Agreement Between Consolidated Gold Hawk Resources Inc. and Orient Resources Inc.MONTREAL--(BUSINESS WIRE)--Sept. 9, 1997--(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :CGK CGK Jakarta, Indonesia - Soekarno Hatta International (Airport Code; aka Cenkareng) .) (ME:ORR.) Consolidated Gold Hawk Resources Inc. and Orient o·ri·ent v. 1. To locate or place in a particular relation to the points of the compass. 2. To align or position with respect to a point or system of reference. 3. Resources Inc. (ORR - Mtl) are pleased to announce that they have reached an agreement by which Gold Hawk will option from Orient a group of 45 mining claims adjacent and tying on to the southwest, to Gold Hawk's mining property in Barry-Souart township township: see town. , east of Lebel-Sur-Quevillon in Quebec's Abitibi region. On August 15, 1997, Gold Hawk announced a gold discovery on its property. One drill hole, no. 2 returned 6.0 gr Au/tonne over a width of 6.7 meters. Repeated assays have reconfirmed this value. Another drill hole, no. 3 gave 1.9 gr Au/tonne over 3.3 meters. Repeated assays have given better values: 6.5 gr Au/tonne over 3.3 meters. Repeats were done at the Swastika swastika Equilateral cross with its arms bent at right angles, all in the same rotary direction, usually clockwise. It is used widely throughout the world as a symbol of prosperity and good fortune. Laboratories in Ontario. Difference in values is attributed to the presence of the free gold along with sulphides in the mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. intersections. Terms of the agreement, subject to the approval of the Ruling Authorities, are that in order to earn a 60 percent participation in Orient's 45 claims group property, Gold Hawk is to spend an aggregate of $500,000 in exploration work and make payment of $50,000 and 30,000 common shares over a period of three (3) years. CONTACT: Consolidated Gold Hawk Resources Inc. Jean Depatie, 514/878-3551 514/878-4427 (FAX) or Orient Resources Inc. Rejean Gosselin, 514/465-4656 514/465-5923 (FAX) |
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