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

To: reg who wrote (594)	11/12/1997 7:37:00 PM
From: ross@canada	Respond to of 769

BYG Natural Resources Inc BYG Shares issued 47110485 1997-11-11 close $0.63 Wednesday Nov 12 1997 Mr J. Malcolm Slack reports The company has completed the run-in period of its new SAG mill. The SAG mill, while able to run at rates substantially greater than 1000 mtpd, will for the moment be used to operate the milling facility at its designed capacity of 700 mtpd. Before operating continuously at this rate it will now be necessary for the company to achieve compliance with regard to its water licence. Excess water in the Dome Creek valley, resulting from a greater than forecast annual precipitation, means that the two issues of tailings dam water quantity and quality now need to be addressed. B.Y.G has decided that this would be an appropriate time to initiate its water balance contingency plan, this plan being a required part of its water licence. Under its water balance contingency plan, the company processes the excess water at a rate greater than can be accomplished using only the water treatment plant. The increase in processing is carried out by allowing several of the leach tanks to join the water treatment circuit. This creates a capacity many times greater than that of the water treatment plant alone. In this way the excess water is treated and can be discharged to the environment at a much greater rate. The water in the tailings dam can also be treated and returned to the dam enabling the company to achieve compliance within the limits set by the regulatory authorities. The use of the leach tanks for water treatment will obviate their use in the milling and leaching of the ore. Therefore for the period of the operation of the water balance contingency plan, the company will suspend the leaching part of the milling circuit. B.Y.G will concentrate its efforts on the recovery of gold from its carbon, the remediation of its tailing dam water problems and the completion of its environmental reports and test work. The company will adjust its work force as required to meet the changing needs of its differing operations over this period of environmental remediation. After the completion of its water balance contingency plan (approximately six weeks) B.Y.G will be in a position to continue its milling operation at its rated 700 mtpd, producing gold at a cash cost of less than US$160 per troy ounce. .

To: reg who wrote (594)	11/12/1997 7:58:00 PM
From: JUNIORSPECULATOR	Respond to of 769

>From byginc@gold.sentex.ca Wed Nov 12 17:41:16 1997 Date: Thu, 13 Nov 1997 06:41:11 -0500 (EST) From: "BYG Natural Resources Inc." <byginc@gold.sentex.ca> Subject: Press Release Nov. 12 1997 To: undisclosed-recipients:;@baynet.net BYG Natural Resources Inc BYG Shares issued 47110485 1997-11-11 close $0.63 Wednesday Nov 12 1997 Mr J. Malcolm Slack reports The company has completed the run-in period of its new SAG mill. The SAG mill, while able to run at rates substantially greater than 1000 mtpd, will for the moment be used to operate the milling facility at its designed capacity of 700 mtpd. Before operating continuously at this rate it will now be necessary for the company to achieve compliance with regard to its water licence. Excess water in the Dome Creek valley, resulting from a greater than forecast annual precipitation, means that the two issues of tailings dam water quantity and quality now need to be addressed. B.Y.G has decided that this would be an appropriate time to initiate its water balance contingency plan, this plan being a required part of its water licence. Under its water balance contingency plan, the company processes the excess water at a rate greater than can be accomplished using only the water treatment plant. The increase in processing is carried out by allowing several of the leach tanks to join the water treatment circuit. This creates a capacity many times greater than that of the water treatment plant alone. In this way the excess water is treated and can be discharged to the environment at a much greater rate. The water in the tailings dam can also be treated and returned to the dam enabling the company to achieve compliance within the limits set by the regulatory authorities. The use of the leach tanks for water treatment will obviate their use in the milling and leaching of the ore. Therefore for the period of the operation of the water balance contingency plan, the company will suspend the leaching part of the milling circuit. B.Y.G will concentrate its efforts on the recovery of gold from its carbon, the remediation of its tailing dam water problems and the completion of its environmental reports and test work. The company will adjust its work force as required to meet the changing needs of its differing operations over this period of environmental remediation. After the completion of its water balance contingency plan (approximately six weeks) B.Y.G will be in a position to continue its milling operation at its rated 700 mtpd, producing gold at a cash cost of less than US$160 per troy ounce. .