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Gold/Mining/Energy : NAR FORUM -- Ignore unavailable to you. Want to Upgrade?

To: Earlie who wrote (25)	8/17/1998 7:40:00 PM
From: Andreas Lichtblau	Read Replies (1) \| Respond to of 34

Earlie: Assays are sent out whenever there's a sufficient batch (~couple of dozen?) for somebody to take them to town and ship them to the lab. They don't necessarily wait 'til the hole is finished. Split core in metre lengths can accumulate quickly....so I would guess twice a week? Have no fear, Falco won't let you (or me) know what they are until Falco's good and ready: or when there's a discovery that can materially affect NAR . Visual indications in the search for base metal sulfides are important tools, and the experienced people they have logging core should be able to tell percent Cu and Zn, and be able to quantify the intensity of alteration. So that they can respond to events rapidly with the drill, and not have to wait for assays (like one would have to for gold). Management of some junior gold companies keep their geologists in the dark as to assays, which means the geos can't properly plan anything, and holes are spotted by the 'free-lunch' crowd in Toronto. Not the way NAR/Falco does it!! Cheers, Andreas

To: Earlie who wrote (25)	8/24/1998 11:50:00 AM
From: Michel Lafrance	Respond to of 34

Copy of last week's News Release: SECOND DRILL IS ADDED BY FALCONBRIDGE NAR Resources Ltd. (NAR) is pleased to announce a second diamond drill has been mobilized to the Maramba Project located in the Shamva greenstone belt, Zimbabwe. Drill #2 is currently casing to bedrock on line 12200E, more than two kilometres east of the original staked claims where all previous drilling has been done. Rig #1 continues to follow-up off hole geophysical anomalies detected by down hole geophysics from the previous 23 drill holes (June 17 Press Release). All samples of split core are being shipped to Canada for assay. Results are pending for the first two holes completed by Rig #1 to date into the sulphide bearing "active horizon" which consists of hydrothermally altered volcanic rocks traceable by drilling over 4.5 km. The deepest hole drilled in the just initiated program (and the deepest hole ever drilled on the property) MAR 98-25, has intersected 172 m of "active horizon" between 112-284 metres. Exhalative-type massive sulphide horizons have been cored within this "active horizon" which contain base metal sulphides. The "active horizon" has now been proven to continue at depth. In addition, sulphides are now confirmed to have depth and lateral extent. A borehole geophysical survey of this hole will be made this weekend, which will guide the location of the next hole to the most conductive section of the "active horizon" around hole MAR 98-25. Hole MAR 98-24, located 200 metres east of MAR 98-25 will also be borehole surveyed. This hole intersected at least 60 metres of "active horizon" . Section Hole # Status Active Zone Vertical Depth Assay (metres) (metres) (metres) Results -------- ------ ------ ----------- -------------- ------- 10,200E 98-23 C N/A Pending 8,300 98-24 C 60+ 70 Pending 8,100E 98-25 C 172 220 Pending 10,000E 98-26 D N/A 12,200E 98-27 D KEY: --- N/A - not anticipated, holes 23 and 26 are testing a conductor south of the "active horizon". C - completed D - drilling August 19, 1998. Soil sampling of the Zveya Creek section of the Maramba Project is now complete. Over 6000 samples were taken. Analyses have been received for over 5000 of these samples. Zinc and lead soil geochemical anomalies are associated with the "active horizon" for 7.9 kilometres (4800E to 12700E). Local copper soil geochemical anomalies occur at intervals along the trend of the zinc/lead anomalies. Hole MAR 98-27 is currently testing a zone which is defined not only by an electromagnetic geophysical anomaly but a coincident copper/zinc/lead soil anomaly. Falconbridge Exploration Zimbabwe (FEZ) is the project operator. NAR has sufficient cash reserves to fund its earn-in to the Maramba Project, and complete the first years regional work program which covers 11 other sites identified by FEZ as having Kidd Creek-type rock geochemical signatures. Dated: August 20th, 1998 On Behalf of the Board of Directors (Signed) Leonard J. Taylor, President Stock Symbol: NRL-ME Shares outstanding: 6,515,697 For further information, please contact Leonard J. Taylor, President Tel: (416) 368-9411 Fax: (416) 861-0749 E-mail:ir@nar-resources.com nar-resources.com