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Gold/Mining/Energy : Golden Hemlock(GHE) -- Ignore unavailable to you. Want to Upgrade?

To: philv who wrote (632)	12/17/1997 4:13:00 PM
From: Robert Dydo	Read Replies (1) \| Respond to of 909

News release: Golden Hemlock Explorations GHE Shares issued 7128326 1997-12-16 close $0.2 Wednesday Dec 17 1997 Mr Robin Forshaw reports A recent mapping and sampling program has been directed at stockwork type zones, postulated to be the source of the high grade veins in the San Jose de Gracia camp. The stockwork system extends from the Tres Amigos zone approximately 2.5km south to the Purisima Ridge zone. Purisima Zone Trenching on the Purisima Ridge identified a favourable zone of stockwork type mineralization 40 to 120m wide and open on strike. Sampling of this zone returned values averaging greater than 2.0 g/t gold. Within the zone, individual higher grade veins exist (eg 2.0m grading 12.5 g/t). Diamond drilling on the Purisima targets gave unsatisfactory results due to faulting, fracturing and the extreme oxidized nature of the rock. DDH 97-56 was collared within trench 5.2 (which was earlier reported to have returned 26m grading 3.1 g/t). Core recovery was less than 50% with most of the oxidized material being lost. Return sludge samples were taken. A 130m section from 22.5m to 152.5m averaged 0.436 g/t gold. These values are difficult to quantify and are only indications of gold existing within the zone tested. Within the stockwork envelope a vein, thought to be an extension of the high grade Purisima zone, was encountered. This vein assayed as follows: From (m) to (m) Intercept (m) Gold g/t 137.5 140.5 3.0 31.90 Drill Hole 97-56A was abandoned at 12.2m due to ground conditions. Core recovery was less than 40%. The hole averaged over 1.0 g/t. Other Zones Continued sampling elsewhere on the property, aimed at outlining bulk tonnage potential, resulted in significant gold values. The Mina Grande and San Pablo zones adjoin the Gossan Cap to the north and west. The following tabulates sample results received to date. Zone Sample Width Gold g/t Type (m) Mina Grande Chip 21.9 7.42 Chip 2.5 6.40 Chip 1.0 1.68 Chip 3.0 2.72 Grab N/A 20.45 Grab N/A 4.49 Chip 1.8 1.82 Chip 1.0 1.18 Gossan Cap Chip 10.0 8.13 Chip 2.0 1.79 San Pablo Chip 1.0 35.04 These results indicate the stockwork system contains significant gold in disseminations and veins. The mineralized system is open in all directions and further sampling has taken place. Limited sampling on the La Prieta zone resulted in assays of 3.19 g/t gold over 8.4m. Poor ground conditions encountered in the Purisima and previously on the Gossan Cap resulted in very poor core recoveries. Accordingly, the company has determined that reverse circulation drilling shall be the preferred exploration technique for these targets. Budgeting is currently underway for this RC program. The phase H drilling and sampling program has been suspended for the Christmas break. Results from further sampling and seven drill holes are pending and will be reported upon receipt.