To: Flea who wrote (157 ) 5/26/1998 9:16:00 PM From: Buckey Respond to of 234
*****NEWS******Taiga exploration program begins Glenhaven Resources Inc GNN Shares issued 20,132,921 May 25 close $0.25 Tue 26 May 98 News Release See Blackstone Resources Inc (BZZ) News Release Mr. Donald McInnes reports Field crews have been mobilized to the Taiga project, Yukon Territory. The first phase of the 1998 exploration program will consist of a minimum of 1000 metres of diamond drilling, grid based soil sampling and geological mapping on the Taiga main property (MM grid area) as well as reconnaissance soil sampling and prospecting on newly staked claims referred to as the KK, LL, NN, Kit and Taiga East properties. Drilling in the discovery area of 1997 will commence in the first week of June. Diamond drilling will initially be focussed in the MM grid area where 1997 discovery drill holes REN97-08 and 97-07 intersected previously unrecognized nickel-zinc mineralization. The 1997 reconnaissance drilling program revealed that nickel mineralization has a strong association with occurrences of bedded barite. Four holes will initially be drilled to test for lateral continuity of the mineralization intersected in drill holes REN97-08 and 97-07 and then drill a fence of holes to test the southern down-dip extension of the mineralization. Further drilling will test a one kilometre-long nickel-zinc in soil anomaly and additional barite occurrences which lie immediately west of the MM grid area. Soil sampling by UMEX Corp. in the 1970s identified two zinc-in-soil geochemical anomalies on the LL property that were traced for 3.5 kilometres and 1.2 kilometres, respectively. UMEX did not test for nickel. Subsequent reconnaissance soil sampling during staking by Blackstone personnel in 1997 confirmed the UMEX soil samples were also anomalous for nickel and identified a further three areas of highly anomalous nickel values, coincident with the UMEX anomalies. As well, soil sampling on the KK, NN, Kit and Taiga East properties has identified at least two areas of anomalous zinc and nickel in soil samples on each property. Detailed mapping and soil sampling will be carried out in 1998 in these highly prospective areas. The timing of the drilling and exploration program is such that, should results warrant it, a second drilling program could be commenced in 1998.The Taiga project is a joint venture between Blackstone Resources and Glenhaven Resources. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com