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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA

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To: Jesse who wrote (1176)	2/12/1999 3:10:00 AM
From: dvid	Read Replies (1) of 2514

_______________ MARUM RESOURCES INC. __________________ marumresources.com SEC 12g(3) Exemption 82-4100 ASE Trading Symbol "MMU" Standard & Poor's Corporate Manual Listing Chinchaga Project Website We have added some new graphics and a running update section to the Chinchaga project website since we first introduced it last week. Some of our shareholders wanted to know what HQ core was so we asked the driller to bring around some new HQ size tools before he left for the field. The photograph of the drill bits are on the project website at mmu.simplenet.com News Release - February 12, 1999 Chinchaga Drill Program Update February 12, 1999 - International Tower Hill Mines Ltd. (ITH - VSE) and Marum Resources Inc. (MMU - ASE) report that they have today been advised by APEX Geoscience, the project manager, that field crews have carried out road reconnaissance and ground magnetic surveys over selected aeromagnetic anomalies within the Chinchaga joint venture property. A final pre-drilling inspection of proposed sites by the regional forestry department representative is scheduled for Friday, February 12th. The drill contract has been finalized and the driller has mobilized into the area. Targets will be drilled sequentially as determined primarily by road access in order to minimize travel distances betwen locations within the 30km by 10km drilling area. A second geophysical consultant was recently retained to confirm the magnetic target prioritization. APEX expects drilling operations to begin next week following the completion of drill road clearing operations. FOR FURTHER INFORMATION: International Tower Hill Mines Ltd. Marum Resources Inc. Mr. Anton Drescher, President Mr. Richard Boulay, President Tel: (604) 685-1017 Tel: (403) 264-2220 or Website: www.towerhillmines.com Mr. Arness Cordick, Director Tel: (604) 602-1440 Toll Free: 800-321-8564 www.marumresources.com

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