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Gold/Mining/Energy : Latitude Minerals LTU.V

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To: Richard Cushnie who wrote (301)11/24/1999 1:42:00 AM
From: Richard Cushnie  Read Replies (1) of 366
 
Latitude completes phase 1 Pan drilling program

Latitude Minerals Corp LTU
Shares issued 2,901,842 Nov 22 close $0.20
Tue 23 Nov 99 News Release
Mr. John Carden reports
Latitude Minerals has completed phase 1 of the reverse circulation drilling
program at its Pan property, along the prolific Battle Mountain-Eureka gold
trend of eastern Nevada. Seventeen holes were completed for 7,288 feet of
drilling. The program was designed to test for extensions of the currently
defined resource; identify higher grade feeder structures; and discover new
mineralization at the company's recently identified Middle Pan gold target,
which was disclosed in a company news release in Stockwatch April 20.
Preliminary results have been received for the first five holes, which were
submitted for fire assay on Nov. 8, with the remaining 12 holes delivered
to the lab in Spokane on Nov. 19 to 21. Currently, check assays and reassay
of overlimits from the first group of samples are being performed. The
intercepts from the first five holes, along with the results from the
remaining 12 holes, will be released as soon as pending assays and checks
are received, anticipated by Dec. 1.
(c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com
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