd -

New Blue Ribbon appoints Stephen A. Smart director;
completes Pelican Mountain survey

New Blue Ribbon Resources Ltd
NBL
Shares issued 7,994,812
1999-09-20 close $0.12
Tuesday Sep 21 1999
Mr. Larry Kryska reports
New Blue Ribbon Resources Ltd. has appointed Stephen A. Smart to its board of
directors.
The company is also pleased to announce that the aeromagnetic survey conducted
by Terraquest Ltd. on the company's 450,000-acre Pelican Mountain block has
now been completed. The company expects preliminary results on the western
portion of the property shortly. The eastern portion, as announced earlier, has
delivered numerous anomalous areas on initial preliminary data. The final product
from the aeromagnetic survey for the eastern portion will also be available within
weeks.
The company is optimistic with its recent heavy mineral discovery in the Pelican
Mountains. Recent results indicate the orebody consists of approximately 80 per
cent dark opaque oxide minerals that may have economic value. The company
expects further results soon that will better define the deposit. Currently, all
analysis are conducted by the Saskatchewan Research Council.
canada-stockwatch.com
Chucka- 80 per cent dark opaque oxide minerals that may have economic value
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