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Gold/Mining/Energy : CURLEW LAKE RESOURCES (CWQ-VSE) -- Ignore unavailable to you. Want to Upgrade?

To: Bearcatbob who wrote (317)	7/29/1998 12:14:00 PM
From: Richard A. Green	Read Replies (2) \| Respond to of 701

Good morning! Glad to see the news, as well as discussion re forum - can anyone update me on Bacon Island or is that dead?? Best wishes, Richard

To: Bearcatbob who wrote (317)	1/14/1999 2:05:00 PM
From: Dale Schwartzenhauer	Respond to of 701

NEWS RELEASE - January 13, 1999 MAJOR COURT VICTORY ON THE CROWN JEWEL PROJECT Curlew Lake Resources Inc. announces that on January 6, 1999, a U.S. Federal District Court affirmed the decision of the U.S. Forest Service on the adequacy of the Final Environmental Impact Statement and the Record of Decision. The court granted all motions for summary judgement on behalf of the U.S. Forest Service and Battle Mountain Gold; all motions of the plaintiffs were denied. The Crown Jewel is a joint venture between the operator, Battle Mountain Gold (NY:BMG), and Crown Resource (NASDAQ:CRRS), while Curlew holds a 5% net smelter royalty (NSR) on a portion of the claims, having originally sold its claims in this project to Crown several years ago. Christopher E. Herald, President of Crown, is reported as having stated "This ruling represents a major step in the Crown Jewel project moving forward to production. The decision affirms the adequacy of the project's environmental review and the measures taken to protect the environment, and removes the uncertainty of federal environmental litigation." The Crown Jewel gold deposit contains approximately 1.6 million ounces of gold at an average grade of 0.185 ozs. gold per ton. Battle Mountain Gold is earning a 54% in the project by providing 100% of the funding to place the property into production at a minimum rate of 3,000 tons per day. Average life of mine costs are estimated at $160.00 per ounce, with average annual production rates forecast of approximately 185,000 ounces of gold. Although Curlew's NSR does not cover the existing ore body, it does cover lands to the east and west that may contain structures representing buried extensions of the primary Crown Jewel deposit. As the property moves to initial production, exploration of the surrounding area should commence, as the main deposit represents only an 8-year mine life. On behalf of the Board of Directors, "Signed" Robert B. Pincombe President Telephone No. (604) 688-9951 / Facsimile No. (604) 682-3475 P.O. Box 10110, Suite #308-701 West Georgia Street, Vancouver, BC V7Y 1K8 Email: dataon@curlew-lake.com / Internet: curlew-lake.com