SUDBURY AREA AND THE PGM PLAY Message Board

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Gold/Mining/Energy : SUDBURY AREA AND THE PGM PLAY

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To: Elizabeth Andrews who wrote (142)	3/2/2000 10:34:00 AM
From: Just G	Read Replies (1) of 349

Canadian Company Press Release AQI 2000-03-02 (provided courtesy of Canadian Corporate News.) register to receive future releases by email from CCN Aquiline expands PGM property holdings in the River Valley area near Sudbury TORONTO, ONTARIO--Aquiline Resources Inc. is pleased to announce that it has acquired 2 further claim blocks in the River Valley area near Sudbury. The blocks, totaling 27 units are located in Dana and Pardo Townships and are contiguous to the property held by the Pacific North West Capital ("PFN")/Amplats joint venture. According to a PFN news release of Feb 16, 2000 drilling will be underway shortly on their Dana Lake discovery which is located within 1,000 feet of the common boundary. The claims are being acquired from an individual and terms of the acquisition call for Aquiline to pay $20,000 in cash, issue 50,000 common shares, and leave the vendor with a retained 3% NSR. The deal is subject to CDNX approval. The acquisition of this property expands Aquiline's already significant holdings in the River Valley area, which include the property that adjoin the southern end of the PFN/Amplats JV. Aquiline plans further PGM related acquisitions in effort to become one of the leading junior exploration companies focused on the search for new commercial sources of these metals, which are in high demand for their use in electronic and automotive catalyst applications. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Marc C. Henderson, President Tel: (416) 599-4133 The CDNX has neither approved nor disapproved the contents of this release.

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