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Gold/Mining/Energy : International Precious Metals (IPMCF)
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To: E. Charters who wrote (25066)11/9/1997 10:39:00 AM
From: Anne Lamb  Read Replies (1) of 35569
 
facts mean nothing to you, do they? i guess you are just banking
on people here not checking up on your statements.. this is just
a typical example.

To: S.K.Werom 2 (3641 )
From: Kim W. Brasington
Friday, Aug 29 1997 7:20PM EST
Reply #3642 of 5412

NAXOS RESOURCES LTD.

409 - 808 Nelson Street
Vancouver, B.C., Canada
V6Z 2H2
(604) 669 - 8078

N E W S R E L E A S E (97-16)

Trading Symbol: NAXOF Date: August 29, 1997

Franklin Lake Property, Inyo County, California

Chain of Custody Assay Ledoux Certification

The Company is pleased to announce the following certified assay results
performed by Ledoux & Company. The material tested was drilled by
Steffen Robinson Kirsten and follows a strict chain of custody protocol. The
first set of results are based on the completion of the first stage of a three
stage, patent pending, metallurgical methodology developed by Johnson,
Lett and Company. The significance of these numbers is in the fact that they
are the first certified chain of custody platinum and palladium assays the
Company has ever received from Ledoux & Company.

Gold (oz/Ton) Platinum(oz/Ton) Palladium (oz/Ton) Gold Equivalent (Oz/Ton)

Depth 120ft - 130ft 0.06 0.08 0.08 0.21
Depth 200ft - 210ft 0.07 0.10 0.10 0.25
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