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Gold/Mining/Energy : CONSOLIDATED SHOSHONI GOLD INC.-CHJ.V-a quick double

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To: diddlysquatz who wrote (187)5/27/1997 12:48:00 PM
From: diddlysquatz   of 239
 
Latest News Release

CONSOLIDATED SHOSHONI GOLD INC.
Trading Symbol ~ CHJ-V

A Member Company of the C.S.E. Capital Group

609 - 475 Howe Street, Vancouver, BC V6C 2B3
Tel: (604) 682-1643 Fax: (604) 682-1666
Toll-Free: 1-800-419-0730

You can reach us at our new web site: HYPERLINK shoshoni.com www.shoshoni.com or e-mail us at: csecap@direct.ca


NEWS RELEASE

May 26, 1997

Consolidated Shoshoni Gold Inc. (the "Company") will not be proceeding with the brokered special warrant private placement, consisting of 2,000,000 special warrants at $0.30 for proceeds of $600,000, announced February 25, 1997.

On April 18, 1997, the Company announced the signing of a Letter of Intent to acquire an option interest in the Yubay Mineral concession located in Baja California, Mexico. The Company will not be proceeding with this acquisition.

Consolidated Shoshoni has targeted its' claims in the Nicola Valley Mining District, near Merritt, British Columbia, and the Finlayson Lake area of the Yukon Territories as focal points for the 1997 exploration season.

CONSOLIDATED SHOSHONI GOLD INC.

George Erskine, President

The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of this news release.
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