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Columbia Yukon - Miller Pond - ML 1506 - Alliger Lake.


VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, British Columbia--(BUSINESS WIRE)--April 30, 1996-- Columbia Columbia, cities, United States
Columbia (kəlŭm`bēə).

1 City (1990 pop. 75,883), Howard co., central Md., between Washington, D.C., and Baltimore.
 Yukon Resources Ltd. is pleased to announce that the first of an anticipated six to eight initial diamond drill hole program (3,000 feet approximately) is now underway as of 2:05 p.m. local time today on ML 1506 in the Alliger Lake-Okak Bay region of Labrador.

The work planned will include drill testing of electromagnetic electromagnetic /elec·tro·mag·net·ic/ (-mag-net´ik) involving both electricity and magnetism.

electromagnetic

pertaining to or emanating from electromagnetism.
 conductors in the layered troctolite Troctolite is a rare ultramafic intrusive rock type. It consists essentially of variable amounts of olivine and calcic plagioclase along with variable minor pyroxene. It thus is midway between peridotite and anorthosite.  sequences identified in the 1995 Phase 1 field season.

Silverstone Resources Ltd. has the right to earn 50 percent interest in ML 1506, with Columbia Yukon Resources Ltd. being the operator.

ON BEHALF OF THE BOARD OF DIRECTORS

DOUGLAS L. MASON, DIRECTOR

The Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
 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 Limited

Douglas L. Mason

604/683-3070
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 30, 1996
Words:151
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