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Gold/Mining/Energy : International Tournigan(ITG.V)announces major discovery
ITG 30.230.0%Feb 28 4:00 PM EST

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To: IngotWeTrust who wrote (8)9/26/1996 12:36:00 AM
From: Richard L. Brown   of 347
 
Ole 49/r:

There are more pieces to the puzzle here. ITG also owns property in Mali. Work is under way there on surface trenches. The company announced some early signs of a nice discovery there..Early assays from trench and grab samples were announced several weeks ago. I'll dig out the old release and get those numbers out. More results there are apt to really "whet" ones appetite. Additional properties owned are in Bear Creek Pass-Canada, and also Togo..I believe. I'll try to get a complete listing of the properties. Also..as we noted from the prospectus..Tournigan has some cash to do more exploration on these properties. They also purchased MapleLeaf Drilling Company to reduce overhead on core drilling programs. I believe that the Drilling company owns either 3 or 4 Skid mounted core drills of which 2 are in Ghana right now, and a third is on its way to Ghana. I'll have to double check the percentage ownership of MapleLeaf, whether full or partial ownership. Thats all for now. Thanks for the comments Ole 49/r...!
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