Ambra Resources Announces Marathon Gold Claims Drilling Results and Stakes Additional Claims.VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 6, 1997-- Publicly traded Ambra Resources Group Inc. (OTC Bulletin Board OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : ABRG) announced that the 1997 drilling program on its Vancouver-based Marathon Gold Claims was completed by supervising project geologist Carl Verley. Chemex Labs of North Vancouver North Vancouver, city (1991 pop. 38,436), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver, of which it is a suburb. Shipbuilding, woodworking, and the shipping of grain, lumber, and ore are the chief industries. processed the 32-element geochemical analysis. Of the 45 samples analyzed an·a·lyze tr.v. an·a·lyzed, an·a·lyz·ing, an·a·lyz·es 1. To examine methodically by separating into parts and studying their interrelations. 2. Chemistry To make a chemical analysis of. 3. , a sample taken from the fifth hole at a depth of 165 feet indicated .368 oz. of gold per ton -- a very significant find warranting further exploration. However, the results are inconclusive INCONCLUSIVE. What does not put an end to a thing. Inconclusive presumptions are those which may be overcome by opposing proof; for example, the law presumes that he who possesses personal property is the owner of it, but evidence is allowed to contradict this presumption, and show who is for indicating the location and direction of the Paula Vein, a rich mineral-laden ore body. The seven holes drilled were Ambra's first attempts at locating the direction of the Paula Vein. Previous samples from the site resulted in extremely high assay results of gold, copper and silver, with averages of 10.0 oz. of gold per ton and better. To protect Ambra's present position and because of the results thus far, the company has staked an additional 8,280 acres in the following claims: Babylon 1, Babylon 2, Star Trek  Editing of this page by unregistered or newly registered users is currently disabled due to vandalism. 1, Star Trek 2, Solomon 1, Solomon 2, Solomon 3, and Angela 1. Ambra now owns over 12,000 acres in the Cowichan Valley Cowichan Valley is a region around the Cowichan River and Cowichan Lake on Vancouver Island, in British Columbia, Canada. There is some debate as to the origin of the name Cowichan, which many believe to be an anglicized form of the First Nations tribal name Quw'utsun. , which is a significant presence in the area. The company is determined to continue the drilling program into 1998 and beyond, in its attempt to locate the Paula Vein. Meanwhile, Ambra Resources Group is continuing to acquire hard assets in the company's other divisions, and has strategically positioned itself with a strong portfolio in minerals, oil and natural gas interests. CONTACT: Ambra Resources Group Inc. John Hickey, 1-800/698-3377 Web Site: www.ambraresources.com INDUSTRY KEYWORD: MINING/METALS |
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