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Gold/Mining/Energy : SUDBURY AREA AND THE PGM PLAY -- Ignore unavailable to you. Want to Upgrade?


To: RWILL who wrote (289)6/21/2000 10:51:00 AM
From: Brumell  Respond to of 349
 
An interesting NR from AQI
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Aquiline IP anomaly on Dana Lake North

Aquiline Resources Inc AQI
Shares issued 9,160,808 Jun 20 close $0.60
Wed 21 Jun 2000 News Release
Mr. Marc Henderson reports
Preliminary induced polarization surveying (IP) has indicated the presence
of one or more strong anomalies on the Dana Lake North property. Dana Lake
North lies contiguous to and north of the Pacific North West Capital's Road
zone discovery where a second phase diamond drill program has just
commenced. PFN disclosed on May 31, 2000, that its IP surveying had
extended the anomaly which underlies its discovery right to the common
boundary with Aquiline.
Additional geophysical surveying is planned on Dana Lake North for those
areas of the property which are immediately accessible. The balance of the
property will be surveyed next winter. Data from these surveys will be
reported when completed and will be posted on the company's Web site
www.AquilineResources.com.
Aquiline is also pleased to announce that it has completed the acquisition
of Dana Lake North and now owns the property outright subject only to a
3-per-cent net smelter return to the vendor.
Work is continuing on the company's other platinum group metal properties
in the Sudbury area including drilling at East Bull Lake where Mustang
Minerals and Freewest Resources are partners. Initial results from this
drill program are expected within the next few weeks.