Canadian Golden Dragon (V.CGG) Message Board

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Gold/Mining/Energy : Canadian Golden Dragon (V.CGG)

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To: Bobby Yellin who wrote (81)	7/10/1997 8:54:00 AM
From: tanoose	of 125

Hello Bobby;***NEWS RELEASE****** Nighthawk drilling resumes Canadian Golden Dragon Resources Ltd CGG Shares issued 7,803,760 Jul 8 close $0.26 Wed 9 Jul 97 News Release See Cross Lake Minerals Ltd (CRN) News Release Messrs James Tutton, Anthony Crossley, and Kenneth Crosby report Canadian Golden Dragon Resources, East West Resource Corp, and Cross Lake Minerals, have been advised by Golden Knight Resources that diamond drilling has resumed on a promising base metals (copper) zone on the Nighthawk property near Sheraton Lake in northern Sheraton Township. The area being tested forms part of the 637 claim unit Nighthawk property held by the company (40%), East West Resources Corp (40%) and Canadian Golden Dragon Resources Ltd (20%) and under option to Golden Knight Resources. The drill will test two electromagnetic conductors on extension to the copper mineralization that was intersected in holes SKG97-2 (3 metres of 1.8% copper) and SKG97-3 (two 1.0 metre sections of 1.34% and 1.24% coper). The details of this earlier drilling were set out in the company's news release of June 24 1997. The drill will then be moved two kilometres to the southwest where three or four holes will be drilled on some newly acquired mining claims that also form part of the Nighthawk property. This drilling is to determine whether there is a westward extension into the Nighthawk property from the base metals discovery, announced on June 20 1997 on the company's 100% owned Sheraton Timmins property. The program is intended to generally outline the nature and extent of the copper and/or zinc mineralization and any associated silver and gold values. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com With regards,Frank

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