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Gold/Mining/Energy : Twin Mining (formerly Twin-Gold)

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To: don jackson who started this subject2/7/2002 2:46:27 PM
From: Jordan Levitt  Read Replies (1) of 613
 
Twin Mining announces Freightrain JI-FT-04 Core Sample Results

Symbol: TWG
Industry: MNG
News release via Canada NewsWire, Toronto 416-863-9350 -ME-

Attention Business Editors:

TORONTO, Feb. 7 /CNW/ - Twin Mining Corporation ("Twin Mining") (TWG -
TSE) is pleased to announce that diamond analysis on kimberlite from drill
core JI-FT-04 from the Jackson Inlet Freightrain pipe ("JI-FT") indicates
comparable results to trench results reported in the press release of
December 20, 2000.
Diamond extraction and analysis was performed by Lakefield Research
Limited ("Lakefield"). Lakefield Research is accredited by the Standards
Council of Canada and CAEAL for specific registered tests.
The JI-FT-04 results indicate not only reproducibility but also an actual
increase in the proportion of larger diamonds. Hole JI-FT-04 drilled
vertically is located between trenches JI-1 and JI-2 (see press release Dec.
20, 2000).

<<
Freightrain, JI-FT-04 Core Sample Results by Largest Stone Dimension
-------------------------------------------------------------------------
Number of Diamonds
Hole No. Sample -----------------------------------------------------
weight Total 0.5mm to 1.00mm 1.0 to 2.00mm + 2.00mm
(kg) Diamonds one dimension one dimension one dimension
-------------------------------------------------------------------------
JI-FT-04 234 70 6 2 2
-------------------------------------------------------------------------

-------------------------------------------------------------------------
Trench JI-1 412 213 12 7 0
-------------------------------------------------------------------------
Trench JI-2 380 142 6 5 2
-------------------------------------------------------------------------

Freightrain, JI-FT-04 Core Sample Results by Screen Size
-------------------------------------------------------------------------
Number of Diamonds
-----------------------------------------------------
Hole No. Sample Total Diamonds Diamonds Diamonds
weight Diamonds 0.425 to 0.85mm 0.85 to 1.18mm 1.18mm
(kg) sieve size sieve size sieve size
-------------------------------------------------------------------------
JI-FT-04 234 70 7 1 2
-------------------------------------------------------------------------

-------------------------------------------------------------------------
Trench JI-1 412 213 11 1 1
-------------------------------------------------------------------------
Trench JI-2 380 142 9 1 2
-------------------------------------------------------------------------
>>

Hermann Derbuch, President & CEO of Twin Mining said: "We are very
encouraged by the results of this drill hole which indicates the
reproducibility of diamond results at depth and the fact that the two largest
stones were recovered from sections of NQ core (47mm) located at depths of
45.8 meters and 79.2 meters respectively".
The two largest stones measured 2.05x1.43x0.21 and 2.08x1.43x0.94mm.
Eight (8) of the (10) JI-FT-04 macro-diamonds are greater than 0.5mm in at
least two dimensions and four (4) of four (4) are greater than 1mm in at least
two dimensions.
Diamond results from 14 other JI-FT core holes that intersected
kimberlite and two (2) Cargo1 core holes will be announced as soon as they
become available. Diamond extraction from the six JI-FT mini-bulk samples,
having a dry weight of 228 tonnes, is advancing on schedule, with results
expected by the end of the month.
Twin Mining's processing and diamond extraction at Lakefield is regularly
audited according to a Quality Assurance/Quality Control program established
by MRDI Canada, a division of AMEC E & C Services Limited, an independent
internationally recognized firm.
Twin Mining, in addition to exploring the 100% owned Jackson Inlet
diamond project on Baffin Island and the 100% owned TORNGAT diamond project
on the east side of Ungava Bay in northern Quebec, also holds a gold mining
project in Idaho, United States of America.

-0- 02/07/2002
/For further information: Hermann Derbuch, P.Eng., Chairman,
President & CEO, Tel.: (416) 777-0013, Fax: (416) 777-0014,
E-mail: info(at)twinmining.com/
(TWG.)

CO: Twin Mining Corporation
ST: Ontario
IN: MNG
SU:

-30-
End of News
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