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Gold/Mining/Energy : Copperhill Resources Corp (CUHL: CDN) -- Ignore unavailable to you. Want to Upgrade?


To: Len Hynes who wrote (80)11/3/1999 9:59:00 AM
From: Len Hynes  Read Replies (1) | Respond to of 123
 
Here is the latest news from Twin Gold...should also bode well for Copperhill with kimberlitic dykes in the area.

Twin Gold Discovers Larger diamonds and Extension of TORNGAT 2 / 3 Dykes

TORONTO, Nov. 3 /CNW/ - Twin Gold Corporation (TSE: TWG) is pleased to
announce results from diamond counts from caustic fusion analysis from
additional grab samples taken from Twin Gold's TORNGAT 2 / 3 kimberlite dykes
on the Alluviaq Fjord, Ungava Bay, northern Quebec.
These samples produced a macro diamond of 1.85 mm in size, which is a
significant increase in the size of diamonds extracted earlier.
The sample analysis, including the microdiamond extraction, selection,
and description was performed by the Mineralogical Services of Lakefield
Research Limited and yielded the following results:

-------------------------------------------------------------------------
Sample ID Weight / kg Number of Diamonds
-------------------------------------------------------------------------
AD 06 26.94 16
-------------------------------------------------------------------------

Of the 16 diamonds, five (5) are macro diamonds with three (3) exceeding
1 mm in one dimension. All are white, with the exception of one, which is
classified as off-white, and all are without exception transparent. A
macrodiamond is defined as exceeding 0.5 mm in at least one dimension. The
first sample from this location produced 26 diamonds with four (4)
macrodiamonds from 10.864 kg bringing the sample total to 42 diamonds with
nine (9) macrodiamonds from 37.804 kg of kimberlite.
Dr. Bruce Jago of Lakefield Research stated: "This project is delivering
consistently high quality stones at a macro- to microdiamond ratio, which is
in the high range of Canadian Diamond deposits".
Twin Gold's Director of Diamond Mining, Dallas Davis, is pleased with the
results of a recent investigation to establish the surface trace of TORNGAT 2
/ 3 kimberlite dykes. A computer enhancement technique was used on aerial
photographs. This method made the surface expression of the dykes clearly
visible over a distance of more than 1.5 km. Aerial-Magnetometer-work and
follow-up sampling of these dykes along their entire length on the Upper
Barrens will be carried out as early as possible.
Twin Gold in addition to exploring the diamond prospect on the east side
of the Ungava Bay in Northern Quebec is also an emerging producer of a low
cost gold mining project of 1 million ounces of gold and 3.2 million ounces of
silver reserves in Idaho, U.S.A.

-30-

For further information: Hermann Derbuch, P.Eng., Chairman, President &
CEO, Tel.: (416) 777-0013, Fax: (416) 777-0014; TWIN GOLD CORPORATION, Suite
1250, 155 University Avenue, Toronto/Ontario, M5H 3B7, Tel: (416) 777-0013,
Fax: (416) 777-0014, Web-site:www.twingold.com, E-mail: Info@twingold.com

TWIN GO