To: Jim Andrews who wrote (383 ) 4/6/1998 6:07:00 PM From: Joe King Read Replies (1) | Respond to of 637
MINK INTERNATIONAL RESOURCES CORP. Trading Symbol - MKM (V) 6 April 1998 TWO NEW KIMBERLITES DISCOVERED IN KENIEBA PROJECT TOTAL NUMBER OF KNOWN KIMBERLITES NOW AT TWENTY SEVEN The Company wishes to announce the discovery of two more kimberlites in its Kenieba Diamond Project located in Mali, West Africa. These new discoveries bring to twenty-seven (27) the number of known kimberlites in Mink International's Concession in which it has a joint venture with Ashton West Africa Pty Ltd. The discovery of the new pipes on April 2nd and 3rd respectively where accomplished through detailed magnetometer surveys and test pitting -- under the direction of Bernard Rowe, Mink's Diamond Consultant. The Samba Kimberlite (previously anomaly KE 4D-2) was discovered six meters below the surface in the Sansanto area -- where large alluvial diamonds were found earlier. The Yaya Pipe (previously anomaly KE 4D-1) was found five meters below the surface and about 2.6 km north of the Samba Kimberlite. Additional test pits are being excavated on both new discoveries to determine their actual dimensions, as well as to collect half tonne samples from each of them. When amassed, the mini-bulk samples will both be air freighted to Ashton's Laboratory in Perth, Australia for testing and analysis. Two weeks prior to discovering the Samba and Yaya Kimberlites, the Company announced having proved by drilling the 44 Hectare Kassama Pipe. The half tonne sample from the latter, consisting of about 140 metres of diamond drill core, is now on its way to Ashton's Perth Laboratory. Presently, ground magnetometer surveys are being conducted in other sections of the Sansanto area, as well as other aeromagnetic anomalies, in preparation for diamond drilling and/or test pitting. Three other magnetic anomalies were also recently tested. The first drill hole on Anomaly KE 4C-4 still has not explained the reason for the magnetic anomaly. Therefore, additional ground magnetometer and test pitting are planned for it. Drilling of anomalies KE 4D-18 and KE 4C-2 indicated that they are magnetic granite and diorite bodies respectively. ON BEHALF OF THE COMPANY O.L. de la Cuesta President The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy nor accuracy of the contents of this news release 802 - 595 Howe St., Vancouver, B.C. Canada V6C 2T5 Telephone (604) 687 3636 / (888) 233 5344; Fax (604) 687 3330 email: mink@mink.com; website: www.mink.com