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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla -- Ignore unavailable to you. Want to Upgrade?

To: Rocket Red who wrote (553)	4/6/1998 1:46:00 PM
From: Jesse	Respond to of 822

Another hat in the ring (SE of Hinton): Hawkeye Gold Corporation - Alberta diamond property being acquired Hawkeye Gold Corporation HAW Shares issued 5215314 1998-04-03 close $0.49 Monday Apr 6 1998 Mr Greg Neeld reports The company has been granted an option by Grizzly Gold to acquire an 85% interest in Grizzly's metallic and industrial minerals permits over the Front Range property covering approximately 529,900 acres near Hinton, Alberta. The option may be exercised by the company paying $340,000 over three years, issuing 200,000 shares in four tranches pursuant to progressive phases of exploration, incurring $175,000 in exploration expenses over the next 12 months and incurring an additional $925,000 in exploration expenses over the following 12 months. Grizzly has agreed to subscribe for company shares having a total value of $50,000 upon receipt of each of the $100,000 payments to be made on the second and third anniversaries of the date of acceptance by the VSE of the company's filing in respect of the option agreement. The company also has the right to acquire up to an additional 10% interest for $1 million for each additional 1% at any time up to the 60th day next following announcement of a positive feasibility study on the property. Details regarding the property and its 1998 work program will be released upon receipt by the company of a report on the property written by Mike B. Dufresne, written for the Alberta Geological Survey. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com

To: Rocket Red who wrote (553)	4/6/1998 2:00:00 PM
From: Jesse	Respond to of 822

MARUM RESOURCES INC. - EXPLORATION UPDATE - CHINCHAGA DIAMOND PROJECT, ALBERTA April 6, 1998 - Marum Resources Inc. has received from CaribGold Resources Inc. (TSE:CG) an interim report from APEX Geoscience Ltd. (APEX) on the Marum/CaribGold Chinchaga joint venture. During the period from March 5 to March 22, a total of eleven auger drill holes were completed by APEX at six separate targets within the 275,000 acre Marum/CaribGold joint venture project area. The intent of the drilling was to test overburden thickness and to obtain samples from basal till and bedrock in the vicinity of magnetic and/or physiographic anomalies defined by airborne and ground magnetic surveys. In each of the eleven holes (drill hole identifiers 8CH01 to 8CH11), both basal till and top of bedrock was cored using a continuous sample tube system which yields a 3-inch diameter core. Drill hole depths ranged from 12.3m to 40.5m, with bedrock intersected in each of the eleven drill holes. The maximum depth of overburden encountered was 9.4m. Interestingly, an impenetrable bedrock unit was encountered in two separate holes at Target 7. Attempts to penetrate the bedrock unit caused damage to the light drill. The program was terminated since repairs to the drill could not be completed before spring breakup related road closures. Preliminary observations from drilling indicate that Cretaceous-age shales, sands and mudstones were intersected. The stratigraphic units tested are likely similar in age and character to the succession of sediments that immediately surround or are intercalated with pyroclastic aprons associated with the Buffalo Head Hills kimberlites. At least three targets over an area of about 15 km in length yielded multiple thick pyroclastic ash horizons, up to 2.5m thick, which exhibit varying degrees of alteration. In addition to the pyroclastic horizons, several partly consolidated green sand units were intersected at each of the three targets that yielded the thick pyroclastic. The green color of the sands is due, in part, to the presence of green clay minerals. At this time, prior to analyzing the core, it is unknown whether any of the pyroclastic horizons or the green sand units are related to local mafic or kimberlitic volcanism. Drill holes 8CH09 and 8CH10, which were drilled at Target 7 approximately 10m apart, were terminated at 12.3m and 13.7m, respectively, due to encountering an impenetrable bedrock unit. Further exploration is planned to determine the origin and extent of the pyroclastic horizons, the green sand units and the impenetrable bedrock unit that was encountered at Target 7. At present, all of the drill core is in the process of being logged and sampled by APEX. Selected samples will be sent to the Saskatchewan Research Council for diamond and diamond indicator analysis. Results are expected in three to six weeks. Upon receipt of the preliminary drill results, a high resolution, 200m line spaced, fixed-wing, Spectra Geoscience airborne magnetic survey was immediately authorized to further define the drilled targets as well as other targets in nearby clusters. This 7,000-line km survey is a cooperative effort between Marum, CaribGold Resources Inc., and Micrex Development Corp (ASE:MIX). The survey area covers six townships of the Marum/CaribGold joint venture and 5.5 townships covering a combination of 100% Marum land and Marum/Micrex joint venture land. The flying portion of the survey is expected to be finished within a few days. Additional fieldwork on the Marum/Caribgold joint venture will begin as soon as the core analysis results are evaluated and the airborne geophysical survey results have been reviewed. This work will include sampling, auger drilling and rotary core drilling. Fieldwork, including possible drilling, on certain 100% Marum lands and a portion of the Marum/Micrex joint venture which are adjacent to all- weather roads will begin immediately upon receipt of the airborne geophysical survey results. SOURCE: Mr. Richard Boulay, President Marum Resources Inc. FOR FURTHER INFORMATION: Mr. Arness Cordick, Director Tel: (604) 602-1440 Toll Free: (800) 321-8564 or Calgary Office Tel: (403) 264-2220 Website: marumresources.com The information contained herein has neither been approved nor disapproved by any regulatory or exchange agency

To: Rocket Red who wrote (553)	4/6/1998 4:46:00 PM
From: Leigh McBain	Respond to of 822

There are other lurkers out there Red. The MIX thread does have the odd other fellow show up and I get e-mail periodically from people who read but don't post. That doesn't mean there are a lot, but there are others. Salut, Leigh McBain

To: Rocket Red who wrote (553)	4/7/1998 9:57:00 AM
From: Famularo	Read Replies (1) \| Respond to of 822

Buffalo Hills JV block expected to host more pipes Pure Gold Minerals Inc PUG Shares issued 26,379,471 Apr 6 close $1.00 Tue 7 Apr 98 News Release Also Ashton Mining of Canada Inc (ACA) Mr Donald Sheldon reports In excess of 70 magnetic signatures have now been observed on the original joint venture block totalling 1.45 million acres. The joint venture has been provided with an interpretive mag anomaly map by the operator Ashton Mining of Canada which reports in excess of 70 magnetic signatures. This land represents 6% of the total land held by Pure Gold in the Buffalo Head Craton. Given the present success rate of finding new kimberlite bodies experienced by the joint venture, the original joint venture block alone is expected to host a number of new kimberlite bodies. Out of the first 17 kimberlite bodies analysed to date, 14 were diamondiferous, four significant enough to mini-bulk sample and two required increased tonnage sampling. Nine new pipes have been identified in the winter drill program and are now being analyzed for micro/macro diamond content. The joint venture awaits the processing of the 40 tonnes of kimberlite from K91 by Ashton at the North Vancouver laboratory. Results of the microdiamond content of the first set of the newly discovered pipes are expected in two weeks and the mini-bulk sample early in the third quarter. The joint venture is flying airborne geophysical surveys on other Buffalo Head Alberta properties and is hopeful that further anomalies will be identified. Rights to purchase 3,356,000 units of the company, priced at $1.00 per unit, and consisting of one common share and one-half of one series D warrant expire at 4:30 pm Eastern Time on April 9 1998. Each full series D warrant will be transferable and exerciseable at $1.25 per common share until October 9 1998.