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Gold/Mining/Energy : Golden Raven Resources Ltd (GVN)
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To: GOLDIGER who wrote (2725)11/3/1997 2:37:00 PM
From: Gary S.  Read Replies (1) of 3155
 
***NEWS RELEASE***

California permits; exploration plannedÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ
Chandeleur Bay Production Companyÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ CYJ
Shares issued 24,135,409ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Oct 31 close $0.26
Mon 3 Nov 97ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ News Release
Mr William McKee reports
The company has received permits from the State of Californiaÿ toÿ commence
rehabilitatingÿ theÿ accessÿ toÿ theÿ Northÿ Forkÿ mineÿ inÿ Sierra County,
California.
The company has received an estimate, from a mining engineering company, to
conductÿ theÿ work.ÿ Onceÿ theÿ previous workings are accessed, the company
intends to sample areas of highÿ gradeÿ gold,ÿ indicatedÿ onÿ theÿ previous
production maps, in order to confirm the database.
The company will set up diamond drilling stations from which extensionsÿ of
indicatedÿ oreÿ zones can be tested. Diamond drilling from underground will
be more accurate and less expensive than drilling from surface throughÿ the
lava cap which covers the old workings.
Besides testing the lode deposit, the company intends to delineate the gold
bearingÿ underground river beds from which spectacular placer gold has been
produced in the past.
Management of the company is encouraged by the high grade goldÿ discoveries
recently announced by its neighbors, Brush Creek and the 16 to 1 mine.
(c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com
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