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Gold/Mining/Energy : Barrick Gold (ABX)

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To: Bexar who wrote (510)	3/17/1998 12:22:00 PM
From: Robert Floyd	Read Replies (1) of 3558

Pacific Rim Mining Corp. Announces Diablillos Exploration Update including 138 meters at 1.41 g/t Gold VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--March 17, 1998--Pacific Rim Mining (VSE:PFG. - news; TSE:PFG. - news) Pacific Rim has received an exploration update on activities being carried out under the direction of Barrick Gold Corporation [NYSE:ABX - news] at the Diablillos property in northwestern Argentina. Approximately one half of the planned 7,000 meters of drilling defining the northeast extension of the Oculto zone have been completed. Drilling on the property is temporarily suspended due to equipment requirements in areas affected by weather conditions where the drilling seasons are not as long as that of Diablillos. Barrick anticipates completion of the remaining half of the program in May, 1998. Eleven of twenty reverse circulation holes have been drilled. To follow are results from the first five holes. Pacific Rim will release the results from the remainder of the completed holes when they are received. Hole From To Width Au g/t Ag g/t --------- ---- --- ----- ------ ------ RC-98-123 164 193 29 0.73 31.2 226 265 39 0.52 21.8 RC-98-124 No Significant Intercept RC-98-125 202 224 22 2.82 29.8 235 254 19 1.15 21.2 259 289 30 1.84 36.4 RC-98-126 157 177 20 1.03 7.3 180 185 5 0.79 17.7 RC-98-127 165 175 10 .051 22.7 182 320 138 1.41 17.8 On behalf of the board of directors Thomas C. Shrake, C.E.O. Maps also available at www.pacrim-mining.com -------------------------------------------------------------------------------- Contact: Pacific Rim Mining Corp. Samantha Cramer, 604/ 689-1976 604/ 689-1978 (FAX) email: pacrim@direct.ca pacrim-mining.com --------------------------------------------------------------------------------

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