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Gold/Mining/Energy : International Larder-Symbol LRDR on the CDN

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To: DON who wrote (145)2/18/1997 11:29:00 AM
From: pete meyer   of 278
 
Hope you all saw the BAN drill results specs have it that it might be
close to the LRDR - PEARL thorne property .. This is a very sizable
find.,.

International Larder Minerals Incorporated
LRDR CDN

February 18, 1997

Exploration Update

INTERNATIONAL LARDER MINERALS INC ("LRDR-Z")

- Exploration Update

R. Brian Murray, President, International Larder Minerals Inc. ("Larder") is pleased to announce the following
drill hole results from its optioned, jointly held Alder Pond base metal prospect in Somerset County, northern
Maine, U.S.A. The Company, in joint venture with Prospector's Alliance Corp. ("PALL") has an option to earn
a 50 percent interest in the 1,796 acre property with Larder providing the initial funding.

Assays from split drill core have been received from vertical hole nos. 111 to 114 inclusive and are pending for
vertical hole nos. 115 to 119 inclusive, all completed to delineate the Main Zone deposit at 50 foot centers
along northwest-southeast section lines 100 feet apart.

The following is a tabulation of the drill hole assays recently received:

Hole Interval Width Percent Percent Percent Silver
No. (ft) (ft) Zinc Lead Copper oz/t
111 NO SIGNIFICANT ASSAYS
112 198.6 - 260.8 62.2 3.35 0.24 0.93 2.09
113 150.4 - 213.0 62.6 3.25 0.19 1.52 1.32
114 162.5 - 193.6 31.1 9.52 0.31 2.24 1.92

Gold assays are pending.

The flat-lying Main Zone Massive sulphide deposit has now been delineated along northeast-southwest length
of 500 feet and a northwest-southeast horizontal width of 150 feet with vertical thickness varying up to 97.8
feet (drill hole no. 109).

A new parallel zone has been intersected in the most recently completed drill hole no. 120, approximately 200
feet down dip northwest of the Main Zone at the same flat, northwesterly- dipping old paleosurface now
marked by an Andesite-Rhyolite volcanic contact. Drill hole no 120 has returned 96.6 feet of semi-massive to
massive base metal sulphide mineralization at the interval from 257.9 to 354.5 feet in the hole and the
mineralization with 50 foot vertical hole step-outs.

TEL: (416) 864-0237 R. Brian Murray, President

International Larder Minerals Inc. FAX: (416) 864-0567

______________________________________

(c) Corporate Dissemination Services Inc. All rights reserved.

Tel:(604) 689-1101 Fax:(604) 689-1106

RapidFAX (tm) - To get the NEWS as it happens, call (604) 689-3041.

This release processed by Canstock at 8:08:12 Pacific Time
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