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Gold/Mining/Energy : Pamlico Gold Corp. ; PGP.VSE

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To: arizona_ice_tea who wrote ()12/15/1997 1:38:00 PM
From: arizona_ice_tea  Read Replies (1) of 12
 
Latest New Release

PAMLICO GOLD CORP.
Suite 406 - 535 Howe St.
Vancouver, British Columbia
V6C 2Z4
Phone: (604) 688- 9517
Fax: (604) 688-9726

December 12, 1997 VSE Trading Symbol: VSE

______________________________________________________________________
NEWS RELEASE
______________________________________________________________________

Pamlico Gold Corp. (The "Company") announced today it is investigating and negotiating for the acquisition of a 55% interest in a Russian mining company that holds mining rights over 1,600 square kilometres of property in the Archangel region of Russia. More details will be provided upon concluding a definitive agreement, which could occur as early as next week.

PAMLICO GOLD CORP.

Per: "Terence A. Steel
Terence A. Steel, President

The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of the content of the News
Release.
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