Birim Goldfields Ghana Update.MONTREAL--(BUSINESS WIRE)--July 18, 1996--Birim 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. (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. : BIRM BIRM Biological Immune Response Modulator BIRM Bridge Inspector's Reference Manual BIRM Beijing Institute of Radio Metrology and Measurement OTC BULLETIN BOARD OTC Bulletin Board An electronic quotation listing of the bid and asked prices of OTC stocks that do not meet the requirements to be listed on the NASDAQ stock-listing system. : BIRM ) Birim Goldfields Inc. wishes to announce the recent progress made on the Dunkwa property in Ghana and the upcoming exploration program. Mobilization of heavy drilling equipment has been hampered by an unusually long and wet rainy season. This accounts for the recent scarcity of drilling results. Target definition has, however, been steadily moving along and the now-completed infill soil sampling has yielded a series of anomalies which will be drill-tested with a reverse circulation unit, begining next week. The drill program will consist of 60 sixty-meter holes spread out among three anomalies, namely Adukrom, Akwaboa and Chirbra. Characteristics of these three anomalies are as follows: -0- Anomaly Length Width Peak value No. of times above ~ (m) (m) (ppb gold) background Adukrom 750 125 4,300 175 Akwaboa 1200 150 800 40 Chirbra 800 200 340 17 -0- The time required to complete this drilling phase should be in the order of ten to twelve weeks but results will be released once each anomaly has been covered. Whereas diamond drilling on the Aniamote Prospect has readily identified the gold-bearing structure, assay results are, for the most part, sub-economic. The best intersections obtained were from holes BND-2, with 6.05 g/t AU over 3.0 meters and BND-6 (100 meters to the north), with 1.92 g/t Au over 6.0 meters. Elsewhere on the property, diamond drilling on the Mampon Prospect should resume shortly, the upcoming program aimed at pursuing the 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. to the north and at depth. Twelve holes are planned for the time being: additional holes will follow in accordance with the results obtained. Birim Goldfields Inc.is a junior mining exploration firm whose focus is to explore and discover gold deposits in Ghana, West Africa. Its shares currently trade on the Canadian Dealing Network (CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ), Canada's over the counter market, under the symbol BIRM. CONTACT: Denis Denis, king of Portugal: see Diniz. Simoneau, President, 514/393-8611 800/721-8611 514/393-1158 (fax) |
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