BRE-X STATES CONFIDENCE IN BUSANG ASSAY RESULTS
CALGARY - BRE-X MINERALS LTD.,
(T-BXM, ME-BXM, NASDAQ-BXMNF)
President and Chief Executive officer, David G. Walsh, stated March 23 that "the company's Board of Directors has absolute confidence in the integrity and accuracy of assay results and resource calculations reported by the company for the Busang Gold deposit since inception of exploration in 1993.
Unfortunately, when the first ounce of gold is poured at Busang, I am sure the naysayers will complain about the colour."
The company's technical team, under the direction of John B. Felderhof, has arrived in Jakarta to ensure continuity of the process that will secure the expeditious development of the Busang Gold Deposit.
The continuing proliferation of falsehoods and misinformation based on unsubstantiated allegations by unnamed sources, as well as recent personal attacks on Bre-X management, has prompted the management of Bre-X to consider legal action against certain parties and publications, due to the erosion of share value which has resulted from these reports.
ON BEHALF OF THE BOARD
DAVID G. WALSH
Chairman, President & Chief Executive Officer |
