Click the type to read it (20c), click the symbol for quote/chart (free)
Date Sym Company Type Headline
20011228 0843 NBL New Blue Ribbon Resources Ltd News Release New Blue to acquire interest in the Lac Joubert property
""
New Blue Ribbon Resources Ltd.
133 Winfield Heights, 52210 RR232
Sherwood Park, Alberta Canada T8B 1B9
Tel: (780) 417-5117 Fax: (780) 417-5181
E-Mail Address: info@newblueribbon.com
NEWS RELEASE
CDNX SYMBOL: NBL December 28, 2001
New Blue Acquires Diamond Property Within Otish Mountains, Quebec
New Blue Ribbon Resources Ltd. is pleased to report that it has signed a
letter of intent to acquire a 90% interest in the "Lac Joubert Property",
which is adjacent to the Majescor - BHP Joint Venture within the Otish
Mountains region of Northern Quebec. The project totals about 7,000 acres
(28 square kilometers) of permit applications. The Otish Mountains area is
within the Superior Craton, which represents one of the worlds largest
accumulations of Archean crustal rocks.
The property is strategically located along the east side of the Majescor -
BHP Otish Mountains Property. It is less than 35 km up-ice of the Ashton -
SOQUEM Inc. Renard 1 and 2 kimblerlites. The diamond potential of the area
was confirmed when Ashton (December 17, 2001) reported that 163.1 kg sample
from the Renard 2 kimberlite contained 116 microdiamonds and 29
macrodiamonds. As reported by Ashton – SOQUEM Inc. and Majescor - BHP the
region is of particular interest as it has returned multiple indicator
trains of kimberlitic minerals with exceptional quality chemistries, these
include pyrope garnets with high chromium, low calcium (“G10”) chemical
compositions and diamond inclusion chromites.
Subject to Regulatory Approval, New Blue Ribbon Resources Ltd. has the
option to earn a 90% interest in the "Lac Joubert Property" for a cash
payment of $15,000 on or before Jan. 15, 2002, and the issuance of 200,000
common shares. It is also the intention of the parties to issue an
additional 200,000 common shares upon the discovery of a diamondiferous
kimberlite within the property. The vendors of the property Richard Hajduk
and Jody Dahrouge, who are also directors of the company, will retain a 10%
interest in the property, the nature and extent of which shall be subject to
further negotiation and final regulatory approval.
This Press Release was prepared on behalf of the Board of Directors, which
accepts full responsibility for its contents.
ON BEHALF OF THE BOARD
“Larry Kryska”
Larry Kryska, President & Director
FOR FURTHER INFORMATION PLEASE CONTACT:
Larry D. Kryska
Telephone: (780) 417-5117, Facsimile: (780) 417-5181, E-Mail
info@newblueribbon.com
The Canadian Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
..""
Chucka OLD stuff BELOW Neat Sparklies:
20011220 0847 NBL New Blue Ribbon Resources Ltd News Release New Blue Ribbon subsidiary wraps up Prairie River deal
20011112 1106 NBL New Blue Ribbon Resources Ltd News Release New Blue Ribbon appoints Arctic Star Energy president
20011108 0937 NBL New Blue Ribbon Resources Ltd Cease Trade Indiv Rescinded New Blue Ribbon cease trade individual revoked
20011030 1232 NBL New Blue Ribbon Resources Ltd News Release New Blue Ribbon to acquire 20% interest in Montello
20011029 1038 NBL New Blue Ribbon Resources Ltd News Release New Blue releases Wild Goose preliminary results
20011003 1023 NBL New Blue Ribbon Resources Ltd News Release New Blue Ribbon chase ends with 60% Wild Goose interest
20011002 1659 NBL New Blue Ribbon Resources Ltd News Release New Blue Ribbon nets Wild Goose property
20010824 1311 NBL New Blue Ribbon Resources Ltd News Release New Blue's Lyons cease trade revoked by the BCSC
20010815 1207 NBL New Blue Ribbon Resources Ltd News Release New Blue makes changes to its board; amends options
20010808 1816 NBL New Blue Ribbon Resources Ltd Street Wire Marum remains hopeful in Manitoba
20010801 1452 NBL New Blue Ribbon Resources Ltd News Release BCSC in the matter of Kryska
20010712 1353 NBL New Blue Ribbon Resources Ltd Private Placement New Blue 2,197,999 share private placement |
