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Adex Mining - Drilling Completed At Mackay Lake.


TORONTO, Ontario--(BUSINESS WIRE)--Oct. 12, 1995--ADEX MINING CORP. (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
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 Mining Corp. (the company) announced today that it has received the results of a drilling program recently completed by joint venture partners Lucero Resources Corp. and United Compass Resources Ltd. on the company's MacKay Lake Property, Northwest Territories.

Four geophysical anomalies were tested on the property, located approximately 80 km south-southeast of the BHP/Diamet Property near Lac de Gras Lac de Gras is a lake approximately 300 km north of Yellowknife, Northwest Territories, Canada. Lac de Gras was the centre of the Canadian diamond rush of the 1990s. There are two working diamond mines in the area, Ekati Diamond Mine, and Diavik Diamond Mine. , N.W.T. No kimberlite was intersected in the 1172 metres drilled.

ADEX Mining Corp. does not anticipate any additional work being completed on the MacKay Lake property in the near future.

CONTACT: Investor Relations

(416) 947-1179
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Oct 12, 1995
Words:109
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