Cartaway Resources Ground Geophysics Program Underway.VANCOUVER, British Columbia--(BUSINESS WIRE)--April 6, 1998-- Cartaway Resources C (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :CWA CWA Clean Water Act (33 USC) CWA Communications Workers of America CWA Concerned Women for America CWA CEN Workshop Agreement (European pre-normative document) CWA County Warning Area CWA Clean Water Action .) CARTAWAY RESOURCES CORPORATION ("CWA") is pleased to announce that a magnetic and large loop, time domain electromagnetic (PEM (Privacy Enhanced Mail) A standard for secure e-mail on the Internet. It supports encryption, digital signatures and digital certificates as well as both private and public key methods. Not widely used, work on PEM later evolved into S/MIME. See MIME. ) survey is underway on the SVB-1 property (Block BRE (Business Rules Engine) Software that automates policies and procedures within an organization, whether legal, internal or operational. The use of a rules engine (BRE) requires placing the company rules in an external repository that can be easily reviewed rather than , Map Staked License 3307M) located 7 kilometers south of the Donner/Northern Abitibi discovery where drilling returned 1.13 percent Ni, 0.78 percent Cu and 0.20 percent Co over a core length of 15.7 meters. International CanAlaska Resources Inc. has an option to earn a 50 percent interest in the property by expending the next $500,000 on exploration and must complete a $100,000 geophysical program by April 30th, 1998. Cartaway is supervising the geophysics. The PEM survey will evaluate two magnetic conductors located by a helicopter borne magnetic-electromagnetic survey flown over the property by High-Sense Geophysical Limited in 1995. Both conductors occur in the northeast corner of the property. One of the conductors occurs beneath Pants Lake, is 700 meters long and is overlain o·ver·lain v. Past participle of overlie. by weakly conductive lake bottom sediments. It will be surveyed first to allow sufficient time to test it this winter if the PEM results warrant drilling. A second conductor occurs along the north boundary with a Donner/NDT owned license. It has been traced over a strike length of 2 kilometers and is consistent with an olivine-gabbro unit. The contact between the olivine-gabbro and gneisses is obscured by talus talus (tā`ləs), deposit of rock fragments detached from cliffs or mountain slopes by weathering and piled up at their bases. A talus is a common geologic feature in regions of high cliffs. and samples of disseminated and fracture controlled sulphides from the lower part of the olivine-gabbro returned a maximum 0.27 percent Ni, 0.32 percent Cu and 0.05 percent Co. For further information please contact Sterling Pacific Capital Inc. toll free at 1-800-663-0510 or locally at 604-669-2701. We may also be reached by fax at 604-687-1405 or email to spc@helix.net or visit our web site at www.sterlingpac.com/cartaway. On behalf of the Board of Directors: Walter Nash Sir Walter Nash, GCMG, CH (12 February 1882–4 June 1968) served as Prime Minister of New Zealand from 1957 to 1960 and was also highly influential in his role as Minister of Finance. Vice President - Exploration -0- The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. CONTACT: Sterling Pacific Capital Inc., 604/669-2701 or 800/663-0510 604/687-1405 (FAX) email: spc@helix.net http://www.sterlingpac.com/cartaway |
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