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Gold/Mining/Energy : NPEC - take a look

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To: Dave Codrington who wrote (13)9/3/1996 7:54:00 AM
From: Jerry Keba   of 5988
 
All: News Release

News Release - August 29, 1996

NP Energy Corporation reports that further progress has been made in the Chilean copper
project. A subsidiary company has been formed and incorporated under the laws of Chile.
Sierra de La Platta Ltda. becomes the project corporation for the joint venture partnership
to which NP Energy Corporation will subscribe. Company geologist Mr. Malcolm Fraser
will be going to Santiagoon Monday August 30, 1996 to attend further work in this
regard. In other developments a cut was made on a rock face on the Milagrosa claims on
the property.
The ore intersected by this cut extends for over 150 meters in width, unknown thickness
with 3 meters exposed, and is considered to be direct shipping ore in that it is rich enough
so as to preclude the necessity for concentrating before shipping to the refinery. A five
hundred pound sample has been shipped for essay.

FOR FURTHER INPORMATION CONTACT: Investor Relations-415-261-9608
_________________________________________________________________________

Note: The date is obviously wrong in the report.

JKeba
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