International Larder-Symbol LRDR on the CDN Message Board

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

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To: Barry Smith who wrote (149)	3/4/1997 10:20:00 AM
From: Jeff Spurrell	of 278

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: INTERNATIONAL LARDER MINERALS INC. CDN SYMBOL: LRDR MARCH 4, 1997 International Larder Minerals Inc. Exploration Update TORONTO, ONTARIO--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. Drill hole no. 120 which encountered semi-massive to massive sulphide mineralization in a new zone 200 feet down dip and northwest of the Main Zone has returned 100.1 feet of ore grade mineralization from 257.9 to 358.0 feet in the vertical drill hole averaging 10.87 percent zinc, 0.76 percent lead, 1.07 percent copper and 1.73 ounces per ton silver. Diamond drilling is continuing on the property to further delineate and assess the new zone with vertical drill holes which best outline the sulphide mineralization along the flat lying Andesite/Rhyolite contact. The following drill holes and their related significant assays have recently been completed to further delineate the Main Zone which has now been tested along a length of 500 feet and a width of 150 feet with vertical drill holes by "Larder" and PALL: /T/ Hole Interval Width Percent Percent Percent Silver No. (ft) (ft) Zinc Lead Copper oz/t 115 195.0 - 196.5 1.5 19.10 1.78 5.99 7.59 116 197.0 - 201.4 4.4 49.20 2.03 3.57 4.10 234.3 - 242.6 8.3 8.34 0.97 0.38 1.84 117 210.7 - 218.4 7.7 18.37 2.51 3.53 3.18 265.0 - 305.0 40.0 5.39 0.26 2.48 1.77 305.0 - 417.4 112.4 0.71 0.04 1.15 0.66 118 No Significant Assays 119 No Significant Assays /T/ Gold Assays are pending. -30- -30-

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