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Gold/Mining/Energy : Standard Mining, ( Formerly Quest International ) -- Ignore unavailable to you. Want to Upgrade?


To: Robert J Mullenbach who wrote (362)3/14/2000 1:29:00 AM
From: Robert J Mullenbach  Respond to of 462
 
Option agreement on claims in British Columbia.

Mr. Ronald K. Netolitzky, Chairman of Skeena Resources Limited, and Mr. Paul Saxton, President of Quest
International Resources Corporation, are pleased to announce an option agreement whereby Skeena may earn up
to a 75% interest in Quest's Ice Claims located in the Elk Valley of southeastern British Columbia. The principal
target is diamonds. Terms of the agreement, which is subject to regulatory approval, call for exploration
expenditures of $750,000, cash payments totaling $150,000, and the staged issuance of 500,000 common shares of
Skeena Resources Limited in order for Skeena to become fully vested. Skeena will be the operator. A finder's fee
is payable to a non-related party in respect of the agreement.

bmts.bc.ca