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Gold/Mining/Energy : Anooraq Resources: Platinum and Palladium Project -- Ignore unavailable to you. Want to Upgrade?

To: Dan P who wrote (52)	3/16/2000 9:51:00 PM
From: wayne	Respond to of 73

Well I have been trading junior mines for many years and Anooraq is typical of the way they treat there shareholders. No progress reports or not a word for months. If you call them they act like its none of your business or give you some half baked nonsense about floods. Did they shut down the labs to go do humanitarian work in Mozabique?The first 6 holes were done 2 months ago . How long could it take. I sold all my shares today at a hefty lose and I don`t care if they go to $100 bucks next week , I`ll never touch another mining share even if they are free.I`d rather lose my money to some dot com startup then to that club of thieves in Vancouver who have a license to steal . Bre-X taught them nothing.

To: Dan P who wrote (52)	3/17/2000 10:02:00 AM
From: Mike Roberts	Read Replies (1) \| Respond to of 73

Drill results out for 9 holes. ANOORAQ DRILLING INTERSECTS SIGNIFICANT PLATINUM/PALLADIUM/RHODIUM Vancouver, Canada, March 17, 2000 - Robert G. Hunter, Chairman of Anooraq Resources Corporation (CDNX?ARQ) is pleased to announce that drilling at the Platreef property in South Africa is successfully outlining platinum-palladium-rhodium and gold (PGM) within the Platreef horizon of the northeastern limb of the Bushveld Intrusive Complex. The Bushveld Complex produces 70% of the world?s platinum and 25% of the world?s palladium. Anooraq is planning to accelerate its exploration work to more rapidly develop the property and acquire its ownership interest. Anooraq has a two-stage right to purchase up to 100% of Plateau Resources (Pty.) Ltd., a South African subsidiary of Pinnacle Resources Inc. of Denver. Plateau holds the Platreef property located immediately to the north of Anglo American?s Potgietersrust Platinums (PPRust) property, the most profitable PGM mine in the world. The Platreef property covers 74 square kilometres of ground extending 10 kilometres north along strike from PPRust and offers considerable potential for systematic drilling to identify large scale PGM resources. Mining infrastructure, power and access are excellent. Assay results have been received for core holes 1 through 8 and 13. All holes intersected significant PGM mineralization. Results are shown on the attached Table of Assay Results with the location of completed holes shown on the attached Drill Hole Location Map. Intersections include: 3.38 g/t over 3.0 metres and 2.09 g/t over 13.0 metres including 3.60 g/t over 5.0 metres in hole 3; 1.94 g/t over 9.0 metres including 2.80 g/t over 3.0 metres in hole 6; 2.74 g/t over 10.0 metres in hole 7; 2.59 g/t over 13.0 metres including 3.31 g/t over 7.0 metres in hole 8; and 3.87 g/t over 8.0 metres including 4.52 g/t over 6.0 metres in hole 13. Holes 9 through 12 and 14 through 23 have been cored and are currently being assayed. Drilling started at the Platreef property on February 1, 2000 and is ongoing. Initial drilling is expanding the area of Plateau?s successful 1998 drill results in the southern portion of the Drenthe Farm. Strike extension drilling north towards the Witrivier Farm is also underway. The Platreef forms the base of the Bushveld Complex trending through the PPRust and Platreef properties and is equivalent to the highly productive Merensky Reef in the western portion of the Bushveld Complex. Mineralization at Platreef contains a greater proportion of higher-value palladium relative to platinum. The Platreef horizon dips moderately to the west, affording targets for both open pit-mineable PGM resources and their underground-mineable down-dip extensions. PGM are enjoying buoyant market conditions with prices near all-time highs due to strong global demand and uncertain supply. They have a dual role for jewellery and investment, as well as being industrial minerals consumed in essential and growing high-tech applications in autocatalysts, computers and wireless communications. Mark Rebagliati, P.Eng., International Exploration Manager and Consultant to Anooraq, is supervising a rigorous quality assurance program for the Platreef drilling. From NQ (1.9 inch) diameter core, one-half sawn core samples are being collected over geologically defined and logged intervals by Anooraq geologists at a secure core logging facility. All samples, including standards and duplicates, are shipped to Set Point Laboratories in Johannesburg, South Africa. Set Point Laboratories is owned by Set Point Technology Holdings, one of South Africa?s leading scientific and industrial technology groups. Set Point prepares the samples for platinum, palladium, rhodium and gold analysis by 50 gram fire assay fusion with lead as a collector followed by an inductively coupled plasma mass spectroscopy (ICP-MS) finish. Platinum group elements and gold analyses are reported in parts per billion. In addition, the samples are analysed for nickel, copper and cobalt by ICP. Base metal results are reported in parts per million. Duplicate samples are being analysed for platinum, palladium, rhodium and gold at Set Point Laboratories and also at SGS South Africa (Pty) Ltd. in Springs, South Africa. For further details on Anooraq Resources Corporation and the Platreef properties, please visit our website at www.hdgold.com or contact Investor Services at (604) 684-6365, or within North America, at 1-800-667-2114. BEHALF OF THE BOARD Robert G. Hunter Chairman