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Strategies & Market Trends : Winter in the Great White North

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To: ralfph who wrote (5512)	2/4/2004 11:37:33 PM
From: Rocket Red	Read Replies (1) of 8273

Falcon Ventures Inc (C-FIX) - News Release Falcon Ventures plans Island Lake drilling program Falcon Ventures Inc FIX Shares issued 8,099,258 Feb 3 2004 close $ 0.43 Wednesday February 4 2004 News Release Mr. David Power reports INCREASED INTEREST IN ISLAND LAKE AREA OF MANITOBA In view of increased interest in the area adjacent to Falcon Ventures' claims at Island Lake, Man., the company plans to accelerate its exploration activity in the area, subject to securing required financing. Recent staking and acquisitions of neighbouring claims by other parties has been observed. Placer Dome and others have leased or acquired mineral claims that now surround most of Falcon's Island Lake properties. David Power, president of Falcon, commented: "We are greatly encouraged when a company with the stature of Placer Dome Gold is active in the area of our claims. We believe that this supports our earlier evaluation of the potential of this area." The company geologist, Keith Metcalfe, who has had considerable field experience in this location, has recommended a drilling program be commenced as early as possible. Falcon's holdings extend for 10 kilometres of the known gold trend which runs through the company's claims. (c) Copyright 2004 Canjex Publishing Ltd. stockwatch.com old url (better for printing)

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