NUMEROUS ANOMALIES... NEWS RELEASE OCT. 6, 1997
MARUM RESOURCES INC.
News Release # 97-15 SEC 12g(3) Exemption 82-4100
ASE Trading Symbol "MMU" Standard & Poor's Corporate Manual Listing
NUMEROUS ANOMALIES ON ALBERTA DIAMOND PROPERTY
October 6, 1997 -- The company announces that it has engaged APEX Geoscience
Ltd. to carry out geological reconnaissance and sampling operations on its
100% owned, 400,000 acre Chinchaga diamond property in Alberta. Mr. Michael
Dufresne of APEX will manage the program and personally conduct field
operations. Mr. Dufresne is an authority on Alberta geology and is the
primary author of the Alberta Geological Survey publication entitled
"Diamond Potential of Alberta".
The Company also reports that it has received from Spectra Exploration
Geoscience the final processed aeromagnetic data products covering most
of the Chinchaga diamond property.
Marum, Spectra and APEX geologists have positively identified multiple
clusters of aeromagnetic anomalies with pronounced basement roots. These
seem to fit the classical pipe models which consist of circular to
elliptical clusters of surface or near surface, 500 to 1000 metre
diameter individual anomalies which directly overlie large, deep, strongly
magnetic root structures.
Marum has decided that the outstanding quality of the clustered anomalies
and their large number merit immediate action. Accordingly, an accelerated,
helicopter supported anomaly identification and sampling program has been
initiated. Mobilization of field and helicopter crews is underway.
The field program is expected to last six weeks.
SOURCE: Richard A. Boulay, President & Director
FOR FURTHER INFORMATION:
Arness Cordick, Director, Vancouver: 604-602-1440
U.S. Toll Free: 800-321-8564
Calgary: 403-264-2220
The Alberta Stock Exchange has neither approved
nor disapproved the information contained herein |
