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Gold/Mining/Energy : MIRANDOR-MIQ ON MONTREAL -- Ignore unavailable to you. Want to Upgrade?

To: joe minten who wrote (2463)	5/10/1999 10:28:00 PM
From: Chuca Marsh	Respond to of 2635

AND my new investor siliconor we now know that KIMBERLITES are in Devonion rock: Wed Jan 20, 1999 Property Acquisition Contiguous to Recent Kimberlite Discoveries Larry Kryska, President, New Blue Ribbon Resources Ltd. (the Company) is pleased to announce that the company has the option to earn a 100 percent undivided interest in the Eagle Nest property, located in northeastern Alberta. The Eagle Nest property is contiguous to the northeast of the Kennecott-Montello-Redwood joint ventures Legend property which has hosted several recent kimberlite discoveries. The property consists of four metallic and industrial minerals permits encompassing approximately 80,000 acres. As consideration, a total of $75,000 will be paid to the Optionor of which $5,000 was paid upon signing the agreement, $20,000 within 90 days of receipt of Vancouver Stock Exchange approval, $25,000 within 12 months of VSE approval, and an additional $25,000 within 18 months of VSE approval. As further consideration the Company shall issue 200,000 shares and a bonus of 200,000 shares upon the discovery of a Kimberlite Pipe on the property. The Company shall expend a minimum of $150,000 on exploration and development of the property within eighteen (18) months of Vancouver Stock Exchange approval. The company believes the Eagle Nest property has a high potential to host diatremes of kimberlitic affinity. The property is strategically located along the northern flank of the regionally significant Peace River Arch and on the northeastern edge of the Birch Mountains. Publicly available information shows drift thickness to vary from bedrock exposure within the northern part of the property to a few tens of metres within the southern part. ON BEHALF OF THE BOARD "LARRY KRYSKA" LARRY KRYSKA, President & Director TEL: (604) 687-6820 Larry Kryska, President FAX: (604) 687-6328 ChucaDev......where is my bud, Ed Dev? ChucaDiamonds are fordever