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Gold/Mining/Energy : MARUM RESOURCES ON ALBERTA -- Ignore unavailable to you. Want to Upgrade?

To: bill who wrote (1157)	1/21/1999 9:59:00 PM
From: Jesse	Read Replies (1) \| Respond to of 2514

Hiya Bill! _ There's the awaited drilling News Release - - From the NR: Marum on behalf of the Joint Venture has applied for drill permits. A core drilling program using HQ rods (about 2 ½" diameter core) is to commence as soon as possible. Overburden is expected to be thin, between one to five meters for most targets. Approximately one week will be required to construct access roads and to perform final ground magnetometer surveys on seven to ten initial targets. The project will be managed by APEX Geoscience of Edmonton. International Tower Hill agrees to spend $150,000 by June 30, 1999 to earn a 25% interest in the joint venture and an additional $150,000 by Dec. 31, 2000 to earn an additional 25 per cent interest. International Tower Hill will subscribe for a $75,000 private placement in Marum and this amount will be credited to International Tower Hill's exploration contribution. - - - - - - - - - - Re. the new JV partner, the following was included in the Email-out I received: INTERNATIONAL TOWER HILL MINES LTD. Mr. Anton Drescher, President #570, 837 West Hastings Street Vancouver, BC V6C 3N6 Tel: (604) 685-1017 Fax: (604) 685-5777 towerhillmines.com ITH - Trading Symbol on The Vancouver Stock Exchange #82-3248 - S.E.C. 12g-3(b) Exemption Standard & Poor's Listing ------- Cheers, -j :> Marum Website: marumresources.com