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Gold/Mining/Energy : Royal International Venture RIL.V (was Labrador Int'l LAB) -- Ignore unavailable to you. Want to Upgrade?

To: gtr who wrote (909)	6/15/1998 3:32:00 PM
From: Ed Pakstas	Read Replies (3) \| Respond to of 3380

***NEWS RELEASE**** and I might add... IT'S ABOUT TIME... Work commences on South Voisey's Bay properties Labrador International Mining Ltd LAB Shares issued 10,561,308 Jun 12 close $0.20 Mon 15 Jun 98 News Release Mr. Eugene Larabie reports Labrador International, the operator of the Adlatok River 1 and 2 properties in the South Voisey Bay area of Labrador, has received notice from Donner Minerals, the contractor, that the two phase summer work program on the Adlatok River 2 property has commenced. The Adlatok River 1 and 2 properties are owned 50 per cent by Labrador International Mining and 25 per cent by each of Pallaum Minerals and GlobeNet Resources. The phase 1 Adlatok River 2 program will consist of establishing approximately 140km of grid lines at 200m spacing, geological mapping and geophysical survey. The objective of the program is to confirm that the exposed olivine gabbro intrusive dips below the gneiss in the eastern portion of the claims. The geophysical gravity survey is expected to locate any other similar gabbro intrusives below the known gabbros. The phase 2 program is expected to drill targets generated by the phase I program. (c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com