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Gold/Mining/Energy : A CANADIAN DIAMOND HUNT -- Ignore unavailable to you. Want to Upgrade?

To: Ed Pakstas who wrote (30)	1/8/1998 7:56:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 930

Subject: Stockwatch: Troymin Resources Ltd - News Release Date: Thu, 08 Jan 1998 14:19:38 -0800 From: newsout@canada-stockwatch.com To: edpak@georgian.net Lac de Gras drilling to commence Troymin Resources Ltd TYR Shares issued 21,768,344 Jan 7 close $0.83 Thu 8 Jan 98 News Release See Almaden Resources Corporation (AMH) News Release Mr James McInnes reports ATW Resources, a company owned by Almaden (40%), Troymin (20%)0 and Williams Creek (40%) has a 35% interest, carried to production from the first mine, in a joint venture with Kennecott Canada Exploration covering the ATW Lac de Gras-Mackay Lake diamond property, NWT. Kennecott has informed ATW of its plans for this property. The main exploration target on the property is the source of a prominent indicator mineral till anomaly. This anomaly contains indicator minerals (garnets and chromites) with chemistry from within the diamond inclusion field suggesting the source will be diamondiferous. This indicator mineral anomaly terminates in sandy esker material at the western edge of Mackay Lake. An RC drill rig will be used to sample the till just off shore in Mackay Lake commencing in early to mid-February. A line of approximately 20 holes will be drilled perpendicular to the paleo-ice direction. These samples will be rushed to the Thunder Bay laboratory where they will be processed at the highest priority. Positive results will be followed up using the same method further out into the lake. Negative results will mean that the target must be nearby down ice towards the lakeshore. This process should lead to narrowing down of the source area and hopefully an interesting kimberlite discovery. Kennecott may elect to conduct geophysics in the narrowed down target area to further define a drill target. The estimated budget for 1998 will be approximately $250,000. Previous work on the property has defined one diamond poor kimberlite, TR107. This kimberlite had poor indicator mineral chemistry in contrast to the chemistry of the till anomaly. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Ed Pakstas who wrote (30)	1/8/1998 7:58:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 930

Subject: Stockwatch: Everest Mines and Minerals Ltd - Private Placement Date: Thu, 08 Jan 1998 14:26:30 -0800 From: newsout@canada-stockwatch.com To: edpak@georgian.net 2.25m shares at $0.27 Everest Mines and Minerals Ltd EVR Shares issued 1,689,830 Jan 7 close $0.41 Thu 8 Jan 98 Private Placement The VSE has accepted for filing a non-brokered private placement of: No. of shares: 2,250,000 Price: $0.27 Warrants: For 2,250,000 shares Wt exercise price: $0.27 in year one; $0.31 in year two Placees: Hilda Nyquvest 200,000; Mike Reynolds 200,000; Paul MacNeill 185,185; and 40 others (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Ed Pakstas who wrote (30)	1/8/1998 8:01:00 PM
From: Ed Pakstas	Read Replies (1) \| Respond to of 930

Subject: Stockwatch: SouthernEra Resources Limited - News Release Date: Thu, 08 Jan 1998 14:46:14 -0800 From: newsout@canada-stockwatch.com To: edpak@georgian.net Application for judicial review of section 84 ruling SouthernEra Resources Limited SUF Shares issued 25,695,265 Jan 7 close $14.85 Thu 8 Jan 98 News Release See Gerle Gold Ltd (GGL) News Release Mr Raymond Hrkac reports Gerle Gold and SouthernEra Resources have filed to seek a judicial review of the Assistant Deputy Minister's section 84 ruling of November 20 1997. Gerle received notification on November 20 that Mr James Moore, Assistant Deputy Minister, Northern Affairs program, had overturned the supervising mining recorder's decision of May 10 1996 which had been in favour of Gerle. In this recent decision, he ordered the reinstatement of the RIM 1-24 and MK 1-15 mineral claims, the ground of which is in part covered by the LA 26-30 claims, and ordered their transfer to lnukshuk Capital. The results of Gerle's work to date suggest that the primary sources of the indicator mineral trains found on the LA 26-30 claims are on the LA 1-25 claims which are unaffected by this decision. However, Gerle believes strongly in its case and further, that the decision seriously undermines the effective administration of the Canada Mining Regulations. As such, it has decided to apply for a judicial review. Gerle and its joint venture partners are among the largest claim holders in the Slave Craton diamond region of the Northwest Territories. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com