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CROSS CANADA RESOURCES - EXPLORATION UPDATE.


VANCOUVER, BC--(BUSINESS WIRE)--Aug. 17, 1995--CROSS CANADA RESOURCES (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.
: CSCR CSCR Consortium for Slow Commotion Research
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 ) Cross Canada Resources releases exploration update of the Spanride Property where 70 km of line cutting has been completed and geophysical surveys have begun. Several grab samples of the main showing, central part of the property, exhibit results in the range of .18 Au/pt. Additional prospecting in the southwest portion of the grid has disclosed several exposures of massive sulphides with assays pending. In the southeast part of the property, English Township prospecting has uncovered epidotic ep·i·dote  
n.
A lustrous yellow, green, or black mineral, Ca2(Al, Fe)3(SiO4)3OH, commonly found in metamorphic rock.
 volcanic rock with heavy sulphides.

Geophysical surveying (Total Field Magnetic & Time Domain Induced Polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is ) is ongoing.

Cross Canada Resources Inc. is continuing its policy of aggressively seeking properties of merit in Canada and in U.S.

-0-

John Samis

President

CONTACT: John Samis, 604/669-8677
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Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Aug 17, 1995
Words:135
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