Consolidated Ramrod Gold Corp. - Winter drilling begins at Damoti Lake.VANCOUVER, B.C.--(BUSINESS WIRE)--Nov. 29, 1995--Consolidated Ramrod ram·rod n. 1. A rod used to force the charge into a muzzleloading firearm. 2. A rod used to clean the barrel of a firearm. 3. A harshly demanding overseer; a disciplinarian. tr.v. Gold Corp. is pleased to announce that drilling has commenced at the Damoti Lake property, located about 100 miles north of Yellowknife, N.W.T. A major winter drill program is planned, designed to target six zones known to host gold, and to drill to depth. The objectives of this program are to further define the high grade zones found in previous programs as well as to test some attractive new zones in order to initiate the expansion of the gold resource from a 600,000 ounce to a multi-million ounce resource. The first targets to be tested are the Red Mountain, Calf and Octopus zones on the South Peninsula. The former has been drilled and extensions are being sought along strike and down to the base of the iron formation which is known to extend to at least 700 feet depth. The latter zones have not been drilled to any extent in the past. Drilling will continue uninterrupted until the Christmas break. After the break drilling will be focused on extensions of favorable fa·vor·a·ble adj. 1. Advantageous; helpful: favorable winds. 2. Encouraging; propitious: a favorable diagnosis. 3. zones, both along strike and at depth in the areas of BIF BIF In currencies, this is the abbreviation for the Burundi Franc. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Island, Reef Island and North Island. CONSOLIDATED RAMROD GOLD CORPORATION Karl Rollke Chairman -0- The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on have neither approved nor disapproved of the contents of this press release. CONTACT: Consolidated Ramrod Gold Corp. Karl Rollke, 604/682-6477, 604/683-5912 (Fax) Toll Free: 1-800-663-8947 INDUSTRY KEYWORD: MINING REPEATS: New York New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of 212-575-8822 or 800-221-2462; Boston 617-236-4266 or 80 |
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