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Gold/Mining/Energy : Glenhaven Resources GHM-CDNX

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To: Buckey who wrote (179)7/16/1998 6:21:00 PM
From: Flea  Read Replies (1) of 234
 
No significant results from MM grid drilling at Taiga property

Glenhaven Resources Inc
GNN
Shares issued 26,484,796
1998-07-15 close $0.235
Thursday Jul 16 1998
See Blackstone Resources Inc (BZZ) News Release
Mr. Donald McInnes reports
Drilling at the MM grid on the Taiga property has not been successful in delineating further potentially
economic nickel-zinc mineralization. All holes completed in the MM grid area intersected anomalous
nickel and zinc mineralization, however, no significant results were obtained.
Results are pending from four holes drilled in the MM grid extension area up to 2 kilometres to the west
of hole 97-08. Additionally, the company is awaiting soil geochemical results from samples taken at the
Pika showing 7km to the east where a 2.9km by 600m grid was established over a barite occurrence.
Blackstone and Glenhaven have a prospecting permit pending for approximately 3,200 sq km on the
South Island of New Zealand. This application surrounds Anzex Resources' Longwood Range
property. Blackstone has also recently completed an exploration program on the El Diamante property in
Mexico with joint venture partner Insular Explorations. Results are pending. As well, Blackstone has
commenced a one month field program on the Monster property and with Geologix Explorations will
conduct a drilling program on the Dromedary property later this summer.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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