Barramundi Resumes Drilling At Longline.VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--May 27, 1999-- Barramundi barramundi see lates calcarifer. Gold Ltd.(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :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. .) Barramundi 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) President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , Mr. Bob Burban today announced that the company has begun its summer drilling program 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. The program of approximately 60 shallow PQ diamond core drill-holes has commenced on Vein no. 2 in the historic "Swede's Pit" area. This area has been earmarked as the site of a 20,000 tonne bulk sample in year 2000 and is being drilled on a 20m x 20m grid pattern. Barramundi will release drill results from this program in tranches, with the first tranche results expected by late June. A comprehensive gradient array electrical IP (induced polarization) survey is scheduled to commence in the very near future. This survey will accurately focus and define the resistivity and chargeability anomalies discovered during last year's summer program. Diamond core drilling of these large Pogo-like anomalies is scheduled to commence in late June with results due in late July. Site visits to introduce the investment community to the project will begin on June 25 and continue for the balance of the summer. Barramundi Gold Ltd. (ASE:BAM) is a Canadian junior mining company exploring for high-grade multi-million ounce gold deposits in first-world countries. The Company is currently working on three exciting projects - two in the Yukon Territory of Canada and one in Queensland, Australia. The Alberta Stock Exchange has neither approved or disapproved the contents of this release |
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