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Gold/Mining/Energy : Shore Gold C.sgf -- Ignore unavailable to you. Want to Upgrade?


To: Tim Rogers who wrote (511)7/20/2000 1:57:47 AM
From: Braincramp  Respond to of 550
 
This was in a stockhouse article.
Boaz continues to like Shore Gold [V.SGF], which he mentioned in a previous interview with StockHouse. Shore Gold is a mineral exploration company with properties in
Saskatchewan. De Beers [DBRSY], Falconbridge [T.FL] and Kensington Resources [V.KRT] also have holdings in the area. Shore Gold has discovered kimberlite
deposits that contain diamonds and macrodiamonds with dimensions greater than 0.5 mm.

"It's a fascinating story," Boaz says. Shore Gold will have an open pit mining operation, rather than a shaft mining operation, which means costs will be dramatically
reduced.

The stock has been trading in a tight range around $1, closing on Monday even at $0.90. In May, Boaz expected a breakout to the upside on assay results that were
rumored to be extremely positive. Those results were delayed, but new assays are expected soon.

Boaz says that a report from a respected mining consulting firm that examined the Shore Gold property is due out next week. "Right now, they believe it is the largest
kimberlite deposit in the world. It's tremendously exciting."

A target of $3 is well within reach, Boaz believes. However, he expects the report from the mining consulting firm to put a target of at least $5 on the stock.



To: Tim Rogers who wrote (511)7/21/2000 11:53:18 AM
From: Tim Rogers  Read Replies (1) | Respond to of 550
 
--------------------------------

Attention Business Editors:

Shore Awaits Drill Results

SASKATOON, July 21 /CNW/ - Jonathan Challis, President, confirmed today,
at the request of the Canadian Venture Exchange, that, as noted in the most
recent press release of Shore Gold dated June 15, 2000, the company is
awaiting the results from its most recent drilling program. There is, at this
time, no other confirmed information which would constitute a material event
to Shore Gold. When the analysis of the drilling results has been completed
and confirmed, further details will be released.
Shore is a Canadian-based corporation engaged in the acquisition,
exploration and development of mineral properties. Shares of the Company trade
on the Canadian Venture Exchange under the trading symbol ``SGF''.
``The Canadian Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.''
-0- 07/21/2000

For further information: Canada: Kenneth E. MacNeill, CEO at (306) 664-2202 or Doug Ramshaw at (604) 633-1198;
Europe: Jonathan Challis, President at 011-44-1732-465174