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

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To: Carol who wrote (97)9/23/1997 9:40:00 PM
From: Jimsy   of 136
 
Riley and jv - maybe this will get us some action on the front.

Company: Archon Minerals LimitedSymbol: ACSExchange: VSETelephone: (604) 682-3303Fax: (604) 682-2919Toll Free: Website: E-mail: September 23, 1997

V.S.E. Notice

Minor Property Transaction

The Vancouver Stock Exchange has accepted for filing an agreement dated July 31,1997 between Archon Mineral Limited (`Archon') and BMA Mining Corporation, ITL Capital Corporation and Riley Resource Ltd. (the `Companies') pursuant to which Archon may prospect on the DC Claims located in the MacKenzie Mining District, Northwest Territories (the `Property') for a period of one year. The Companies jointly hold the Property. In the event that Archon locates a kimberlite occurrence on the Property within one year, the Companies will transfer a 25% undivided interest in and to those claims covering the kimberlite occurrence and one kilometre radius from the kimberlite occurrence. The Property is subject to a 3% net smelter return royalty in favour of Ken Reser.
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