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Gold/Mining/Energy : ASHTON MINING OF CANADA (ACA)

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To: Famularo who wrote (2148)9/15/1997 8:19:00 AM
From: Jimsy   of 7966
 
Hi Frank - looks like others are getting organized to do their field work, and if we get numerous targets, pipes, some diamondiferous from other properties, this will certainly be exciting stuff!!

September 14, 1997

Alberta Diamond Exploration to Commence on Notikewan Property.

Vancouver, BC: Patrick Power, President of Everest Mines & Minerals Ltd. is
pleased to announce that preliminary work has commenced, leading to the
completion of the airborne magnetic survey of the Company's Notikewan
(Peace River) Property located in the Buffalo Hills area of Alberta. This
survey will cover the entire 29 township (approximately 667,000 acre)
mineral claim area. The survey is intended to locate anomalous magnetic
zones that host kimberlite formations.

The Wabaska Property (south east of the Notikewan Property covering an
area of 13 townships approximately 299,000 acres ) is the next claim area
to be surveyed in the planned sequence. All eight Everest Properties in the
Buffalo Head Craton, comprising approximately one million four hundred
thousand acres are scheduled to be surveyed subsequently.

Preliminary data returned to date on the completed survey of the Burnt
River and Horseshoe Properties (Joint Venture with New Claymore Resources
& Blackrun Ventures Inc.) are currently being processed.

On behalf of:
Everest Mines & Minerals Ltd.

Patrick Power
President & Director

The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.

Michael J. Piek
piek@helix.net

Everest Mines & Minerals LTD.
North American Toll Free: 1-888-295-5512
Tel: (604) 689-5300 Fax: (604) 689-8199
P.O. Box 49057
1473-595 Burrard Street, Bentall Centre III,
Vancouver, BC, Canada
V7X 1C4
Trading Symbol: EVR - Vancouver Stock Exchange.
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