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Gold/Mining/Energy : Kensington Resources Ltd. (V.KRT) * Diamond in the rough!
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To: ORVADO who wrote (446)10/4/1997 12:56:00 PM
From: Terence Mitchell   of 5206
 
Hi ORVADO,

here's a start to a list of current non-shareholders;

01. Shaun SPELLISCY (Rio Nevada) formerly owner of a percentage of the landholdings in the Shore Gold properties, since disposed of to Shore Gold. Alias ORVADO.

Here's a copy of the announcement;

----------------------------------------------------------------------

Purchase of diamond lands at Fort a la Corne complete
Shore Gold Inc (SGF)
Shares issued 10,117,217
Sep 2 close $0.40
Wed 3 Sept 97

News Release

Mr Kenneth MacNeill reports
Shore Gold has completed the purchase of the remaining 25% working interest in 11,520 acres of the Fort a la Corne diamond project from Rio Nevada Mines. Consideration for the remaining interest includes 250,000 common shares and a 3% net profits interest in favour of Rio. The purchase now gives Shore a 100% working interest in over 31,000 acres of land in the

Fort a la Corne area. The phase one drill program on the property identified a substantial resource of diamond-bearing kimberlite and the phase two drill program is now under way, including the extraction of a mini-bulk sample for macrodiamond recovery.

(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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