Birim Goldfields Now Sole Owner of Akrokeri Concession, Ghana.MONTREAL--(BUSINESS WIRE)--Sept. 23, 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. (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 ) is pleased to announce that it has just purchased joint venture partner Esmeralda Exploration Limited's 50 percent participating interest in the Akrokeri licence 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. . This acquisition not only gives Birim full ownership of the property but, together with the 230 sq. km. Dunkwa property to the south (under option to Battle Mountain Canada), provides Birim with a strategic land position to the north and to the south of Ashanti Goldfields' huge Obuasi deposits. Cost of this purchase, to be paid out of the Company's working capital, is 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. $1,185,000 and is equal to the amount paid by Birim for the initial 50 percent interest acquired from Westcroft International Limited (see press release: June 10, 1996). At the moment, Birim is carrying out a property-wide soil sampling program on the Akrokeri licence area, the results of which are expected to become available in a few weeks. Also, a diamond drilling program is currently being implemented in the vicinity of the former Akrokeri mine where 75,000 ounces of gold were extracted from 104,000 tonnes of ore between 1905-1909. The objective of this drilling will be to test the continuity, along strike and at depth of the high-grade quartz veins hosting the gold 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. . In addition, Birim will verify the economic potential of the enclosing rocks, neglected during the period of production, but which are known to be gold-bearing in all of the other deposits along the Ashanti Gold Belt. This acquisition falls in stride with Birim's original and ongoing concern of acquiring, exploring and developing only prime exploration ground in Ghana. Moreover, the Company expects to make further announcements along these lines in the near future. Birim's shares currently trade on the Canadian Dealing Network (CDN) under the symbol BIRM. CONTACT: Birim Goldfields Inc. Denis Denis, king of Portugal: see Diniz. Simoneau, 514/393-8611, 800/721-8611 |
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