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Gold/Mining/Energy : International Riley Resources (V.IRR)

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To: Chuca Marsh who wrote (80)	8/26/1997 10:47:00 AM
From: Carol	of 136

Good Morning Chuca: Thanks for the news release: I just got this off the website Stephen gave us, if you haven't visited there, I would urge you to do so. There are maps of properties and their proximity to other companies, some of which have been mentioned on here........ Carol BHP-Dia Met recently obtained federal approval to construct a diamond mine in the Lac de Gras region of the Northwest Territories. Aber-Kennecott's nearby Diavik project is well advanced and should enter the permitting stage in the next year. These two mines will account for at least 15% of world diamond output at full production. Lytton Minerals and Mountain Province also have advanced stage projects with production potential. In addition, recent till sampling results from a Winspear/Aber joint venture west of Lac de Gras suggests a high grade diamond cluster exists nearby. ITL and Riley each hold a 50% interest in the CJ Claim Group. High concentrations of diamond indicator minerals have been reported from the CJ claim group along with 18 potential kimberlite targets. ITL, Riley and NCC Mining are also joint venturing the adjacent DC claim group in the Lac de Gras region.

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