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Gold/Mining/Energy : pug puregold resources inc tse

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To: Colt who wrote (165)	3/6/1997 3:11:00 PM
From: Investors Page	of 190

The percentage will probaly be the same as the NWT joint ventures. If I remember correctly it is ussually 50% with ACA getting an option for a further 1% interest after meeting expenditure requirements. This news is very encouraging. They have shut out almost everyone else to this kimberlite field. I would suspect that now that the surrounding claims are secure, results will not be held back once recieved. With 60% of the new claims in PUG's hands the shares should appreciate in a percentage comparison to ACA share price. NOW if only they contain diamonds!!

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