Post by Franko10 ™ on Sept 11, 2004 14:36:46 GMT -5
September 13, 2000
Shane receives Fort a la Corne lab results
The company has received results from a laboratory analysis of a drill hole on its Fort a la Corne diamond property.
The drill hole located about six kilometres south of Shore Gold's star kimberlite, contained diamond indicator minerals and was drilled to a total depth of 257 metres. Management is encouraged by the results to date, and is currently awaiting lab results from a second hole drilled approximately four kilometres to the northeast of the first hole. A hole drilled in the Piprell Lake area failed to explain the magnetic anomaly.
Future plans in the Fort a la Corne area include further work on the company's 100-per-cent-owned properties and a possible joint venture, including drilling, with another company holding ground in the area.
The Fort a la Corne kimberlite field is one of the largest in the world. Shane Resources holds approximately 50,000 acres in the area.
ON BEHALF OF THE BOARD OF DIRECTORS OF SHANE RESOURCES LTD.
Mr. Rick Walker Director
The Canadian Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.
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