HAMPTON COURT RESOURCES INC.
PRESS RELEASE
(for immediate release)
PR.98.001
Date: January 12, 1998 ASE Symbol: HCR
HAMPTON COURT RESOURCES INC.
UPDATE ON ECUADORIAN MINERAL CONCESSIONS (1)
CALGARY, ALBERTA--Hampton Court Resources Inc. ("HCR") is pleased to
announce the Company has been granted three new mineral exploration
concessions by the Ecuadorian Government. The three new concessions
comprise a total of 10,662 hectares or approximately 106 sq. km (41 sq. miles). The new lands are adjacent to three concessions previously awarded to Hampton Court. In total, the Primera Fortuna placer gold project now encompasses six concessions totalling 18,337 hectares (183 sq. km or 72 sq. miles).
Initial reconnaissance mapping and sampling, of Hampton's new concessions (Buena Aventura, Estrella del Norte and Primadonna) will commence January 16, 1998 under the supervision of Prudden Geoscience Services of Salt Lake City, Utah (an independent consulting firm).
First stage field mapping and evaluation of HCR's initial three concession areas (Esperanza de Grist, Sierra de Oro and Tesora del Tierra) has been completed. An independent report of this first stage, which includes assay results of over 500 samples, is expected to be received by Hampton Court in late January 1998; results from the report will be announced at that time.
Hampton Court is initiating second stage evaluation of the Esperanza,
Sierra and Tesora concessions mid January, 1998. This will include
additional geologic mapping and bulk sampling of prospective areas with three placer gold test plants, one of which is a new Goldfield Alaskan 10 yard portable plant with a jig system for fine gold recovery.
HCR owns 100% of the Primera Fortuna Project.
Approved on behalf of the Board: Donna M. Rud, Vice President
FOR FURTHER INFORMATION PLEASE CONTACT INVESTOR RELATIONS
Derek T. Lamb Deborah D. Pratt
Ph: (403) 777-9229 Ph: (403) 254-9675
Fax: (403) 777-9228 Fax: (403) 256-9473
e-mail: lambd@cadvision.com e-mail: pratt@shaw.wave.ca
________________________________________________________________
The Alberta Stock Exchange has neither approved nor disapproved the
information contained herein.
325, 259 Midpark Way SE Web: www.hamptoncourt.com Phone: (403) 254-9675
Calgary, Alberta T2X 1M2 e-mail: hamptoncourt@shaw.wave.ca Fax: (403) 256-9473 |
