HI George what do you think of this?
1550 - 409 Granville Street
Vancouver, B.C. V6C 1T2
Tel. (604) 685-5254
Fax: (604) 685-2814 May 13, 1999
Trading Symbol (VSE-MGJ)
Shares Issued:38,152,643
News Release
#99-11
VICTORIA ISLAND RESULTS
TWO NEW KIMBERLITES DISCOVERED
Major General Resources Ltd. and Ascot Resources Ltd. are pleased to
announce the initial results from the winter exploration program on
Victoria Island that was recently completed by joint venture partner
Monopros Limited. The program consisted of over 200 line kilometres of
detailed ground magnetic surveys and 8 diamond drill holes totalling 854
metres. Drilling encountered significant intersections of kimberlite in
the Snowy Owl pipe and discovered two new kimberlite bodies known as the
Horned Lark and Arctic Tern. The geophysical surveys now show that an
extensive kimberlite dyke system exists in the discovery area with at least
seven separate northwesterly trending dykes totalling 15 kilometres in length.
The 4 holes that were drilled into the Snowy Owl pipe totalled 522 metres
and intersected 284 metres of crater and hypabyssal facies kimberlite. The
pipe was tested with one vertical, one northwesterly and two southwesterly
directed drill holes with the deepest vertical intercept of kimberlite
encountered at 130 metres. From Snowy Owl alone, the program has recovered
approximately one tonne of kimberlite material that will be analyzed for
diamonds. The drilling and magnetic surveys have not resolved the full
extent of the Snowy Owl pipe, however, Monopros has determined that its
surface expression has now increased to about one hectare.
The Golden Plover and Longspur kimberlites, and the two new targets, Arctic
Tern and Horned Owl, were each tested with one hole which intersected a
total of 96 metres of kimberlite. The Horned Lark, located approximately
2.5 kilometres east of Snowy Owl, represents a significant new discovery.
This target was tested with one vertical drill hole to a depth of 97 metres
and intersected 78 metres of kimberlite before being terminated in
kimberlite due to difficult drilling conditions. Dyke-like intercepts of
kimberlite in the range of 2 to 8 metres were intersected at the Golden
Plover, Longspur and Arctic Tern targets.
Drill core recovered from this program is currently being shipped to
Yellowknife where Monopros will log the core in detail. Once completed,
the kimberlite samples will be forwarded by air to the De Beers laboratory
in Kimberly, South Africa for diamond recovery via acid digestion. Small
representative samples will be sent to the De Beers GeoScience Centre in
Johannesburg for indicator mineral and detailed geological analysis.
The property is jointly owned by Major General and Ascot Resources Ltd. De
Beers may earn a 51% interest by making cash payments totaling $200,000 and
spending $2 million in exploration over three years.
Glenn G. Shevchenko
President
Contact: Clive Massey
Corporate Communications Manager
Major General Resources Ltd.
(604) 685-5254
1-800-667-7866
majorgeneral.com
Email:info@majorgeneral.com
The Vancouver Stock Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this news release
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