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

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To: DON who wrote (147)3/2/1997 4:42:00 PM
From: Solid Play   of 278
 
Black Pearl Minerals Inc - News Release

Thorneloe assay results

Black Pearl Minerals Inc
BLKP
Shares issued 0
1997-02-27 close $0.6
Thursday Feb 27 1997
News Release
Mr R. Brian Murray reports
Further results have been received from seven recently completed diamond
drill holes on the company's Thorneloe Township properties. Three holes
BKP-29, T-30, and T-31, were completed in the vicinity of BLKP-8 (0.173
ounces per ton/4.5 feet) to further test this area. Two diamond drill holes
BKPT-33 and 34, were wedged off of hole BLKP-2 (0.224 ounces per ton/31.5
feet) and two additional holes, BKPT-35 and 36, were drilled below BLKP-2.
Assay results are:

Meterage

BKP-T29 113.0-113.5 0.019

BKP-T30 56.8- 58.1 0.001
58.1- 59.6 0.018
59.6- 61.1 0.000
61.1- 62.8 0.004
62.6- 63.9 0.010
63.9- 64.4 0.025
64.4- 65.9 0.001
80.9- 82.4 0.011

BKP-T31 108.5-110.0 0.011

BKP-T33 242.0-242.9 0.004
242.9-243.8 0.013
243.8-245.1 0.004
245.1-245.4 0.005
245.4-246.9 0.015
246.9-247.4 0.013
247.4-248.7 0.001
248.7-249.5 0.003
249.5-250.1 0.084
250.1-251.0 0.013
251.1-252.6 0.010
252.5-253.5 0.002
298.0-299.0 0.102

BKP-T34 239.2-240.7 0.023
240.7-242.2 0.005
242.2-243.7 0.008
243.7-244.5 0.011
244.5-246.0 0.166
246.0-247.6 0.011
247.6-248.1 0.005
249.1-250.8 0.033
250.6-252.1 0.036
252.1-253.0 0.006

BKP-T35 163.3-164.0 0.067
164.0-165.5 0.006
165.5-166.9 0.005
166.9-168.3 0.010
253.8-255.3 0.019
255.3-257.8 0.006
257.8-259.2 0.008
275.0-276.5 0.011
298.4-299.5 0.014

BKP-T36 179.5-180.9 0.051
286.8-287.3 0.008
287.3-288.8 0.018
288.8-290.3 0.005
290.3-291.4 0.008
340.5-342.0 0.008
345.8-346.8 0.041

This completes the drill program budgeted for this property. The company is
currently reviewing all data, and assessing the value of this property in
relation to the adjacent Band-Ore gold deposit.
NICKEL OFFSETS PROJECT
At the company's Nickel Offset project in Tully Township northeast of
Timmins, Ontario, four diamond drill holes have been completed of a phase I,
10,000 foot program and a fifth hole is in progress. Three of the four holes
completed to date contain numerous intersections of visible gold. The
current program is under way to assess the depth potential and continuity of
the gold mineralization along strike to the east of the deposit. Management is
confident (based on geological interpretation and drilling to date) that the
tonnage and grade can be increased. Assay results should be available next
week.
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