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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla
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To: griz who wrote (772)12/16/1998 8:10:00 PM
From: Jesse  Read Replies (1) of 822
 
Mount Hope news: Microprobe Results From Buffalo Hills

Source MARKET NEWS
Company MOUNT HOPE RESOURCES CORP. ("MH-Y")

- Microprobe Results From Buffalo Hills Reveals Additional Kimberlitic Indicators -

Scott Angus, President of Mount Hope Resources Corporation is pleased
to announce that the Company has received electron microprobe data of
indicators recovered from the Haro River region on the Company's
northwestern Alberta property. The results confirm the presence of
kimberlitic indicators in the region where Mount Hope has identified 8
magnetic anomalies and several, previously announced, kimberlitic
indicators (news release 10/22/98).
Five samples were taken by Apex Geoscience Limited from a creek in the
Haro River region. The creek, from which the samples were taken, drains a
limited area which contains 7 magnetic anomalies and is the same creek from
which the Company has already recovered 5 kimberlitic indicators. The
purpose of the additional sampling was to confirm the results of the
original sampling program in this region.
The five samples collected by Apex were processed by Overburden
Drilling Management of Nepean, Ontario and the microprobe work was carried
out by the Ontario Geological Survey Geoscience Laboratory in Sudbury,
Ontario. The microprobe analysis has confirmed that these samples have
produced an additional 12 kimberlitic indicators (8 garnets and 4 chromic).
These results bring the total number of kimberlitic indicators
recovered in the region to 17, taken from 8 samples collected over a
distance of approximately 2 kilometres. The indicators include, 11
kimberlitic garnets, including a subcalic G10 garnet considered to
be the best indicator of diamondiferous kimberlites, 4 kimberlitic
chromites and 2 kimberlitic clinopyroxenes. It is important to note that
the indicators were recovered in a very concentrated area, containing the 7
geophysical anomalies. Management is extremely encouraged by these results
and believe that the geophysical anomalies in the Haro River region warrant
a high resolution geophysical survey to prioritize drill targets.

TEL: (604) 331-1601 Scott Angus, President
FAX: (604) 623-4701 Mount Hope Resources Corporation
______________________________________
(c) Corporate Dissemination Services Inc. All rights reserved.
----------------

NR from: ase.ca
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