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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)
NBL 8.4600.0%Oct 6 5:00 PM EST

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To: Grant Movold who wrote (197)5/6/1998 11:38:00 AM
From: Grant Movold  Read Replies (1) of 407
 
It's amazing what you find if you do a few word searches.

It definitely looks like the focus is the big Alberta Diamond rush.

ÿ Canadian Company Press Release
ÿ

NBLÿÿ1998-04-02 ÿÿ(provided courtesy of ISDN Wire Service)

NEW BLUE RIBBON RESOURCES LTD. - COMPANY UPDATE

VANCOUVER, B.C.--
New Blue Ribbon Resources Ltd. (the "Company") is pleased to announce that
Mr. Larry Kryska has joined the Company's Board of Directors effective
today's date. Mr. Kryska brings to the Company's board years of experience in
the diamond industry which will assist the Company in its exploration of its
newly acquired Alberta diamond properties.

The Company also wishes to announce the resignation of Mr. John J. (Jack)
Dimarchi, the Chairman and former President of the Company, as a director and
an officer of the Company effective today's date. The Company wishes to
recognize Jack's significant contribution to the Company and wishes him all
the best in his future endeavours.

The Company wishes to clarify the terms of 2,00,000 Unit private placement
announced in the Company's March 20, 1998 News Release wherein it was stated
that there would be no finder's fee payable pursuant to that transaction. The
Company hereby announced that a finder's fee is payable on a portion of the
2,000,000 Unit private placement by way of a cash to International
Consultancy Partnership of London, England. The principals of International
Consultancy Partnership are Keith Slater and Stephen Smart.

This Press Release was prepared on behalf of the Board of Directors which
accepts full responsibility for its contents.

ON BEHALF OF THE BOARD

[signed]
MARTYN ELEMENT, Director

FOR FURTHER INFORMATION PLEASE CONTACT:
Martyn Element & Associates
Tel: (604) 687-6820
Toll Free: 1-800-505-5655
Fax: (604) 687-6328

The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.


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