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2ND DISCOVERY ON TAKLA STAR-NDT PROPERTY, VOISEY BAY.


EDMONTON, ALBERTA--(BUSINESS WIRE)--JULY 26, 1995--TAKLA STAR RESOURCES(Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
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) Mr. James P. Stewart, President of Takla Star Resources Ltd., today announced that oxidized oxidized

having been modified by the process of oxidation.


oxidized cellulose
see absorbable cellulose.
 gossans containing significant values of nickel, copper and cobalt, associated with a 2.4 km long airborne electromagnetic conductor have been discovered on its claim block immediately southwest of Nain, Labrador. The gossans, which represent highly weathered sulphides, were discovered by NDT NDT Newfoundland Daylight Time  ground crews on Takla Star's "Nain" claim block, 34 km NE of Diamond Fields' Voisey Bay deposit. A number of grab samples collected from the two highly leached gossans returned assays of up to 4100 ppm nickel, 1500 ppm copper and 0.07 percent cobalt.

Preliminary interpretation of airborne geophysical survey Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms.  data suggests that a 200 to 400 meter wide, 2,400 meter long, strong bedrock electromagnetic conductor is in close proximity to the nickel-copper-cobalt bearing gossans. The electromagnetic conductor with a coincident magnetic anomaly Magnetic Anomaly may refer to:
  • Kursk Magnetic Anomaly
  • Tycho Magnetic Anomaly
, extends due west from Nain for 1,200 meters then continues to the SW for an additional 1,200 meters. NDT Ventures Ltd. can earn a 51 percent interest in Takla's prime 22,400 hectare Voisey Bay area claim blocks by making phased exploration expenditures of $2.5 million and by staged issuance of 600,000 common shares of NDT to Takla.

Detailed surface exploration will commence shortly and application has been made for diamond drilling program permits.

Takla Star is a well financed, public Canadian exploration company with nickel-copper-cobalt exploration projects in Labrador and gold exploration projects in Bolivia.

For property maps please contact William C. Bale, P. Geol, Vice-President Corporate Development.

CONTACT: William C. Bale, P. Geol.

Vice President Corporate Development

403/421-4521

403/426-3211 (FAX) The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. REPEATS: New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 212-575-8822 or 800-221-2462; Boston 617-330-5311 or

80
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jul 26, 1995
Words:305
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