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Post by Franko10 ™ on Oct 12, 2004 11:28:11 GMT -5
VANCOUVER, British Columbia--(BUSINESS WIRE)--March 22, 1996-- CONS. PINE CHANNEL GOLD (VSE: KPG)--Mr. Dale W. Hoffman, President of Consolidated Pine Channel Gold Corp. (the "Company"), is pleased to report that geophysics have now been completed on claim number S-101388, subject of the Consolidated Pine Channel Gold Corp. (58.2 percent) Canadian Entech Research Corp. (41.8 percent) joint venture, situated in the Northern Mining District of Saskatchewan.
S-101388 lies north on the structure that runs from Fort a la Corne through the War Eagle - Great Western Gold discovery.
Shadow mapping of this area has indicated a cluster of kimberlites, as shallow as 100 m., with signatures similar to those in the Fort a la Corne area, and similar to signatures found over the War Eagle - Great Western Gold Candle Lake joint venture.
An offer has been received from a major mining company regarding a joint venture on this property, but at present the company and Canadian Entech will decline the offer until a complete evaluation of the geophysics has been completed.
Further news will be released as it becomes available.
CONSOLIDATED PINE CHANNEL GOLD CORP. Per: Dale W.
Hoffman, President
The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the accuracy or adequacy of the content of this News Release.
CONTACT: Consolidated Pine Channel Gold Corp.
Dale W. Hoffman, 604/687-2144
or 604/684-5118
604/682-8566 (Fax)
COPYRIGHT 1996 Business Wire COPYRIGHT 2004 Gale Group
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