News Release.. hopefully we will get this puppy moving now :)
Attention Business Editors:
BLACKSTONE RESOURCES INC. AND GLENHAVEN RESOURCES INC. ANNOUNCE EXPLORATION PROGRAM BEGINS ON TAIGA PROPERTY
ÿÿÿ VANCOUVER, May 26 /CNW/ - Blackstone Resources Inc.
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Alberta Exchange Trading Symbol: BZZ
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Glenhaven Resources Inc.
ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ Alberta Exchange Trading Symbol: GNN
ÿÿÿ Blackstone Resources Inc. (BZZ-ASE) on behalf of joint venture partner
Glenhaven Resources Inc. (GNN-ASE) is pleased to announce that field crews
have been mobilized to the Taiga Project, Yukon Territory. The first phase of
the 1998 exploration program will consist of a minimum of 1000 metres of
diamond drilling, grid based soil sampling and geological mapping on the Taiga
Main Property (MM Grid area) as well as reconnaissance soil sampling and
prospecting on newly staked claims referred to as the KK, LL, NN, Kit and
Taiga East properties.ÿ Drilling in the discovery area of 1997 will commence
in the first week of June.
ÿÿÿ Diamond drilling will initially be focussed in the MM Grid area where
1997 discovery drill holes REN97-08 and 97-07 intersected previously
unrecognized nickel-zinc mineralization.ÿ The 1997 reconnaissance drilling
program revealed that nickel mineralization has a strong association with
occurrences of bedded barite.ÿ The company will initially drill 4 holes to
test for lateral continuity of the mineralization intersected in drill holes
REN97-08 and 97-07 and then drill a fence of holes to test the southern
down-dip extension of the mineralization.ÿ Further drilling will test a one
kilometre-long nickel-zinc in soil anomaly and additional barite occurrences
which lie immediately west of the MM Grid Area.
ÿÿÿ Soil sampling by UMEX Corp. in the 1970's identified two zinc-in-soil
geochemical anomalies on the LL property that were traced for 3.5 kilometres
and 1.2 kilometres, respectively.ÿ UMEX did not test for nickel.ÿ Subsequent
reconnaissance soil sampling during staking by Blackstone personnel in 1997
confirmed the UMEX soil samples were also anomalous for nickel and identified
a further three areas of highly anomalous nickel values, coincident with the
UMEX anomalies.
ÿÿÿ As well, soil sampling on the KK, NN, Kit and Taiga East properties has
identified at least two areas of anomalous zinc and nickel in soil samples on
each property.ÿ Detailed mapping and soil sampling will be carried out in 1998
in these highly prospective areas.
ÿÿÿ The timing of the drilling and exploration program is such that, should
results warrant it, a second drilling program could be commenced in 1998.
ÿÿÿ The Alberta Stock Exchange has neither approved nor disapproved the
information contained herein.
ÿÿÿ On behalf of the Board of Directors:
ÿÿÿ ------------------------------------
ÿÿÿ ''Donald McInnes''
ÿÿÿ Donald McInnes,
ÿÿÿ President
ÿÿÿ -0-ÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿÿ 05/26/98
For further information: Donald McInnes or Graham Johnson (604) 684-0454 or fax (604) 682-3727 or e-mail: bzz@keltic.com or Investor relations inquiries: Kholberg Capital (902) 492-2701
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