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Gold/Mining/Energy : Wolfden Resources YWO.CDNX

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To: Al Collard who wrote (27)	9/4/2002 2:41:02 PM
From: Pete	Read Replies (1) of 83

Thanks Al- another press release today for Wolfden- --------------------- Wolfden's JV partner starts drill program on Monument Wolfden Resources Inc YWO Shares issued 15,504,421 Sep 3 2002 close $ 0.98 Wednesday September 4 2002 News Release Also Bema Gold Corp (BGO) News Release Mr. Ewan Downie of Wolfden reports WOLFDEN - JOINT VENTURE PARTNER BEMA GOLD BEGINS DRILL PROGRA ... A summer drill program has been initiated by Bema Gold on the Monument Bay property, located in Northern Manitoba. Bema has an option to earn up to a 70-per-cent interest in the property. The current program is designed to examine the continuity of previous drilling at the Seeber West and Seeber River areas of the property. The Seeber River areas are located on the western extension of the Twin Lakes/Monument Bay deformation zone which, to the east, is host to the Twin Lakes gold zones. Drilling of the Twin Lakes B zone has outlined a resource of 500,600 tonnes grading 18.5 grams per tonne (g/t) Au for a total of 300,000 ounces of gold, as calculated by Bema following the completion of the 2002 winter drill program. The current program will consist of eight to 12 holes totalling approximately 2,500 metres. Previous drilling in the Seeber West area has returned intersections as high as 106.9 g/t Au across 2.9 metres and drilling in the Seeber River area has returned intersections as high as 26 g/t Au across 9.3 metres. This drilling is part of a large drill program designed to outline economic mineralization at Monument Bay. Once winter ice conditions are appropriate, a 10,000-metre drill program will commence on the Twin Lakes and Seeber River zones. WARNING: The company relies upon litigation protection for "forward-looking" statements. (c) Copyright 2002 Canjex Publishing Ltd. stockwatch.com

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