Ambra Royalty announces extremely promising assay returns.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 10, 1995--Ambra 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 BB:AMBY) has announced that seven samples taken from the Marathon Gold Property from the 1995 Exploration Program, are being assayed by Mineral Environments Laboratories and look extremely promising. 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 two-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., which 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). The Marathon Gold Property is located within the Sicker Volcanic Belt A volcanic belt is a large volcanic region. Other terms are used for smaller areas of activity; in shrinking size there are volcanic belts, clusters, chains and fields.[1] on Vancouver Island, an active exploration area in British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography . Numerous mines are located in the Sicker Volcanic Belt, most notably the H.W. Deposit of Westmin, which has produced over $1 billion worth of gold. Ambra Royalty Inc. is very excited about the prospects of the Marathon Gold Property and will be releasing the results of the samples taken as soon as the tests have been completed. 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., 800/698-3377 |
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