Ambra Royalty announces extremely high assay returns: gold -- 19.040 oz/ton; silver -- 64.6 oz/ton.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , British Columbia--(BUSINESS WIRE)--May 25, 1995-- Ambra A subsidiary of the IBM PC Company that sold PCs as "IBM clones" via direct mail under the Ambra name. Although only a year in business, Ambra was shut down by IBM in 1994, claiming it caused too much confusion in the marketplace. Royalty Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on Bulletin Board: AMBY) is very excited to announce that the seven samples taken from the Marathon Gold Property have resulted in even higher assay returns than anticipated. Previous assay samples of 1993 showed gold values as high as 16.425 ounces of gold per ton. The 1995 assays from the seven samples show gold values as high as 19.040 ounces of gold per ton. These extremely high gold values were assessed by fire assays, the most accurate method. In addition, the silver values also came in higher than anticipated, with silver values as high as 64.6 ounces of silver per ton. -0- ASSAY AU AU AG AG CU ZN DATE g/ton oz/ton g/ton oz/ton % % 8/20/93 364.00 10.617 1245.0 36.31 3.190 .01 9/13/93 563.13 16.425 1923.0 56.09 6.970 N/A ASSAY SAMPLE AU AG CU DATE NO. oz/ton oz/ton %
5/19/95 #1 13.420 FA 49.60 2.32
#2 19.040 FA 64.60 FA 4.70
#3 4.318 16.80 2.62
#4 6.830 FA 22.70 2.66
#5 7.370 FA 26.40 1.74
#6 4.355 10.90 0.94
#7 4.250 1.230 0.44
AVERAGE (1995) 8.51 27.46 2.20 Samples which showed gold values as high as 5.0 ounces of gold per ton in the pulp assays were followed by a fire assay for maximum accuracy. The extremely high silver assay of 64.6 ounces of silver per ton from sample #2 was also concluded by fire assay. From the seven samples assayed, the average of gold equals 8.51 ounces per ton, silver equals 27.46 ounces per ton and copper equals 2.20%. In the news release of May 3, 1995, the company unintentionally stated that the seven samples were taken to Mineral Environments Laboratories in Vancouver, the same laboratory which completed the 1993 assays. Instead, the May 19, 1995, assays were completed by Chemex Labs Ltd. in 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. . The company would like to apologize a·pol·o·gize intr.v. a·pol·o·gized, a·pol·o·giz·ing, a·pol·o·giz·es 1. To make excuse for or regretful acknowledgment of a fault or offense. 2. To make a formal defense or justification in speech or writing. for this oversight
Oversight may refer to:
adj. Having a good reputation; honorable. rep  u·ta·bil and dependable in
the industry.Previous assays from samples taken have shown gold values as high as 16.425 ounces per ton. A second independent study completed returned an assay of 14.5 ounces per ton of gold. In addition, a 2-ton "ore" shipment from the Marathon Gold II Property returned 21.6 ounces of gold and substantial silver. The Marathon Gold Property on Vancouver Island Vancouver Island (1991 pop. 579,921), 12,408 sq mi (32,137 sq km), SW British Columbia, Canada, in the Pacific Ocean; largest island off W North America. It is c.285 mi (460 km) long and c. is 100% owned by Ambra Royalty Inc. Ambra Royalty Inc. acquired the gold property from Ruza Resources in exchange for shares. The Marathon Gold I and II adjoining properties consist of approximately 1,200 acres with a total of 20 claims (10 claims each). With gold prices positioned to go over the $400 (USD USD In currencies, this is the abbreviation for the U.S. Dollar. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. ) mark, the company feels that the future looks very promising. Ambra Royalty Inc. would like to thank its shareholders for their continued support. CONTACT: Ambra Royalty Inc., Vancouver 1-800/698-3377 INDUSTRY KEYWORD: MINING 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 |
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