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Corporate Update, Coleville Appoints Chairman & CEO.


CALGARY, Alberta--(BUSINESS WIRE)--Oct. 1, 1996--(Alberta Stock Exchange Alberta Stock Exchange

See Canadian Venture Exchange (CDNX).
:CLL CLL
abbr.
chronic lymphocytic leukemia


CLL,
n.pr See leukemia, chronic lymphocytic.

CLL 1. Chronic lymphocytic leukemia 2. Cholesterol-lowering lipid
) COLEVILLE RESOURCES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability . (CLL) trading on the Alberta Stock Exchange ("ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. "), is pleased to announce that Mr. R.A. Bruce McDonald of Noramco Capital, Vancouver, British Columbia British Columbia, province (2001 pop. 3,907,738), 366,255 sq mi (948,600 sq km), including 6,976 sq mi (18,068 sq km) of water surface, W Canada. Geography
, Canada, has agreed to serve as Chairman and Chief Executive Officer of the company. Mr. McDonald brings with him many years of senior mining and management expertise which will be employed in directing CLL's future development and direction.

Coleville is also pleased to announce that the engineering firm of Watts, Griffis and McOuat Limited, of Toronto, Ontario, Canada, has been retained to assist the company in its ongoing exploration and development/exploitation of its Ojalali and surrounding properties which are located in the Lampung Province, South Central Sumatra, Indonesia.

The above two actions are the first steps taken by Coleville's directors to achieve the company's requirement for additional expertise necessary to meet the specific management and directional needs, prerequisite pre·req·ui·site  
adj.
Required or necessary as a prior condition: Competence is prerequisite to promotion.

n.
 for it attaining the maximum effective yields of it's various opportunities in both Venezuela and Indonesia.

In a related matter, the company's management has submitted the geological reports and other related documentation in it's possession to the ASE, so that they may conduct their own independent review in order to confirm the accuracy of the results of the reports submitted to date.

Coleville looks forward to enjoying the benefits of having these new additions assisting them in their ongoing negotiations with the several potential joint venture partners currently being considered for the company's Ojalali Property in Sumatra.

Other than as stated above, there have been no other material changes at this time. -0- EDITOR'S NOTE Editor's Note (foaled in 1993 in Kentucky) is an American thoroughbred Stallion racehorse. He was sired by 1992 U.S. Champion 2 YO Colt Forty Niner, who in turn was a son of Champion sire Mr. Prospector and out of the mare, Beware Of The Cat.

Trained by D.
: The above release has neither been approved nor disapproved by the Alberta Stock Exchange.

CONTACT: COLEVILLE RESOURCES LTD.

Thomas E. Milley, 800/976-1122 or 604/327-9040
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:Oct 1, 1996
Words:298
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