To: Stew who wrote (456 ) 8/13/1998 11:18:00 AM From: Famularo Read Replies (1) | Respond to of 555
Activity update Troymin Resources Ltd TYR Shares issued 21,789,177 Aug 12 close $0.35 Thu 13 Aug 98 News Release Mr. Tom Boychuk reports Buffalo Hills Diamond Prospect, Alberta Monopros Limited has completed initial ground checking of magnetic anomalies, conducted sediment sampling over all of the claim blocks, and started drift thickness and glacial geology studies over the area. To date, none of the high priority airborne mag anomalies have been eliminated by this work. A detailed follow-up geophysical program using the new high sense helicopter DiaMag system, rather than ground surveys, is now under way to further define and evaluate these prospective anomalies. Sediment sampling has included reconnaissance fences across the properties and down ice sampling of geophysical anomalies. About 500 samples have been collected, of which 145 are being processed and sorted for kimberlite indicator minerals at Monopros facilities in Canada, while the balance will be processed here and sorted in South Africa. Interpretation of the detailed geophysical surveys and initial sample results are expected by month end, at which time targets will be prioritized for the drill program. Subject to positive geophysical results, drilling operations are expected to commence on the drier accessible targets this fall, with a follow-up winter program on the wetter less accessible targets after freeze-up. Prospector Mountain Cu-Au Prospect, Yukon A summer exploration program consisting of geological mapping, rock sampling and ground geophysical surveys has been completed in the eastern part of the property. Results are expected shortly and will be combined with the current information to determine future programs on the property.