New Blue Ribbon Resources Ltd (NBL.V was BLO) Message Board

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Gold/Mining/Energy : New Blue Ribbon Resources Ltd (NBL.V was BLO)

NBL 8.460

0.0%

Oct 6 5:00 PM EST

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To: griz who wrote (218)	2/24/1999 6:08:00 PM
From: Famularo	of 407

New Blue Ribbon begins Cox drilling; Eaglenest update New Blue Ribbon Resources Ltd NBL Shares issued 4,550,568 Feb 23 close $0.18 Wed 24 Feb 99 News Release Mr. Larry Kryska reports A ground geophysical program has been completed on high-priority targets and drilling has begun on the company's Cox property. The drilling program will be conducted by the company'g joint venture partner, New Claymore Resources Ltd., who is financing the program. Preliminary information on the company's most recent acquisition, the Eaglenest property, will be made available shortly. The Eaglenest property is contiguous to the joint venture of Tintina Mines and NSR Resources, where they have been actively pursuing development of metal-bearing zones and investigating mineral assemblages indicative of a diamondiferous kimberlite. The company will begin with an airborne program in the Pelican Mountains block, in the Calling Lake area, in the near future. Diamond indicator, mineral sampling results received to date are an encouraging indication of a local kimberlite source.

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