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Central African Republic Operations Resume.


TORONTO--(BUSINESS WIRE)--June 26, 1996--UNITED REEF/ASQUITH(TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
: URP 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.
: ASQH ) United Reef Limited and Asquith Resources Inc. jointly said today that their exploration projects in the Central African Republic Central African Republic, republic (2005 est. pop. 3,800,000), 240,534 sq mi (622,983 sq km), central Africa. The landlocked nation is bordered by Chad (N), Sudan (E), Congo (Kinshasa) and Congo (Brazzaville) (S), and Cameroon (W).  ("CAR") will be fully staffed again by week's end. Neither of the Companies' project sites were directly affected by the hostilities which took place in Bangui, the capital city of the CAR, in the third week of May. The Companies' senior exploration staff returned to Bangui on June 11th to coordinate the resupply re·sup·ply  
tr.v. re·sup·plied, re·sup·ply·ing, re·sup·plies
To provide with fresh supplies, as of weapons and ammunition.



re
 and mobilization of both projects. The Companies' Bangui office was reopened in early June with the assistance and co-operation of our CAR based employees and business associates.

United Reef is developing an alluvial diamond property in the CAR through a joint venture with Trans Hex hex, witchcraft or one who works it. The word is of German origin, and beliefs connected with it spread from Europe to the United States, especially to the Pennsylvania Dutch country.  Group Limited of South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. . The current bulk sampling and drilling program on the Bamingui River property resumed approximately 10 days ago.

Asquith has also resumed its exploration program on the 2,000 sq. km Roandji gold property located in central CAR. A detailed airborne radiometric and magnetic survey over the entire property has also resumed. Collection of data from this program is expected to be completed by the contractor in the next four to five weeks. Asquith has also established a small prep laboratory in Bangui to process geochemical soil samples from the Roandji property. The first 80 of these samples are being prepared for shipment to Paris for assaying.

The Companies said order was restored in Bangui within a period of ten days following the outbreak of hostilities, by loyal government forces assisted by French troops. As a matter of precaution, the Companies demobilized their Canadian employees from the CAR between May 24th and 26th.

Both Companies said they expect an update on their exploration programs will be available by late July.

CONTACT: United Reef Limited/Asquith Resources Inc.

Michael Coulter, r /

United Reef Limited/Asquith Resources Inc.

Kenneth Johnson
For "Slick", former WWF manager, please visit Ken Johnson.


Kenneth Johnson (born 26 October 1942) is an American screenwriter, producer and director best known as the creator of the series V and The Incredible Hulk.
, Executive Vice President

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Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 26, 1996
Words:328
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