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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA
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To: Don craig who wrote ()4/4/2000 5:57:00 PM
From: Leigh McBain  Read Replies (1) of 2514
 
Boy, did this place ever dry up. Oh well, for those of you watching, here's todays release.

Salut,
Leigh McBain

MARUM RESOURCES INC ("MMU-V") - Torngat Airborne Magnetic Survey
Marum Resources Inc. announces that it has commenced a high-resolution airborne magnetic survey that will cover the company's four exploration permits in the Torngat diamond area of Quebec. The permits (Nos. 1466, 1477, 1486 and 1488) cover a total area of 242.5 square kilometres that were obtained because of structural similarities with the adjoining and nearby properties of Twin Gold Corporation. Twin Gold is currently conducting mini-bulk sampling on selected kimberlite dyke locations. Marum properties are located as near as 4 Km from the initial Twin Gold discovery site.

Marum's air magnetic survey forms part of a joint exploration effort with four other companies under an arrangement where common costs are shared to the mutual benefit of all participants. The contractor is Spectra Exploration Geoscience Inc.

Marum has applied for and has received approval for financial assistance under the provisions of the Quebec Mineral Exploration Assistance Program. Under this program, administered by the Quebec Ministry of Natural Resources, Marum will qualify for a 50% refund of exploration expenditures associated with the airborne magnetic survey. TEL: 403-243-9500 Richard A. Boulay, President & Director TEL: 604-602-1440 Arness Cordick TEL: 800-321-8564 Internet: marumresources.com
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