Band-Ore Resources Ltd. - Advanced Exploration Program Including Bulk Sample Planned.TORONTO--(BUSINESS WIRE)--March 5, 1997-- Band-Ore Resources L (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). BAN. ) Band-Ore Resources Ltd. (the "Company") is pleased to announce that it has retained the services of AGRA Earth and Environmental Limited ("AGRA") for the next phase of its advanced exploration program. The program consists of an exploration ramp into the Golden River Zone to confirm the geological structure and continuity of the orebody including an underground drilling program and the extraction of a bulk sample. The work is scheduled to begin late this fall on the Company's 100 percent owned Thorne Property in the Timmins mining camp. AGRA will assist the Company in obtaining all of the necessary permits prior to the commencement of this program. AGRA is a highly recognized consulting firm Noun 1. consulting firm - a firm of experts providing professional advice to an organization for a fee consulting company business firm, firm, house - the members of a business organization that owns or operates one or more establishments; "he worked for a who are currently working in the Timmins mining camp for Echo Bay, Outokompu and Pangea Goldfields n. 1. A small slender woolly annual (Lasthenia chrysostoma) with very narrow opposite leaves and branches bearing solitary golden-yellow flower heads; it grows from Southwestern Oregon to Baja California and Arizona; - it is often cultivated. . Recently, the Company announced the appointment of Kilborn Inc. who will prepare a resource study estimate and assist with an orebody definition drilling program. INFILL in·fill n. 1. The use of vacant land and property within a built-up area for further construction or development, especially as part of a neighborhood preservation or limited growth program. 2. DRILLING PROGRAMS CONTINUES Assay results from the ongoing second stage 92,000 metre diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral program have been received and continue to enhance the potential of the Thorne Property. -0-
Significant new results from the Golden River deformation zone
(East) are listed below:
Hole Width Ounces Gold Per Ton (o.p.t.)
Grams of Gold Per Tonne (g/t)
---- ----- -----------------------------
TH 97-144 4.8 m (15.7 Ft.) 0.08 o.p.t. (2.74 g/t)
TH 97-147 10.4 m (34.1 Ft.) 0.03 o.p.t. (1 g/t)
TH 97-149 5.2 m (17.1 Ft.) 0.18 o.p.t. (6.2 g/t)
TH 97-150 3.75 m (12.3 Ft.) 0.23 o.p.t. (7.9 g/t)
TH 97-150 2.0 m (6.6 Ft.) 0.18 o.p.t. (6.2 g/t)
TH 97-150 3.5 m (11.5 Ft.) 0.10 o.p.t. (3.4 g/t)
Assay results from the Golden River Zone, (West Zone), where wide zones of 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. have been intersected, are expected imminently and will be released as soon as available. A complete table of assay results is available upon request. All Shareholders, Mining Analysts and Gold Fund Managers are cordially invited to visit our display booth #1524 at the Prospectors and Developers Conference on March 9 - 12 being held at the Metro Toronto Convention Centre Metro Toronto Convention Centre, located in Downtown Toronto, Ontario at 255 Front Street West, has 600,000 square feet of space. The convention centre was completed in October 1984 and is home to the 1330 seat John Bassett Theatre, currently used for Canadian Idol. . -0- NOTE TO EDITORS: THE PRESS RELEASE WAS PREPARED BY BAND-ORE RESOURCES LTD. WHICH ACCEPTS THE RESPONSIBILITY AS TO ITS ACCURACY. NO REGULATORY AUTHORITIES Noun 1. regulatory authority - a governmental agency that regulates businesses in the public interest regulatory agency administrative body, administrative unit - a unit with administrative responsibilities OR SIMILAR BODY, HAVE APPROVED OR DISAPPROVED THE INFORMATION CONTAINED HEREIN. CONTACT: Band-Ore Resources Ltd. Jonathan Armes, 416/ 365-0811 http://www.band-ore.com (Internet) |
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