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Gold/Mining/Energy : Big Valley Resources (BV-ASE) -- Ignore unavailable to you. Want to Upgrade?

To: Spiney who wrote (193)	6/16/1999 3:22:00 PM
From: Spiney	Respond to of 231

Big Valley to acquire 100% interest in QR mine Big Valley Resources Inc BV Shares issued 20,234,310 Jun 15 close $0.43 Wed 16 Jun 99 News Release Mr. Lloyd Tattersall reports On May 20, 1999, Big Valley Resources announced in Stockwatch that it had entered into a purchase agreement with Kinross Gold Corporation under which Big Valley will acquire a 100-per-cent interest in the QR gold mine. The QR gold mine is 58 kilometres southeast of Quesnel, B.C., and was operated by Kinross from June, 1995, to April, 1998. Big Valley will pay Kinross $3-million for a 100-per-cent interest in and to all mining leases, mineral claims, open pit and underground mine workings, the existing mill complex and all related property and assets. The cash purchase price of $3-million was originally to be placed in trust by June 15, 1999. At the request of Big Valley, Kinross has extended the date for commitment of the purchase funds until June 22, 1999. Big Valley has completed its due diligence and is in the process of finalizing the terms of a financing to provide the $3-million purchase proceeds. On May 20, 1999, Big Valley also announced in Stockwatch a non-brokered private placement of 875,000 units. Subject to Alberta Stock Exchange acceptance, the size of this private placement will be increased to 1,375,000 units. As previously announced, the purchase price of the units will be 40 cents and each unit will consist of one common share and one warrant. Each warrant will entitle the holder to purchase one additional common share at a price of 50 cents within a two-year period. Proceeds of $550,000 from the sale of the units will be used as general working capital and to finance due diligence related to the acquisition of the QR gold mine.

To: Spiney who wrote (193)	5/15/2001 7:59:20 PM
From: bcjt	Respond to of 231

Big Valley applies for phase 1 notice of work permit Big Valley Resources Inc BV Shares issued 22,842,889 May 14 close $0.17 Tue 15 May 2001 News Release Mr. Art Thiessen reports Big Valley Resources has applied for a notice of work permit to cover phase 1 of an exploration program on its mineral claims, located immediately adjacent to the Q.R. mine in the Cariboo. Work will consist of geological mapping and soil sampling on a grid covered by an airborne EM-Mag anomaly, as reported on the recent geophysical airborne survey, and is scheduled to commence immediately. A second area of work will consist of extending grid lines on a gold anomaly, also adjacent to the Q.R mine. This gold anomaly is open to the north. (c) Copyright 2001 Canjex Publishing Ltd. stockwatch.com