News Out For Monday! I received a fax this afternoon for a Monday release.
LATTITUDE MINERALS CORP.
SUITE 612, 475 HOWE STREET, VANCOUVER,BC. V6C 2B3
Tel: (604)688-2010; Fax: (604)688-2015; Toll-free 1-800-668-0071
e-mail: mineral@mineweb.com
Trading Symbol: LTU.V
IDAHO DRILLING PROGRAM UNDERWAY
VANCOUVER, BC, June 22, 1998: Drilling is now underway at the Company's recently acquired BLUE HILL CREEK gold Project in Southern Idaho. The property contains a potentially open-pittable, bulk-tonnage, hot spring-type, disseminated gold target in epiclastic
sedimentary and tuffaceous volcanic rocks of Tertiary age. The current resource of 170,000 ounces of gold is open to depth and in every direction laterally as defined by seventeen previously drilled RC holes.
The programme will consist of 4,500 feet of reverse circulation drilling as well as 1,600 feet of 14Qsize core drilling. 'Me RC drilling will consist of eight holes, three of which will be vertical
and the other five of which will be angle holes. Planned target depth for the holes are approximately 600 feet. Most of the angle holes will be placed to test the the lateral, on-strike and at-depth extensions of an open-ended, north-trending, higher-grade zone or core of mineralization. The core holes will also test the higher grade zone. They will be drilled to confirm previously RC drill results and expand
upon this zone. Four drill holes presently define the zone, with three
of the four having bottomed in mineralization.
The company has closed the previously announced non-brokered private
placement of 1.0 million shares at C$0.1575 as well as 1.0 million warrants.
On Behalf of the Board of Directors,
LATTITUDE MINERALS CORP.
"Clifford L. Mossing"
Clifford L. Mossing
Director |
