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Gold/Mining/Energy : Columbia Yukon Resources (A.CYR)

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To: Don who wrote (583)	2/25/1998 3:16:00 PM
From: Don	Read Replies (1) of 686

NEWS: Columbia Yukon Resources Ltd - Airborne survey on Mustang property complete Columbia Yukon Resources Ltd CYRShares issued 20286888 1998-02-24 close $0.18 Wednesday Feb 25 1998 Also International Butec Industries Corp (IB) Mr Michael Gustavson reports The airborne EM survey on the Mustang property commissioned from TerraQuest was completed at the end of January 1998 and has since been analyzed by MPH Consulting for the removal of any potential cultural anomalies. MPH, as project managers, have reported to the company that 24 magnetic anomalous targets exist on the 250,000 square acre Mustang property and that ground crews are now on site completing ground geophysical follow up to further define and prioritize drill sites for the upcoming spring program, expected to get underway during March. Negotiations for property access with the various landowner - leaseholders are now complete and MPH Consulting, acting on behalf of the company, has applied for all necessary licences and drill permits for which approvals are expected shortly. (c) Copyright 1997 Canjex Publishing Ltd. canada-stockwatch.com old url (better for printing)

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