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Gold/Mining/Energy : BANDORE -- Ignore unavailable to you. Want to Upgrade?

To: E. Charters who wrote (1620)	3/21/2000 10:33:00 AM
From: BLZBub	Read Replies (2) \| Respond to of 1692

Band-Ore Resources Ltd. - Ontario Diamond Project-GQ Property Burlington, Ontario -- S.E.C. EXEMPTION #82-4233 SHARES: 22.9 MILLION WEBSITE: band-ore.com EMAIL: bandore@wwonline.com Band-Ore Resources Ltd. advises that a 50-metre line spacing helicopter magnetic survey has commenced on the 25-sq.-km. GQ diamond property located in Musquash Township, 15 km. north of Wawa, Ontario. In February of this year the Company announced a new diamond discovery that yielded 10 macrodiamonds and 35 micordiamonds from a 63.4 kg. sample. The purpose of the airborne survey is to better define at least 10 bulls-eye circular magnetic anomalies that were outlined on a previous government airborne survey. The high-resolution data should also identify other magnetic anomalies and dike structures that are known to exist on neighbouring properties. Canabrava, Navigator and Kennecott are currently conducting drilling programs on these properties. Upon completion of the helicopter magnetic survey, a detailed stripping, mapping and sampling program of two diamondiferous outcrops will commence, along with mapping and sampling of the other anomalies. Quebec Diamond Project-Torngat South Property Band-Ore Resources Ltd. further advises that a fixed-wing airborne magnetic survey will commence imminently on the 89-sq.-km. Torngat South diamond property located approximately 10 km. southeast of Twin Gold's (TWG.T) diamond-bearing dikes. Preliminary analysis of the remote sensing and previous airborne data suggests that several structures crosscutting the geological horizons are present on the property. These features are important as Twin Gold's diamondiferous dikes crosscut similar geological horizons. Preliminary analyses of past airborne surveys indicate the presence of circular magnetic anomalies on the property. The airborne survey, which will be completed before the end of the month, should clearly identify these anomalies and structures. The airborne survey is a combined effort in cooperation with Marum Resources (MMU.V) and Dumont Nickel Inc. (DNI.M) in order to achieve a cost-efficient program. The Torngat South property is a 50/50 joint venture with Southern Africa Minerals Corporation (SAF.T). Band-Ore Resources Ltd. is a diverse Canadian exploration company with two diamond projects, a platinum/palladium property west of Thunder Bay, Ontario and two gold deposits in Northern Ontario. Band-Ore is well financed, with over $1.0 million in the treasury after Officers and Directors recently exercised stock options totaling approximately $418,000. For Further Information Please Contact: Wayne J. O'Connor, President & CEO, Band-Ore Resources Tel: (905) 319-7469 Olav Svela or Cathy Hume, Investor Relations, Hume, Kieran Inc. Tel: (416) 868-1079 If you wish to receive press releases via email, please advise Stefanie Thompson (stefanie@humekieran.on.ca).