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Gold/Mining/Energy : Cypress Min. (CYP.V) Diamond Fields clone? -- Ignore unavailable to you. Want to Upgrade?

To: Tony Di Pasquo who wrote (529)	4/2/1999 12:27:00 AM
From: Marek	Respond to of 595

Hi Tony. ICL and CYP are JV partners on 50% of this property. Another 50% belong to Rupert Resources. This property once was 100% own by Rupert Resources. Just read last news release. Regards Marek. Cypress and ITL Capital resume drilling at Rupert's Durham-McEwen project Cypress Minerals Corp CYP Shares issued 19,956,571 Mar 29 close $0.14 Tue 30 Mar 99 News Release Also Rupert Resources Ltd (RUP) Also ITL Capital Corporation (ICL) Mr. Donald Huston and Mr. David Duval report Cypress Minerals and ITL Capital have resumed drilling at their Durham-McEwan gold project in the Red Lake mining camp. Hole 98-1 resumed drilling at a depth of 5,900 feet on its way to a target depth of approximately 7,000 feet. The hole is designed to intersect the projected down-plunge extension of the mineralized horizon hosting the high-grade Goldcorp discovery which has been traced to within 3,000 feet of the Durham-McEwen property. Cypress and ITL have the right to earn a collective 50 per cent interest in the Durham-McEwen project from Rupert Resources. (c) Copyright 1999 Canjex Publishing Ltd. canada-stockwatch.com