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Gold/Mining/Energy : Poplar Resources (PPX.V) -- Ignore unavailable to you. Want to Upgrade?

To: buylowsellhigh who wrote (22)	11/12/1997 7:24:00 PM
From: Tom Cat	Respond to of 81

blsh, Rupert RUP in Vancouver, was up 59 cent yesterday, lost some 29 cents today, the story looks really nice....they are drilling on an extention of an old diamond mine that could host up to 20 mill tons of high grade carats/ton........

To: buylowsellhigh who wrote (22)	11/21/1997 10:57:00 PM
From: Essam Hamza	Respond to of 81

Stock up today. Still like this company very much. Take a look at this news release. Essam. ***************************************************************** Poplar Resources Ltd - News highlights of 1997 Poplar Resources Ltd PPX Shares issued 16,155,679 Nov 19 close $0.30 Thu 20 Nov 97 Mr G. McDowell reports NEWS HIGHLIGHTS OF 1997 November 19: Raymond Davies Report: estimates reserves of US$2.169 billion for more than 20 km of diamondiferous-fissures in South Africa: Estimates are based in part on geochemistry work by John Gurney and Stuart Hill, and by previous production records on properties and local areas. "Previous work on the two properties has established the presence of kimberlite fissures... The fissures are diamondiferous... The stones recovered from both properties appear to have been of high quality and is typical of fissures, the grade and thickness of the fissures should persist with depth... Poplar is not buying into a grass roots operation but into an opportunity to develop one or two significant diamond mines." -- R. Davies November 18: Agreement Finalized with Savannah Diamondfields: for two properties in established diamond producing areas of South Africa. These projects include diamondiferous fissure systems, mineable tailings, a possible kimberlite pipe and alluvial gravels from the "Lost, ancient Vaal River". November 13: Off-VCT Trade by Private Investors of 3,333,000 Poplar shares, Brokered by Union Securities. November 3: Dr. Jan-Ola Larsson Appointed as Managing Director Poplar's Scandinavian subsidiary (North Star Diamonds A. S.).: former Head of Geochemistry at Geological Survey of Sweden; author of book outlining the high prospectivity of diamonds in the Baltic Shield. October 31: Poplar Obtains $1.1 Million Financing for North Star Diamonds A. S. from Norwegian Investment Group: North Star Diamonds A. S. formed to oversee Poplar's Baltic Shield operations. October 29: Poplar Obtains $800,000 Financing: first part of an expected $2.1 million financing. Investors include Benitz & Partners (UK), The Harmattan Group, R. Bell and others. June 23: Joint Venture with Alcaston Mining of Australia to Explore for Diamonds in Northern Half of Sweden (270,000 sq km): Till and stream sampling programme conducted during the summer of 1997. Samples being pre-processed at Poplar's laboratory in Finland. June 6: Four Prospecting Licences Awarded for Diamond Exploration in Ireland. April 18: Acquisition of 100% of Scandinavian Assets of Caledonia Mining Corp.: includes 45 mining claims in Finland, and a comprehensive aeromagnetic data set for Sweden and Finland. April 17: Jouko Jylanki M. Sc. Appointed as Exploration Manager in Scandinavia & Finland: geological consultant and former employee of the Geological Survey of Sweden. Till and stream sampling work programme commences. Geological laboratory set up in Finland. February 3: Gennen McDowall Appointed as President and CEO of Poplar: Geophysicist with 25 years experience in Europe and Africa. DIAMONDS A GLOBAL STRATEGY Poplar Resources Ltd. (PPX-VSE) is a Canadian diamond-exploration company. Exciting projects are now underway in: * South Africa, Sweden, Finland, and Ireland * Other highly prospective properties under evaluation on four continents * (Poplar also has important gold and base metal properties in Scandinavia). DIAMOND FISSURES SOUTH AFRICA In the traditional diamond-mining regions of South Africa, Poplar has three exciting "DIAMOND-FISSURE" projects. * Poplar's diamond-fissures are similar to those being development by SouthernEra and other companies * Fissures are noted for high grades * Consultant's reports commissioned * Bulk sampling: scheduled for 97/98 * Poplar's kimberlite fissures estimated to be more than 25 km in length * Poplar also has potential diamondiferous gravels along "LOST, ANCIENT VAAL RIVER" DIAMONDS EMERGING AREA PLAYS Poplar is also working in the promising new area plays of the northern hemisphere. SWEDEN & THE BALTIC SHIELD * Pending: diamond exploration rights, "NORTHERN HALF OF SWEDEN" (270,000 sq km) * Extensive sampling now underway * Finland: 45 diamond mining claims * Geology of region is similar to the NWT and Russia, where major diamond deposits have been found. * Area play includes: Dia Met, De Beers, Cambridge Minerals (UK). * Exploration and development costs are approximately one third of NWT * More than $2.2 million spent on development of these properties IRELAND * Historical alluvial diamond find * British Geological Survey, and Cambridge Minerals (UK), confirm Ireland is prospective for diamonds * Poplar holds a major land position. CORPORATE INFORMATION EXCHANGE & SYMBOL: Vancouver: PPX.VSE SHARES: 19,470,679 HIGH/LOW: $ 0.15 -- $ 0.68 (11.09.97) PERSONNEL: G. McDowall (Geophysicist), Pres. & CEO; J. L. Dillman, Chairman; A. Jackson (Geologist), Director; T. Birkeland (Geologist), Director.; S. Milligan, Director.; B. Honeth (Mining Eng.), Exploration. Manager, Southern Africa; J. Jylanki (Geologist), Exploration Manager, Northern Europe; L. MacMillan & W. A. Melvin, Corporate Development & Investor Relations. POPLAR RESOURCES LTD. (PPX.VSE) SUITE 701-475 HOWE ST. VANCOUVER, B. C., CANADA, V6C 2B3 PHONE: (604) 669-5650 FAX: (604) 685-6341 TOLL FREE: 1-800-888-7184 WEB SITE: www.poplar-res.com Email: lmac@axionet.com WAYNE A. MELVIN, INVESTOR RELATIONS

To: buylowsellhigh who wrote (22)	11/21/1997 10:58:00 PM
From: Essam Hamza	Read Replies (2) \| Respond to of 81

Consultants reports from South African diamond properties Poplar Resources Ltd PPX Shares issued 16,155,679 Nov 18 close $0.27 Wed 19 Nov 97 News Release Mr Gennan McDowell reports Conclusions have been received from the final reports from Dr Raymond Davies and Dr John Gurney on the Aardvark (Theunissen area) and Barkly West diamond-fissure properties in South Africa. Poplar has signed a joint venture agreement with Savannah Diamondfields to develop these diamond properties. Poplar has the option to earn a 60% interest in Savannah Diamondfields. In August of this year Poplar acquired a set of mineral chemistry results over the whole Theunissen fissure system (Aardvark project included). This data was originally acquired by Stuart Hill in 1989 as part of an MSc project under Dr Gurney. Included in this was a set of microprobe results of heavy mineral macrycrysts picked from samples from these fissures. The data set consists of just over 1100 microprobe analyses. These results are from garnet macrocrysts and chromite macrocrysts. Samples over the Aardvark project area were collected by Dr Gurney. Approximately one (20 - 50 kg) sample was taken from each fissure. Dr Gurney was commissioned by Poplar to carry out a mineral chemistry interpretation of the results over four of the five kimberlite occurrences on the Aardvark property. Aardvark Property - Theunissen Area The Aardvark property is between Welkom and Theunissen in the Orange Free State of South Africa. It is a series of east-west striking diamondiferous fissures. The reserves estimated by Davies (1997) are as follows: The Aardvark property has known fissures with a potential strike length of 11.8km. The width is not known but we can assume that it would be similar to that of other fissure mines in the district. That at Rex is 40cm and Star is 45-60cm (say 50cm). Assuming a total length of 10km, average width of 45cm and a mineable depth of 800m, we would have a resource of 9.5 million tonnes. Assuming an in-situ grade of 45 carats/100 tonnes (average of Rex and Star) and an average value of US$220/carat we have a value of US$99/ton with a total resource value of US$1.03 billion. The estimates quoted above are based on Davies (1997) model and that further work will be needed to authenticate these figures. The Aardvark property consists of five fissures (Brak Laagte, Karee, Retreat, Leliesdal and Hendriena. Dr Gurney's (1997) report covers three of the fissures (Retreat, Brak, Laagte and Leliesdal) and the Driekoppies kimberlite pipe. The conclusions of the Gurney report are as follows: In summary, it can be said that the four kimberlite occurrences under consideration will be diamondiferous. It is possible, but is certainly not proven that they might have grades which are of economic interest. This is particularly true in this area of the eastern Free State where the Group 2 kimberlites that have been mined have all produced a very high value product. Barkly West Property - Kimberly Area The Barkly West property is 45km north of Kimberly in the Cape Province of South Africa. It is 5km northeast of the town of Barkly West. The Barkly West property includes two adjoining farms covering a minimum of 3.6km of known kimberlite fissure which has been partly mined to a depth of 122m producing excellent quality gem stones. A third farm nearby covers about 4.2km of kimberlite fissures. The property also contains alluvial gravels and an untested kimberlite pipe. The reserves estimated by Davies are as follows: At Barkly West the known fissure is 3.5km long and the fissure is 1.25-2.5m (say (1.9m) wide. To a depth of 800m there would be a resource of 14.795 million tonnes. Assuming an in-situ grade of 35 carats/100 tonnes and an average value of US$220/carat we would have a value of US$77/tonne with a total resource value of US$1.139 billion. The estimates quoted above are based on Davies (1997) model and further work will be needed to authenticate these figures. The final conclusions of Davies (1997) report are as follows: Previous work on the two properties has established the presence of kimberlite fissures of 11.8km (Aardvark) and 3.6km (Barkly West respectively. The fissures are diamondiferous and in the case of Barkly West property the fissure was economically mined over eight years. The stones recovered from both properties appear to have been of high quality and as is typical of fissures the grade and thickness of the fissures should persist with depth. Poplar is not buying into a grass roots operation but into an opportunity to develop one or two significant diamond mines. The value of the work that has been previously done on the Aardvark property is well in excess of the US$1.158 million that is proposed to bring the property to the feasibility stage. The Barkly West property was a significant mine for eight years and the value of the work done in the past is well in excess of the US$772,000 that is proposed to bring that property to the feasibility stage. The company has recently received the proceeds from the first closing of seven million special warrants. These funds will be used to advance the fissure projects in South Africa.