Birim Goldfields Inc. and Hemlo Gold Mines Inc. confirm extension of the Mampon Gold-Bearing Structure.MONTREAL--(BUSINESS WIRE)--March 12, 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. INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (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 ) HEMLO GOLD MINES INC. (ME, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). , AMEX AMEX See: American Stock Exchange :HEM) Birim Goldfields Inc. and Hemlo Gold Mines Inc. are pleased to report the latest results of the on-going 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 programme on the Mampon discovery located on the Dunkwa Property in Ghana, West Africa West Africa A region of western Africa between the Sahara Desert and the Gulf of Guinea. It was largely controlled by colonial powers until the 20th century. West African adj. & n. . The table below outlines assay results for diamond drill holes BMD-1 through 10. Holes 1 to 3 have been reported previously (January 15, 1996). To-date, 14 holes have been completed on a systematic 50-meter step-out pattern. All holes have identified and extended the alteration and 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. outlined by holes 1 to 3. Based on recent drilling, a shallow (25-30 degrees) northerly plunging zone of mineralization has been defined. Assays are pending for holes 11 through 14 and are expected in the next 3-4 weeks. Joint venture partners Birim Goldfields and Hemlo Gold are very much encouraged by these latest results. On another front, drilling of the Aboronye gold prospect has begun and will initially consist in a series of four long holes, aimed at following up drilling by BHP Minerals. This programme and other near-term drilling on this prospect, located only 500 metres to the west of Mampon, will attempt to determine whether or not gold mineralization on both these prospects is governed by a common structure. An agreement was signed on June 1, 1995 which gives Hemlo Gold Mines Inc. the right to earn a 65% interest in the Dunkwa property by spending 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. $7,000,000 over a period of four years. Birim is the initial operator and has the option of being carried to full feasibility. Birim's common shares trade on the Canadian Dealing Network (CDN), Canada's national over the counter market, under the symbol BIRM. -0- SIGNIFICANT ASSAYS ______________________________________________________________ HOLE NO. INTERVAL CORE LENGTH GRADE (all-60 degrees metres metres g/T oz/t east) ______________________________________________________________
BMD - 1 0.5 - 61.0 60.5 6.40 0.187
incl. 17.8 - 61.0 43.4 8.18 0.239
incl. 33.6 - 61.0 28.0 11.07 0.323
BMD - 2 0.0 - 123.0 123.0 2.96 0.086
incl. 34.6 - 48.8 14.3 11.06 0.323
incl. 62.3 - 63.7 1.4 61.60 1.797
incl. 118.4 - 121.9 3.5 11.09 0.323
BMD - 3 0.0 - 12.6 12.6 0.62 0.018
96.7 - 123.9 27.2 0.81 0.024
BMD - 4 62.80 - 64.60 1.80 11.37 0.332
80.00 - 118.28 38.28 1.19 0.035
incl. 80.00 - 83.37 3.37 5.26 0.153
incl. 93.08 - 95.33 2.25 7.07 0.206
BMD - 5 85.70 - 86.74 1.04 5.90 0.172
165.92 - 187.06 21.14 0.71 0.021
BMD - 6 9.00 - 15.72 6.72 1.33 0.039
181.00 - 182.00 1.00 6.21 0.181
BMD - 7 54.50 - 60.12 3.17 5.62 0.164
65.42 - 71.12 5.70 7.82 0.228
148.00 - 185.67 37.67 1.71 0.500
incl. 162.00 - 163.00 1.00 32.80 0.957
incl. 179.00 - 181.00 2.00 5.25 0.153
BMD - 8 188.30 - 190.00 1.70 7.73 0.225 BMD - 9 181.95 - 191.03 9.08 1.45 0.042
BMD - 10 51.00 - 54.00 3.00 3.18 0.093
89.92 - 129.50 39.58 6.66 0.194
incl. 116.00 - 127.50 11.50 14.42 0.421
______________________________________________________________
CONTACT: Birim Goldfields Inc. Denis Denis, king of Portugal: see Diniz. Simoneau, (514) 393-8611 (514) 393-1158 (fax) |
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