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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Leigh McBain who wrote (2477)3/21/2000 12:56:00 PM
From: Jim O'Connell   of 2514
 
BAND-ORE RESOURCES LTD ("BAN-T;BNDOF-L") MARUM RESOURCES INC ("MMU-V") DUMONT NICKEL INC ("DNI-M") SOUTHERN AFRICA MINERALS CORP ("SAF-T") - Airborne Survey on Torngat South Diamond Property
Quebec Diamond Project-Torngat South Property

Band-Ore Resources Ltd. advises that a fixed-wing airborne magnetic survey will commence imminently on the 89-sq.-km. Torngat South diamond property located approximately 10 km. southeast of Twin Gold's (TWG.T) diamond-bearing dikes. Preliminary analysis of the remote sensing and previous airborne data suggests that several structures crosscutting the geological horizons are present on the property. These features are important as Twin Gold's diamondiferous dikes crosscut similar geological horizons. Preliminary analyses of past airborne surveys indicate the presence of circular magnetic anomalies on the property. The airborne survey, which will be completed before the end of the month, should clearly identify these anomalies and structures.

The airborne survey is a combined effort in cooperation with Marum Resources (MMU.V) and Dumont Nickel Inc. (DNI.M) in order to achieve a cost-efficient program. The Torngat South property is a 50/50 joint venture with Southern Africa Minerals Corporation (SAF.T).

Band-Ore Resources Ltd. is a diverse Canadian exploration company with two diamond projects, a platinum/palladium property west of Thunder Bay, Ontario and two gold deposits in Northern Ontario. Band-Ore is well financed, with over $1.0 million in the treasury after Officers and Directors recently exercised stock options totaling approximately $418,000. TEL: (905) 319-7469

Wayne J. O'Connor, President
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