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Post by Franko10 ™ on Oct 12, 2004 12:00:44 GMT -5
VANCOUVER, British Columbia--(BUSINESS WIRE)--Aug. 27, 1996--CONS. PINE CHANNEL (VSE:KPG) Mr. Dale Hoffman, president of Consolidated Pine Channel Gold Corp. (the "Company"), is pleased to provide an update on the summer exploration program, and to outline the scheduled fall and winter programs.
On claim CBS-8175 and the recently staked S-105445, both within the Consolidated Pine Channel - JNR Resources Inc. area of interest, initial results from the summer reconnaissance program outlined in our News Release dated July 25, 1996, are turning out to be most encouraging. To date, four different showings have been found by prospecting:
(a) Old Cabin Quartz Vein (b) Ridge Zone (c) 450 North Vein (d) South East Pond Zone
Because of the encouraging values returned from these showings, the camp has been moved for better access. An all-weather camp has been constructed for further evaluation of these showings. Additional prospecting is presently taking place, with the placement of a grid over the properties in progress. Geophysics are scheduled to commence August 27, 1996, with a drill program to follow, as targets are clearly identified.
First pass sampling of the Old Cabin quartz vein traced along strike for 290 meters, with widths uncovered so far of 1 metre plus, and with gold values present, to date, for over 200 meters. The area known as the "gold showing" returned the following extremely high gold values from selected samples (each weighing 2.5 to 3.5 lbs.), where visible gold is present:
COPYRIGHT 1996 Business Wire COPYRIGHT 2004 Gale Group
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