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Gold/Mining/Energy : Pamlico Resources Ltd.(PGP) Russian Diamonds -- Ignore unavailable to you. Want to Upgrade?

To: George Hassen who wrote (8)	2/11/1998 6:31:00 AM
From: arizona_ice_tea	Respond to of 41

I hope we will trade again this week ... The whole deal seems to be very big. That probably the reason the stock was halted for such a long time. Michael

To: George Hassen who wrote (8)	2/13/1998 11:07:00 AM
From: Mark IV	Read Replies (1) \| Respond to of 41

Nothing happen so far ... Have you heard anything?

To: George Hassen who wrote (8)	2/23/1998 6:49:00 AM
From: arizona_ice_tea	Respond to of 41

Resume trading! Up c$ 0.65 to c$ 1.75 (up 59%) The stock was even trading as high as c$ 2.05! The whole story looks still very solid and with the latest private placement at c$ 2.00 stock looks to me still cheap. Michael

To: George Hassen who wrote (8)	2/25/1998 9:38:00 AM
From: arizona_ice_tea	Respond to of 41

News Release; February 24, 1998 VSE Trading Symbol: PGP NEWS RELEASE Mr Terence Steel reports Pamlico Resources Ltd. (the Company), today announced that it is expanding ongoing government-approved diamond exploration and development programs in the Belozerskaya area of the Arkhangelsk region of the Russian Federation on the strength of encouraging results from multiphase airborne and ground geophysical surveys and core drilling. More recent results of the program have: Identified an additional seven magnetic anomalies as potential breccia pipes, adding to the more than 200 anomalies identified by work carried out by the Russian government over the past 20 years. Limited diamond drilling had previously confirmed the presence of 34 explosive breccia pipes. Diamonds were recovered from three of these pipes in a small-scale sampling program. Found, drilled and tested a 35th breccia pipe, identified as C10/1. Core analysis by Arkhangelskgeoldobycka Laboratory has established that C10/1 has a similar magnetic footprint to the Lomonosova pipe, also within the Arkhangelsk Activation Trend, and holding proven diamonds totalling 250 million carats. "C10/1 has proven diamond indicators, chrome diopsides, chrome spinelids, and pyropes. The pyropes found correspond to kimberlite pyropes from the Lomonosova pipes of Mg-A (alniote-kimberlite). These pyropes are found only in diamond pipes. The pipe C10/1 corresponds to the level of depth of the picrite pipes of the Izhemsky, Suksomsky and the Chidvinsky groups of kimberlite pipes." Russian laboratory work is being confirmed at Lakefield/Rainbow Research, where 32 kg of logged split core from the C10/1 drill hole will be analyzed. Confirmed the presence of six microdiamonds and numerous indicator minerals in a one-tonne sample of garnet rich heavy mineral concentrate collected from the northern perimeter of the licence area. According to Lakefield/Rainbow, these occurrences strongly suggest the regional potential for additional kimberlite and placer diamond targets. There is a high probability, with the prospective geological environment, that further pipes will be discovered on the Belozerskaya licence. The expanded 1998-99 program, estimated to cost US$7 million, will include: Extensive pit sampling of alluvial and placer deposits in the licence area. Accelerated core drilling and testing of known pipes and established magnetic anomalies on the property. At least 70 of the undrilled magnetic anomalies on the licence area will be drilled, and 31 established pipes in the Nanoska field will be redrilled to test for diamonds and diamond indicator materials. The three pipes with proven diamonds, and C10/1 in the new field, will be drilled to prove diamond reserves. Based on the experience in the Russian Federation of the company's management teams, the company is optimistic about prospects for its 1998 program and its fully integrated strategy for development of diamond resources there. The company feels the licence area offers tremendous potential in both alluvial and pipe deposits, and the northern mining transaction is well structured to make the company true partners with experienced Russian professionals with a deep knowledge of geology and mining technology in the Arkhangelsk region. Historical analysis shows that more than two-thirds of the magnetic anomalies found in the Nanoska areas are confirmed by drilling to be explosive breccia pipes. In this one area, which represents less than 20% of the company's licence area, the company has already found 35 pipes and have more than 200 anomalies yet to test. By comparison, research shows that drilling programs by all companies in the NWT have found just 200 pipes to date. In order to finance acquisition costs and work programs on the property, Pamlico has announced plans for an equity issue to raise up to $16 million. The exploration and development program is being carried out by Northern Mining Company, an established Russian company with more than 50 mineral scientist and operational field personnel, which Pamlico has agreed to acquire subject to regulatory and shareholder approval. Northern holds a licence covering 1,630 sq km of high potential diamond- prospective properties in Belozerskaya. Pamlico Resources is a mineral exploration and development company committed to development of resources primarily in the Russian Federation and in developing countries. Shares are listed on the Vancouver Stock Exchange under the symbol PGP. PAMLICO GOLD CORP. "Terence A. Steel" Terence A. Steel President The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

To: George Hassen who wrote (8)	2/26/1998 3:06:00 PM
From: arizona_ice_tea	Respond to of 41

NEWS Release, Board Appointments;February 25, 1998 VSE Trading Symbol: PGP NEWS RELEASE Mr Pellegrino Capone reports Dr Vjacheslav V. Krotkov and Dr Ladon Lebedev have agreed to join the company as directors at the next AGM. Dr Krotkov is the president of the Russian State Corporation, Atomredmetzoloto, and chairman of Lomonosova. Atomredmetzoloto is a group of mining and processing enterprises and related research institutes. It is the largest mining concern in Russia and a major producer of diamonds, emeralds and other semi-precious stones; and the major producer of uranium, gold, silver and rare metals. Lomonosova is the largest undeveloped diamond deposit in the world. Dr Lebedev is the chairman of the Northern Mining Company. Both Dr Lebedev and Dr Krotkov have been appointed as directors of the company's US subsidiary, Pamlico Gold Inc, a Nevada company. Dr Krotkov and Dr Lebedev bring with them the opportunity for the company to participate in a number of major mineral exploration and development projects in Russia. Directors have resolved to change the financial year end of the company to December 31 from April 30. Mr Bo Pelech, former director of CIBC Wood Gundy, has been elected as an independent director by the board to commence his directorship immediately. A stock option plan will be adopted for the officers and directors of the company. PAMLICO GOLD CORP. "Terence A. Steel" Terence A. Steel President The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.