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Gold/Mining/Energy : Birch Mountain Resources BMD-ASE -- Ignore unavailable to you. Want to Upgrade?

To: Chuca Marsh who wrote (285)	1/6/2000 2:21:00 PM
From: BLZBub	Read Replies (1) \| Respond to of 402

Birch Mountain Resources Ltd. CALGARY, Jan. 6 /CNW/ - Birch Mountain Resources Ltd. (BMD:CDNX) reports that it has entered into an agreement with Tintina Mines Limited and NSR Resources Inc. to acquire 100 per cent undivided interest in two Metallic and Industrial Mineral Leases known as ``the Fort MacKay property' located in the Athabasca region of northeastern Alberta. The property consists of 1,991 hectares held under fifteen-year leases issued in 1994. Consideration for the Fort MacKay property acquisition is 600,000 common shares of Birch Mountain Resources Ltd. Doug Rowe, President and CEO, states, ``We look forward to integrating the Fort MacKay property into our ongoing Athabasca exploration program. It lies within the core area of our Athabasca permits and exhibits geological, geochemical and mineralogical characteristics consistent with our Prairie Gold precious metal targets.' The transaction is subject to regulatory approval. Doug Rowe goes on to say ``We are pleased to end 1999 as the top performing stock of John Kaiser's 1999 bottom-fishing picks.' John Kaiser is a well respected industry analyst and author of the Bottom-Fishing Report. Birch Mountain continues to progress towards its goals of developing and verifying gold-PGM assay and recovery procedures and establishing a precious metals resource in Athabasca. The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. %SEDAR: 00003909E -30- For further information: Douglas Rowe, President and CEO, or Jane Quinn, Shareholder Services, rowed@birchmountain.com or jquinn@birchmountain.com, Birch Mountain Resources Ltd., Tel 403.262.1838, Fax 403.263.9888, Internet Home Page: birchmountain.com To request a free copy of this organization's annual report please go to www.newswire.ca and click on reports@cnw.