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

To: MrsNose who wrote (1689)	5/22/2002 9:05:26 AM
From: Al Collard	Read Replies (1) \| Respond to of 1692

Band-Ore Resources Ltd. - Wawa Gold/Diamond Project Band-Ore Resources reports that an exploration program will commence in June 2002 on the Company's 100% owned Corbiere gold and diamond property, located in Corbiere township, approximately 25 km north, northwest of Wawa, Ontario. An initial exploration program consisting of geological mapping, sampling and prospecting will be conducted to further evaluate the known gold mineralization that occurs on the property. A diamond drill program is expected to commence this summer. Prospecting and sampling will also be conducted for potential diamond bearing breccias similar to those that occur on Band-Ore's GQ diamond property, located approximately 10 km west of the Corbiere Property. During the fall of 2001, the Company conducted a limited prospecting and sampling program on the Corbiere Property. Forty two (42) rock samples (grab samples) were collected and submitted for gold and multi-element analysis. This program was conducted as preliminary follow up to gold values returned from altered feldspar porphyry during work programs conducted by Hemlo Gold in the early 1990's. The majority of the samples were taken from mineralized and gossanous zones located marginal to a feldspar porphyry intrusive. A sample of quartz vein material mineralized with up to 15% pyrite returned the highest assay of 12.58 gold grams/tonne. Other significant gold values include: 8.64 Au g/t from altered porphyry with minor quartz stringers 5.05 Au g/t from altered porphyry with 5% pyrite 2.40 Au g/t from altered porphyry 1.12 Au g/t from a quartz vein in altered porphyry 35 other samples returned values ranging from 0.1 to 0.82 Au g/t and only 2 samples returned assays of nil. Swastika Laboratories, Swastika Ontario, using industry standard fire assay techniques, performed all analytical work. On the GQ diamond property, exploration work is continuing as Kennecott field crews are completing soil sampling, prospecting and geological mapping programs. A diamond drilling program is also expected to commence during the summer. Pursuant to an option agreement (see press release dated April 16, 2002), Kennecott can earn a 70% interest in the GQ Property by spending a minimum of $15 million on exploration and by completing and financing all work on the property until a decision to mine has been made. For Further Information Contact: Wayne J. O'Connor, President or Jonathan Armes, Investor Relations @ (905) 319-7469