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Gold/Mining/Energy : Regal GOldfields (REGL -- Cdn over the counter)

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To: Brian Warner who wrote (363)8/27/1998 10:18:00 AM
From: Brian Warner  Read Replies (1) of 370
 
Regal is "Top News" in Reuters.

canoe.ca

Wednesday, August 26, 1998

Regal finds gold in Cape Breton

SYDNEY, N.S. (CP) -- A Toronto-based mining company has found traces of gold during test drilling in Cape Breton.
Regal Goldfields said Wednesday it discovered fine grains of visible gold in one of nine holes it sank in the Cheticamp
Highlands.
Regal said the find is important because it shows the potential for significant tonnage, if economic grade minerals can be
located.
This marks the first time gold and copper ore traces have been found in over 200 holes drilled in the Cheticamp district.



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