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Gold/Mining/Energy : Troymin Resources (A.TYR) -- Ignore unavailable to you. Want to Upgrade?

To: Mr. Oil who wrote (532)	2/19/1999 4:34:00 PM
From: Mr. Oil	Read Replies (1) \| Respond to of 555

News is out. Woopee!..............NOT Friday February 19, 3:48 pm Eastern Time Company Press Release Troymin Resources Diamond Exploration at Buffalo Hills CALGARY, ALBERTA--Troymin Resources Ltd (TYR-ME, ASE) has been informed by Monopros Limited, a wholly owned subsidiary of De Beers, that the winter exploration drilling program in the Buffalo Hills area of Northern Alberta has been completed. The program which consisted of three targets, one on the Muskwa block and two on the Bison block, failed to encounter kimberlite. A fourth target on the Bison block could not be drilled because of poor road conditions. Due to the results, Monopros has elected to terminate the joint venture with Troymin. Monopros will prepare a final report which Troymin will submit to the appropriate authorities for assessment purposes. The amount of work conducted so far on the perm its will allow Troymin to keep a significant portion of the permits in good standing for an additional two years during which time Troymin will evaluate the prospect and perhaps seek a new joint venture partner for further exploration work. -------------------------------------------------------------------------------- Contact: Troymin Resources Ltd. Lito de la Paz (403) 298-0254 or 1-800-557-1545 troymin@troymin.com troymin.com biz.yahoo.com Not great news. One more knock for the ADP. It will have to be done by MMU that is all there is to it! Ray