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Gold/Mining/Energy : Ballad Ent.;BDC.Vancouver
BDC 121.85-0.3%Oct 31 9:30 AM EST

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To: arizona_ice_tea who wrote (84)6/23/1998 12:59:00 AM
From: arizona_ice_tea  Read Replies (1) of 107
 
Road Completed, Drilling To Commence In July
On Las Princesas Project

BALLAD ENTERPRISES LTD ("BDC-V") - Road Completed, Drilling To Commence In July - On Las Princesas Project

Anthony J. Beruschi, President of Ballad is pleased to announce the completion of the access road and drill pads on its Las Princesas Project. The drill contract has been awarded and drilling is schedule to commence in July, 1998.

The Las Princesas Project totals 1,200 hectares and consists of two concessions, the Las Princesas and Reyna. The tea hole reverse circulation drill program will total approximately 1,200 metres and will test targets in the North Zone of mineralization discovered on the Las Princesas concession through detailed mapping, grid rock
sampling and trenching performed by Ballad's consulting geologists.

The discovery has now been extended to Central and South Zones within the Las Princesas concession. The Las Princesas concession is on trend and is four kilometres north of Pan American Silver's Quiruvilca silver-lead-zinc mine and six kilometres north of the Tres Cruces Project. Ballad holds three additional concessions north of the Las Princesas concession which extend its land holding to 12 kilometres on the Quiruvilca/Tres Cruces/Las Princesas trend. Exploration on these three additional concessions is continuing.
TEL: (604) 682-7159

Anthony J. Beruschi, President FAX: (604) 669-5886 TEL: 1-888-880-2288 Internet:
canvest.com
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