New Blue Ribbon Resources Ltd (NBL.V was BLO) Message Board

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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)

NBL 8.460

0.0%

Oct 6 5:00 PM EST

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To: Chris A. who started this subject	5/4/2001 9:41:59 PM
From: Grant Movold	Read Replies (1) of 407

**INTERESTING NEWS** New Blue Ribbon's partner finds Moose mineralization New Blue Ribbon Resources Ltd NBL Shares issued 18,404,333 May 2 close $0.25 Thu 3 May 2001 News Release Mr. Larry Kryska reports New Blue Ribbon has received information regarding progress of the exploration program being performed by its joint venture partner, BHP Diamonds Ltd., on the Moose project in northeast Manitoba. The drilling of magnetic anomalies in two holes of the program encountered significant amounts of sulphides in both holes. One hole intersected 48.8 metres of sulphide mineralization and the other hole hit 22.8 metres of sulphide mineralization along the same geological horizon. Cores from these two holes have been shipped to BHP's warehouse and are currently being relogged in detail and will be submitted for assay. Results are expected within the next two to three weeks. Larry Kryska, president of New Blue Ribbon, said: "As occasionally happens, the search for kimberlite using magnetic data has resulted in the discovery of another quite different and interesting magnetic rock type. We cannot make any further observations on the significance of this sulphide mineralization until we receive the assay results." WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2001 Canjex Publishing Ltd.

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