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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: JP who wrote (2150)10/14/1999 10:26:00 AM
From: Jesse  Read Replies (1) of 2514
 
...Moving on to facts... Folks, TWG has released more results:

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TWIN GOLD receives DIAMOND ANALYSIS on TORNGAT 1 dyke
Canada NewsWire
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TWIN GOLD CORPORATION
Canadian Quotes from Telenium
TWG. (TSE)

Attention Business Editors:

TWIN GOLD receives DIAMOND ANALYSIS on TORNGAT 1 dyke

TORONTO, Oct. 14 /CNW/ - Twin Gold Corporation (TSE: TWG) is pleased to
announce the diamond counts from caustic fusion analysis of grab samples taken
from Twin Gold's TORNGAT 1 kimberlite dyke on the Alluviaq Fjord, Ungava Bay,
northern Quebec.
The sample analysis, including the microdiamond extraction, selection,
and description was performed by the Mineralogical Services of Lakefield
Research Limited and yielded the following results:

<<
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Sample ID Weight/kg Number of Diamonds
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AD 01 132.89 36
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AD 02 39.61 62
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AD 03 17.20 3
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AD 04 16.10 8
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AD 08 6.39 3
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TOTAL 212.19 (468 lbs.) 112
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>>

The results of additional kimberlite samples from TORNGAT 1 and
TORNGAT 2 / 3 dykes, which are in the process of being analyzed, will be
reported as soon as they become available.
Of the 112 diamonds thirteen (13) are macrodiamonds with the largest
diamond measuring 1.65 mm. A macrodiamond is defined as exceeding 0.5 mm in at
least one dimension.
Dr. Bruce Jago of Lakefield Research said: ''The high proportion of white
and transparent stones compares very favourably with microdiamond populations
elsewhere in Canada.''
These results are in addition to the previously reported 26 diamonds
recovered from a 10.864 kg sample from TORNGAT dyke number 2 / 3.
Twin Gold in addition to exploring the diamond prospect on the east side
of the Ungava Bay in Northern Quebec is also an emerging producer of a low
cost gold mining project of 1 million ounces of gold and 3.2 million ounces of
silver reserves in Idaho, U.S.A.

-30-

For further information: Hermann Derbuch, P.Eng., Chairman, President &
CEO, Tel.: (416) 777-0013, Fax: (416) 777-0014, TWIN GOLD CORPORATION, Suite
1250, 155 University Avenue, Toronto, Ontario M5H 3B7, Web-site:
www.twingold.com, E-mail: Info@twingold.com
TWIN GOLD CORPORATION has 35 releases in this database.

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Gotta run, but these look fantastic at first reading...!
What a discovery!

-j
:>
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