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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 (566)	4/9/1998 9:40:00 AM
From: Famularo	Respond to of 822

Field sampling results in South Saskatchewan Pure Gold Minerals Inc PUG Shares issued 26,379,471 Apr 8 close $0.97 Thu 9 Apr 98 News Release Also Caribgold Resources Inc (CG) Mr Donald Sheldon reports A total of six till samples collected from three separate areas of the South Saskatchewan project joint land holdings have returned unusually high indicator mineral counts. Of special importance to the joint venture, is that the indicator minerals collected displayed abrasion characteristics consistent with a proximal source. The samples were collected between April 4 and 7 by Pure Gold's staff using a No. 4 mesh screen and were processed at the Canamera Laboratories in North Vancouver. The following results were recorded from the lab: Wt Conc Wt Result Pyrope Eclog- Processed Unsorted Class itic (gms) (gms) Garnets Sample No. SS-02 15.31 116.67 Anomalous 1 0 Sample No. SS-04 1.73 89.18 Anomalous 6 0 Sample No. SS-05 11.54 49.48 Anomalous 18 0 Sample No. SS-06 6.92 22.49 Anomalous 8 0 Sample No. SS-08 1.66 28.96 Anomalous 45 0 Sample No. SS-09 2.71 21.18 Anomalous 53 0 Chrome Diopside Ilmenite Chromite Olivine Enstatite Sample No. SS-02 82 11 106 0 0 Sample No. SS-04 78 6 96 1 1 Sample No. SS-05 30 12 83 3 0 Sample No. SS-06 47 3 75 0 0 Sample No. SS-08 14 17 49 0 2 Sample No. SS-09 25 13 119 1 0 Note: The samples were only partially observed due to the fact that the lab discontinues sorting once a significant number of indicator minerals are recovered, and then proceeds directly to caustic fusion for identification of any diamonds that may be in the sample. The Saskatchewan project is a 50/50 joint venture with CaribGold Resources. 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.