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Gold/Mining/Energy : GOLDEN RULE (tse:GNU)

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To: Sans Souci who wrote ()3/6/1997 12:03:00 AM
From: Neil Irwin   of 957
 
NEWS from the Bahuerachi porperty in Mexico (jv with Tyler Res.):
From isdnwire.com

GOLDEN RULE RESOURCES LTD ANNOUNCE FIRST PHASE DIAMOND
DRILLING COMPLETED

1997-03-03
CALGARY, ALBERTA

FIRST PHASE DIAMOND DRILLING COMPLETED ON BAHUERACHI COPPER PROJECT
IN MEXICO

BAHUERACHI COPPER OXIDE PROJECT. CHIHUAHUA

Tyler Resources Inc. (Operator) 50%
Golden Rule Resources Ltd. 50%

Eighteen short diamond drill holes have been completed on the
Bahuerachi project which is owned equally by Tyler Resources Inc.
and Golden Rule Resources Ltd. This first phase drill program has
tested a large copper oxide zone which was previously outlined by
trenching and road cut sampling. The Bahuerachi property is
located on the Reforma mineralized trend in southwestern Chihuahua,
near the Sinaloa border.

Partial assays from the first four holes have been received and
economic grades of copper are present in altered volcanic units as
well as skarn rocks. Interesting chalcocite mineralization is
apparent as coatings on pyrite. The presence of pyrite in the oxide
zone / enrichment zone has encouraging metallurgical implications
with regards to the possibility of a lowering in the consumption of
acid in an SX-EW system to recover copper.

The splitting and sampling of the core is currently underway and
assays will be announced when they are received in about 2 weeks.
As a result of the encouraging results to date, additional land has
been staked to the northeast and to the South to cover both base
metal and precious metal showings associated with the large
underlying porphyry system. Once all of the results from the first
phase drill program have been received and interpreted, a second
phase exploration program will be designed to further evaluate the
large property.

TYLER RESOURCES INC. &
GOLDEN RULE RESOURCES LTD.

GLEN H. HARPER, PRESIDENT
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