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To: Garry who wrote (5)11/3/1997 2:19:00 PM
From: Kent C.  Respond to of 746
 
Nov. 2 - EWR.VSE - Thomas Township JV; new directorÿ

East West Resource Corp
Thomas Township JV; new director
East West Resource Corp EWR
1997-10-31 close $0.7
Monday Nov 3 1997

Mr Anthony Crossley reports
The company has granted an option to Pacific Vangold Mines Ltd on the 140 claim unit, Thomas Township property whereby Vangold may earn 50% working interest by spending $1,500,000 over five years, with a commitment to spend $150,000 within six months, issue 50,000 shares to the company, and pay $55,000 in staged cash payments over four years.
The property covers the westward extension of a fault structure that extends through the area of a gold and base metals discovery to the east called the Cross Lake zone. A program of line cutting, magnetics and IP surveys is planned for this winter.
The company has appointed Mr John Mockridge as a director, effective October 27 1997. The board of directors now consists of Messrs Anthony Crossley, James Tutton, Blake Colvin and John Mockridge.