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CONSOLIDATED OASIS RESOURCES INC. AND SOQUEM - BEGINNING OF THE DRILLING ON THE PONTIAC GOLD PROJECT.


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Saint-Lambert
, QUEBEC--(BUSINESS WIRE)--JUNE 14, 1995--CONSOLIDATED OASIS(ME: CSI CSI Crime Scene Investigator
CSI CompuServe, Inc.
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CSI Commodity Systems Inc. (Boca Raton, FL)
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 ) Joint-venture partners Consolidated Oasis Resources Inc. (ME,CSI), ("OASIS") and SOQUEM are pleased to announce the beginning of the drill program on their PONTIAC gold project.

This new drill campaign is carried out to test the extensions of the gold zones found by previous drilling. The intersections returned values of 3,48 g/t Au over 10,1 meters (0,10 oz/t Au / 33 feet) and 2,41 g/t Au over 4,4 meters (0,07 oz/t Au / 14,4 feet).

Geophysical surveys Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms.  completed recently permitted to identify two distinct mineralized min·er·al·ize  
v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es

v.tr.
1. To convert to a mineral substance; petrify.

2. To transform a metal into a mineral by oxidation.

3.
 structures associated with the gold zones. One of them strikes east-west for more than 600 meters.

The PONTIAC project, made of 264 claims, is located in the Chibougamau area, near the Joe Mann mine and the Philibert deposit.

CONTACT: R jean Gosselin

514-465-4656
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 14, 1995
Words:147
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