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Gold/Mining/Energy : Spider Resources - SPQ.ASE -- Ignore unavailable to you. Want to Upgrade?

To: bill who wrote (433)	2/25/2000 6:13:00 PM
From: bill	Read Replies (1) \| Respond to of 471

Spider's winter drilling plans continue Spider Resources Inc SPQ Shares issued 90,225,727 Feb 24 close $0.20 Fri 25 Feb 2000 News Release Mr. Norman Brewster reports Spider is continuing the planning and mobilization process with regards to commencing a diamond drilling program on the Kyle No. 3 kimberlite in the James Bay Lowlands area of Northern Ontario as previously announced in Stockwatch Feb. 1, 2000. This process is going well. Spider is also in the process of negotiating a potential joint venture with respect to its landholdings in the Wawa area of Ontario. In Brazil, Spider's joint venture partner, Dia Bras Exploration Inc., announced today that it had discovered two additional kimberlites on the Alto Paranaiba property, that is jointly held by Spider and KWG. Dia Bras also announced that it has recovered three white, high quality diamonds, two being 0.6 carats in weight. Other than these three items, there are no other material changes to report on at this point in time. (c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com