**OFF TOPIC**
NEWS RELEASE: TROYMIN RESOURCES LTD.
ASE, ME SYMBOL: TYR
JANUARY 22, 1999
Troymin Resources: Diamond Exploration Moving Forward at
Buffalo Hills
CALGARY, ALBERTA--Troymin Resources Ltd (TYR-ME, ASE) is pleased
to announce that it has been informed by Monopros Limited, a
wholly owned Canadian subsidiary of De Beers, the world's leading
diamond producer, that Monopros will be starting an exploration
drilling program on January 25, 1999 at Buffalo Hills.
Phase I of the program will consist of four targets, one on the
Muskwa Block and three on the Bison Block. Follow up drilling
will be planned according to results obtained in the first phase.
Troymin's Buffalo Hills Diamond Prospect comprises five
strategically located blocks of permits totalling approximately
1.0 million acres on the Buffalo Head Craton which hosts Alberta's
only diamondiferous kimberlite pipes.
Monopros, as operator of the joint venture, has advised Troymin
that a five person crew has been mobilized to Peace River to
commence a drilling program. The program will take approximately
two weeks. Results will be available about two weeks thereafter. |
