Altai Resources Inc. Announces Preliminary Assays on a Gold Prospect, Philippines.TORONTO--(BUSINESS WIRE)--Oct. 16, 1996--Altai Resources Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :ATI (ATI Technologies Inc., Markham Ontario, http://ati.amd.com) A leading manufacturer of graphics chips and display adapters. Founded in 1985 by K. Y. Ho, Benny Lau and Lee Lau, ATI chips and boards are widely used by OEMs. .) Altai Altai or Altay (both: ăltī`, äl–, ăl`tī, Rus. əltī`), geologically complex mountain system of central Asia; largely in the Altai Republic, Russia, and in Kazakhstan, but extending into W Resources Inc. (ATI, TSE; US Sec. Rule 12g3-2(b) File # 82-2950) announces results on a new gold bearing zone on its Mabulao property on Luzon Island, Philippines. Assay results of 50 chip-channel samples from trenching and pitting in this new zone in the Submakin area range from trace to 16 grams/tonne gold. The alteration Modification; changing a thing without obliterating it. An alteration is a variation made in the language or terms of a legal document that affects the rights and obligations of the parties to it. zone from which these samples were obtained has been traced over a strike length of 1,300 metres and an average width of 100 metres. Further assay results from more than 300 samples taken are expected within the next 30 days. Altai anticipates that a drilling program in the Submakin area and other targets in the Mabulao property will begin within 3 months. CONTACT: Altai Resources Inc. Dr. Niyazi Kacira, 416/869-1338 416/869-1238 (FAX) or Oxford Investor Relations Investor relations The process by which the corporation communicates with its investors. Mr. Forbes West, 416/868-6666 416/868-0943 (FAX) |
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