Barramundi Expands Longline Project.VANCOUVER, British Columbia--(BUSINESS WIRE)--May 3, 1999-- Barramundi barramundi see lates calcarifer. Gold Ltd. (ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. :BAM Bam (bäm), town (1996 pop. 70,100), Kerman prov., SE Iran, on the intermittent Bam River. Located on the western edge of the Dasht-e Lut, Bam is a trade center in a henna-growing region. Dates and other fruits are also grown; camels are raised. ) President and CEO, Mr. Bob Burban today announced that the company has exercised an option it holds to acquire an additional 227 quartz claims at the Longline long·line n. A heavy fishing line usually several miles long and having a series of baited hooks. long project in the Yukon Territory. A final payment of $50,000 was made and the company issued 150,000 common shares and 150,000 common share purchase warrants to complete the transaction. Barramundi is also pleased to report the staking of an additional 398 claims adjacent to the company's core land position at Longline. This brings the company's total land position, including 63 claim under option, to 783 contiguous claims or a total area of approximately 155 km2. A 60 hole, large-diameter diamond core drilling program is scheduled to commence in mid-May 1999 and mobilization of equipment and heavy items was completed in March using a winter road. In addition to the aforementioned 60 hole program, the company will also test a large geophysical anomaly sitting below the high grade quartz veins at surface, discovered as a result of the past season's IP survey. Exploration drilling of this Pogo-like anomaly is expected to commence in early July once detailed gradient array induced polarization surveys have been run and interpreted. The Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved or disapproved the contents of this release. |
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