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Gold/Mining/Energy : Winspear Resources

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To: Mr Metals who wrote (5697)4/17/1998 8:52:00 AM
From: Don Rohner  Read Replies (1) of 26850
 
Mr. Metals have you seen this news release? My understanding is that this is in the same general area:
Wednesday April 15, 8:24 pm Eastern Time

Company Press Release

SOURCE: DHK Resources Ltd.

DHK Resources Ltd., Dentonia Resources Ltd.,
Horseshoe Gold Mining Inc., and Kettle River
Resources Ltd. Announce Drilling Encounters
Kimberlite; Close Spaced Airborne Geophysics in
Progress

DHK Resources Ltd. is owned 1/3 each by Dentonia Resources Ltd.
(DTA-V), Horseshoe Gold Mining Inc. (HSX-A) and Kettle River
Resources Ltd. (KRR-T)

VANCOUVER, April 15 /CNW-PRN/ - DHK RESOURCES LTD.

Diamond exploration - Lac de Gras area NWT

Drilling encounters kimberlite

Kennecott Canada Exploration Inc. (KCEI) a subsidiary of Rio Tinto Plc, reports that
diamond
drilling on pipe DO-29N has encountered volcaniclastic, mud rich, indicator bearing
kimberlite.

The vertical hole was stopped at 110 meters, having cored 28 meters of overburden
and 82
meters of kimberlite. The drill is currently being moved to the WI block.

This DO-29N pipe is located in the upper north east portion of the WO block. The
DO-29
target was tested in 1993 and encountered indicator poor kimberlite in what appears to
be a
different phase of kimberlite. The hole on DO-29N is approximately 100 meters north
of
DO-29 and tested an offset EM conductor recently located by ground geophysics. The
kimberlite core recovered is being sent to Kennecott's lab at Thunder Bay for diamond
analysis.
Results will determine the scope of the next phase of work on DO-29N.

Helicopter geophysical surveys underway

The WI block is complete and the DHK block survey has commenced. Weather
conditions are
currently ideal for the program.

On the WI block in the area of DI-02, (in the north west portion) ground geophysics
has also
located two separate offset EM anomalies. Previously drilled targets at this site were of
a
different signature and core recovered was described as an indicator poor - hypabyssal
kimberlite.

DHK RESOURCES LTD.

-------------------
George O.M. Stewart
Vice-President - Exploration

The Vancouver, Alberta and Toronto Stock Exchanges have neither approved nor
disapproved
the contents of this release.

SOURCE: DHK Resources Ltd.

More Quotes
and News:
Dentonia Resources Ltd (Vancouver:DTA.V - news)
Horseshoe Gold Mining Inc (Alberta:HSX.AL - news)
Kettle River Resources Ltd (Toronto:KRR.TO - news)
Related News Categories: mining/metals, oil/energy
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