BMR Gold: Drilling Program Underway.VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 24, 1997--BMR Gold Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :BGL BGL The pre-July 1999 ISO 4217 currency code for Bulgarian Lev. .) (OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). BB:BGLDF) BMR BMR basal metabolic rate. BMR abbr. basal metabolic rate BMR, n See basal metabolic rate. BMR basal metabolic rate. GOLD announced today commencement of an important fill-in drilling program at its Comstock project in Nevada. The three month program consists of 70 holes totaling 14,000 feet. The target is an area of known mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. between two ore blocks which contain 1,559,139 tons grading 0.056 ounces per ton or 84,700 proven/probable ounces of gold. The area to be drilled is expected to prove up an additional 30,000 to 50,000 ounces gold at similar grades. The ore will be mineable by open pit methods and will be processed at BMR's Oliver Hills leaching facility. Road construction and drill pads have been completed and drill holes located for the first phase of the program which includes 18 holes to be completed in December. Drilling will be accomplished with BMR's recently acquired Canterra reverse circulation drill. The Comstock project (owned 100 percent by BMR) which had profitable production in 1993 is capable of production at a rate of approximately 20,000 ounces per year. BMR GOLD Corp. is a Canadian based gold/silver exploration and development company with proven/probable resources totaling 750,000 ounces on five advanced properties located in California, Nevada, Montana, and Washington State. BMR's present focus is to commence low-cost gold production from two near-term production properties. Frank R. Varseveld, Chief Executive Officer CONTACT: BMR Gold Corporation Marie Antoinette Marie Antoinette (ăntwənĕt`, äNtwänĕt`), 1755–93, queen of France, wife of King Louis XVI and daughter of Austrian Archduchess Maria Theresa and Holy Roman Emperor Francis I. Shields, 604/685-5587 or 1-800-779-0033 Tom Hands, 604/685-5587 or 1-800-779-0033 http://www.bmrgold.com |
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