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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB)
LAB 1.690+2.7%Dec 22 3:59 PM EST

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To: Rocket Red who wrote (2036)11/30/1998 10:59:00 AM
From: Ed Pakstas  Read Replies (2) of 3380
 
Drilling begins on Adlatok River 2 property

Labrador International Mining Ltd LAB
Shares issued 10,973,308 Nov 27 close $0.26
Mon 30 Nov 98 News Release
Also GlobeNet Resources Inc (GBR)
Also Pallaum Minerals Ltd (PLM)
Mr. Eugene Larabie reports
Drilling has commenced on the Labrador nickel syndicate Golden Bear
anomaly, in the central portion of the Adlatok River 2 property in the
South Voisey's Bay exploration camp. This high priority target exhibits a
remarkable degree of geophysical response, as well as being identified by
means of underlying geological study and gravity survey. A bulls eye target
has been identified which will be the focus of the drilling activity.
Drilling is being conducted under the scrutiny of the company's consulting
geologist, and all pertinent results will be relayed to the company in an
expeditious manner. Results will be released when received.
The Labrador nickel syndicate (LNS) is composed of Labrador International
Mining (50 per cent), Pallaum Minerals (25 per cent) and GlobeNet Resources
(25 per cent).
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com
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