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Gold/Mining/Energy : International Precious Metals (IPMCF) -- Ignore unavailable to you. Want to Upgrade?

To: Alan Vennix who wrote (31195)	3/24/1998 12:57:00 PM
From: Chuca Marsh	Respond to of 35569

Speaking about NEWTECH extraction VERIFICATION, want to see a DD ( of sorts by a streeeetch)Birch(BMD:ASE) Mountain PR 10 mins ago, a birth of a NEWTECH MINING and Extraction..industry: Information and sharing agreement with Shell and BHP Birch Mountain Resources Ltd BMD Shares issued 22,168,422 Mar 19 close $0.47 Tue 24 Mar 98 News Release Mr Doug Rowe reports Birch Mountain has signed a sharing of information and cooperation agreement with Shell Canada and its partner BHP Diamonds with regards to Shell's lease 13 in northeast Alberta. Birch Mountain holds the metallic and industrial mineral rights and Shell holds the bituminous sands rights for the area covered by lease 13, 70km north of Fort McMurray. This agreement provides a framework for cooperative development in an area where overlapping mineral interests exist. The agreement establishes a steering committee with two representatives from Birch Mountain and two representatives from Shell and BHP. The parties will exchange technical data and other information and develop recommendations for cooperative approaches to mining to be considered by the boards of Shell, BHP and Birch Mountain. This agreement is similar to an agreement between Birch Mountain and Syncrude Canada which was implemented last year. Birch Mountain is exploring for precious metals and diamonds in Athabasca and has announced gold and platinum assay results from the area. Drill targets are being identified by integrating airborne magnetic data with surface and subsurface geophysical and geological data, including examination of 150 cores obtained from Syncrude. Major structures in the vicinity of platinum and gold intersections in drill hole 11-7-AE-9610W4, which fire assayed 2.2 - 4.9 g/t platinum and 0.2 g/t gold, have been identified and mapped. Ground EM surveys are planned in order to follow conductive zones into the fault systems in preparation for final drill target selection. In addition to Athabasca, Birch Mountain is exploring for large tonnage deposits of gold, precious and base metal in the Dawson Bay region of Manitoba, at Swift River in the southern Yukon, and in West Kalimantan in Indonesia. Birch Mountain has repriced 680,000 stock options which were previously issued to employees and directors on January 16 1996, February 1 1997 and March 24 1997, with exercise prices ranging from $2.20 to $2.75 to a new exercise price of $0.70. Refer: canada-stockwatch.com Out the Wild West of Canada!!! Chuc likes the word ...West!!!