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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Larry Meneely who wrote (2099)10/6/1999 7:05:00 PM
From: Jesse  Read Replies (4) of 2514
 
Oct.7/99 News Release: Additional Gold Results - Chinchaga Project

________________ MARUM RESOURCES INC. __________________
marumresources.com

SEC 12g(3) Exemption 82-4100
ASE Trading Symbol "MMU" Standard & Poor's Corporate
Manual Listing

Additional Gold Results - Chinchaga Project

October 7, 1999 -- Marum Resources Inc. reports on the status of the
Chinchaga project. Marum is the operator of the International Tower
Hill/Marum and Micrex/Marum joint ventures and explores its 100% owned
properties in the Chinchaga area of northwestern Alberta.

Further to our news release of October 5, 1999 additional gold assay results
have been received from Loring Laboratories in Calgary and are reported below
together with the previously announced gold results.

Sample results followed with * were announced on October 5, 1999

Sample No: Gold (g/tonne)
9DPB312 0.035 *
9EMB257 0.203
9DPB310 0.250 *
9DBP311 0.325 *
9EMB255 0.397
9EMB256 0.406
9DBP302 0.640 *
9EMB253 0.680
A1-GREE 0.750 *
9EMB252 1.175
9EMB254 1.927

Average 0.617 (excluding sample 9SJP103)

9SJP103 46,670 *

The results indicate that the gold grades persist through a small but growing
sample database. The average grade for 11 rock samples from three outcrop
areas within a defined stratigraphic unit along a 33Km expansion fault zone
is 0.617 g/tonne.

Additional rock outcrop samples taken during the September field program have
been submitted for fire assay and the results will be announced as they are
received.

Preparations for an intensive sampling program to be carried out in
mid-October are well underway.

FOR FURTHER INFORMATION:
Richard A. Boulay,
President & Director
president@marumresources.com

The Vancouver Stock Exchange and The Alberta Stock
Exchange have not reviewed and do not accept
responsibility for the adequacy or accuracy of
this release.
_____________________________________________________________
-------------------------------------------------------------

- Note that the extra high reading (i.e., sample 9SJP103) has been excluded from
the 'average' calculation.

* I see this NR is already posted on Marum's website:
marumresources.com


= = = = = = = = = =

--Shapin' up nicely m'friends

Cheers,
-j
:>
From the NR:
...for 11 rock samples from three outcrop areas within a defined stratigraphic unit
along a 33Km expansion fault zone
...
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