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Gold/Mining/Energy : Diamonds in Alberta, Ashton, Pure Gold, Montello, New Cla -- Ignore unavailable to you. Want to Upgrade?

To: violetta martinez who wrote (728)	10/20/1998 3:54:00 PM
From: Famularo	Respond to of 822

TSE SYMBOL: PUG OCTOBER 20, 1998 Pure Gold Acquires an Interest in the Cypango/Reclamation ZL Claims/Southeast Lac de Gras, NWT VANCOUVER, BRITISH COLUMBIA--Donald R. Sheldon, President of Pure Gold Minerals Inc., is pleased to announce that the Company, in continuing with its search for diamonds in the Slave region of the Northwest Territories, has entered into an agreement with Reclamation Management Limited, Cypango Ventures Ltd., and Inukshuk Capital Ltd., whereby it can earn a 20 percent interest in the ZL Claims situated approximately 80 kilometers east-northeast of Winspears' Snap Lake area new diamond discovery and within the Lac de Gras field of kimberlites. Previous till sampling over the ZL Claims was successful in locating a kimberlitic indicator mineral anomaly that appears to be sourced from within the claim blocks. This heavy mineral anomaly has never been traced to its source using detailed till sampling. Under the terms of an agreement, Pure Gold can initially earn a 20 percent interest in the ZL Claims by spending a total of $300,000. Pure Gold's interest is subject to a regional Slave Joint Venture, whereby Pure Gold (24 percent) and Ashton (76 percent) have a general agreement covering the Slave Province. Ashton will be informed of the venture and have the right to participate. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Pure Gold Minerals Inc. Donald R. Sheldon President (604) 682-1240 or Pure Gold Minerals Inc. Carina Bittel Shareholder Information (604) 682-1240

To: violetta martinez who wrote (728)	10/22/1998 10:39:00 AM
From: Famularo	Read Replies (1) \| Respond to of 822

Kimberlitic indicator minerals discovered in Buffalo Hills, Alta. Mount Hope Resources Corp MH Shares issued 9,623,573 Oct 14 close $0.15 Thu 22 Oct 98 News Release Mr. Scott Angus reports Mount Hope Resources has recovered several kimberlitic indicator minerals from a sediment sampling program at its northwestern property in the Buffalo Hills region of Northern Alberta. The sediment sampling program was completed in the vicinity of several geophysical targets defined by an airborne geophysical survey of Mount Hope's Haro River region. The survey was filtered to eliminate any cultural anomalies. The samples were processed by Overburden Drilling Management of Nepean, Ont. and the electron microprobe analysis was carried out at the Ontario Geological Survey Geoscience Laboratory in Sudbury, Ont. The kimberlitic indicators have been recovered from three sediment samples collected from a creek in the Haro River area. These kimberlitic indicators include two peridotitic clinopyroxenes, one eclogitic garnet and two peridotitic garnets. One of the peridotitic garnets is subcalcic in composition known as a G10 garnet, considered to be the best indicator of diamondiferous kimberlites. The high chrome (Cr2O3) content of this garnet (13.19 wt per cent) suggests that it was derived from a potentially diamondiferous host kimberlite. The creek, from which these five kimberlitic indicators have been recovered, drains a restricted area, which contains seven unexplained geophysical anomalies. South of the Haro River area, a peridotitic garnet has also been recovered from Gerard Creek in close proximity to an additional unexplained geophysical target. Mount Hope has contracted Apex Geoscience to recover additional sediment samples from the Haro River region in order to further substantiate these positive results and pinpoint drill targets.