Columbia Yukon: Alberta Diamonds - Buffalo Head Mustang Drill Program to Recommence.VANCOUVER, British Columbia--(BUSINESS WIRE)--April 30, 1998--Yukon Resources Ltd. (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). :CYR CYR Colonia, Uruguay (Airport Code) .) (the "Company") as operator, along with its joint venture partner International Butec Ind. Ltd., are pleased to announce that the Alberta Public Lands Department has given approval for the continuance of the "Mustang mustang [Sp. mesteño=a stray], small feral horse of the W United States. Mustangs are descended from escaped Native American horses, which in turn were descended from horses of North African blood, brought to the New World by the Spanish c.1500. " Property Drill Program. M.P.H. Consulting Ltd., the "Mustang" program manager, has stated that drill crews are now mobilizing to the project site and it is expected that diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral will commence on a number of anomalous targets in the central and south western region that have been identified in 2 cluster groupings. The program is designed to test for the presence of diamond bearing kimberlitic structures as evidenced by the ongoing success of Ashton/Pure Gold/Alberta Energy's Buffalo Head Discovery some 36 miles to the northeast. Further information will be made available as it becomes available from the project manager (MPH). -0- The Alberta Stock Exchange nor any other regulatory body has reviewed this news release and therefore do not accept responsibility for the adequacy or accuracy of this release. CONTACT: Columbia Yukon Resources Ltd. Michael S. Gustavson, 604/683-3070 Toll-Free: 1-888-888-9122 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. , 1-888-888-9123 USA http://www.columbiayukon.com |
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