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Gold/Mining/Energy : Blackstone Resources BLV-CDNX -- Ignore unavailable to you. Want to Upgrade?

To: Buckey who wrote (338)	2/10/1999 6:34:00 PM
From: John E.Quinn	Read Replies (2) \| Respond to of 373

Blackstone Resources Inc - Blackstone granted title on Pogo area property Blackstone Resources Inc BZZShares issued 10,985,5011999-02-09 close $0.14Wednesday Feb 10 1999Mr. Donald McInnes reports The company has received full title from the State of Alaska Department of Natural Resources, to 32 mineral claims and 28 prospecting sites which were staked in November 1998. The nine square mile Falcon property, in the Goodpaster district, east-central Alaska, is 40 kilometres southeast of the Pogo project of Teck Corporation and Sumitomo Metal Mining. In November 1998, Teck announced a resource of 9.98 million tons grading 0.52 ounces of gold per ton in the Pogo deposit. The Falcon property covers a prospective area with geological, geochemical and geophysical characteristics similar to those found on the Stoneboy property. The Pogo deposit and other mineralized zones at Stoneboy lie along the Pogo trend, a linear trend of magnetic low anomalies that coincide with the contacts between intrusive and metamorphic rocks. Geochemically, the Pogo deposit is defined by pathfinder elements such as arsenic and bismuth in silt and soil samples. The Falcon property is host to intrusive contacts, bismuth and arsenic silt geochemical anomalies and magnetic lows and lies within the Big Swede trend, a second linear magnetic and pluton feature south of the Pogo deposit. The Falcon property was acquired for 200,000 shares to be paid over three years and by granting a net smelter royalty to Rimfire Minerals Corporation. Rimfire is also entitled to 25 per cent of all future cash or stock consideration that Blackstone may receive from subsequent joint ventures or options on the Falcon property. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com

To: Buckey who wrote (338)	3/9/1999 9:07:00 AM
From: R.A.K.	Read Replies (1) \| Respond to of 373

TECK AND SUMITOMO ARE STARTING WORK ON THE POGO: Teck Corporation: Underground Exploration Permits Received for Pogo Project, Alaska VANCOUVER, BRITISH COLUMBIA--Sumitomo Metal Mining, Sumitomo Corporation and Teck Corporation are pleased to announce that all necessary permits have been received to conduct an underground exploration program for the Pogo Project in the State of Alaska. The program will consist of driving an adit 5200 feet under Pogo Ridge to intersect the Liese (L-1) orebody in order to obtain geotechnical data for mining method determination, confirm the continuity of the orebody for mining, and obtain a bulk sample for metallurgical testing. Underground drilling will be conducted to try to confirm a possible third zone (L-3), 400 feet below the Lower Liese zone (L-2), which has been intersected in two drill holes from surface. The program will begin immediately with the mobilization of men and construction materials. A 3,000 foot long winter airstrip has been built to permit the use of larger aircraft. The program will be conducted in two phases with Phase 1 to intersect the Upper Liese zone (L-1) to be completed by the Fall of 1999. A surface drilling program to further define the Upper and Lower Liese zones will be conducted in conjunction with the underground program. A pre-feasibility study will be conducted by the fall of 1999, and a final feasibility study for the Pogo Mine Development will be completed by the end of 2000 based on results of 1999 and 2000 exploration program and engineering studies. -30- FOR FURTHER INFORMATION PLEASE CONTACT: Teck Corporation Dr. N.B. Keevil President and CEO (604) 687-1117 Website: www.teck.com or Teck Corporation Dr. K.M. Zeitler Senior Vice President (604) 687-1117