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

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To: SWW who wrote (86)10/21/1999 1:45:00 PM
From: CIMA  Read Replies (1) of 280
 
Columbia River Resources Inc.
Suite 304 - 856 Homer Street
Vancouver, British Columbia V6B 2W5
Tel: (604) 688-1163
Fax: (604) 688-6375
Website: www.columbiariver1.com

NEWS RELEASE

October 14, 1999 99-03

PHASE ONE EXPLORATION RESULTS AT AYACO DEFINE SEVERAL GOLD ANOMALIES

Columbia River Resources Inc. (OTC Bulletin Board listed symbol "CRVV") is pleased to announce results from its Phase One Exploration program on Ayaco's Tanoso Reconnaissance License located on the north easterly extension of the Yamfo Gold Belt in Ghana, Africa. (see News Release 99-02)

Gold in soils along the fault controlled sedimentary volcanic contact reached values in excess of 1 gram per ton and defined a 1000 metre anomaly of greater than 200 ppb gold over an average width of 75 metres. A second anomaly also on trend is defined by 50 ppb gold along a length of 1000 metres with an average width of 100 metres.

A program of infill sampling and trenching will commence October 18, 1999. Further anomalous geochemistry 10 Km further to the northeast will also be followed up along with a second parallel trend 5 Km to the southeast.

For further information on the Yamfo Gold Trend please visit www.moydow.com or www.normandy.com

ON BEHALF OF COLUMBIA RIVER RESOURCES INC.

Robert Ferguson,
President

For further information or to view the complete CME Report on Ayaco visit our website at www.columbiariver1.com or contact us by telephone at (604) 688-1163
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