Correction from Source Holmer Gold Mines Limited - Drilling on Timmins Gold Project - Drilling Underway - $304,500 Flow-Thru Financing.TORONTO--(BUSINESS WIRE)--Sept. 11, 1996--HOLMER GOLD MINES (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : HGM HGM Highly Gifted Magnet HGM Home Glucose Monitoring HGM Hemlo Gold Mines HGM Height Gain Model ) CORRECTION FROM SOURCE: In the news release transmitted earlier today (SEPTEMBER 11, 1996) for HOLMER GOLD MINES LIMITED an error occurred. There have been changes made to paragraphs two and three. The correct and complete news release follows. HOLMER GOLD MINES LIMITED is pleased to announce that drilling has commenced on the company's 100 percent owned Timmins gold property, which adjoins the Band-Ore gold discovery in the Timmins mining camp, northern Ontario Northern Ontario is the part of the province of Ontario which lies north of Lake Huron (including Georgian Bay), the French River and Lake Nipissing. Northern Ontario has a land area of 802,000 km² (310,000 mi²) and constitutes 87% of the land area of Ontario, although it . Holmer's Timmins property, covering the largest known gold deposit in the Timmins West area, has acquired significantly enhanced potential due to recent discoveries on adjoining properties to the east, south and west. Holmer geologists have re-interpreted the previous data on the property and recent detailed Induced Polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is (I.P.) and magnetic surveys in the central portion of the property have confirmed a favourable structure along which the gold mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. is localized. This favourable structure is over 1,600 metres long, open to both the east and west and remains largely untested. The current drilling program is designed to test the continuity of the gold mineralization and the I.P. anomalies
Anomalies is Cephalic Carnage's 4th full-length album. It was released on Relapse Records. The group expanded their sound even more than their previous album, Lucid Interval, and gained more popularity. identified by these recent surveys. Subject to regulatory approvals, the company has arranged a private placement, through Augen Capital, of 210,000 flow-thru shares at $1.45 each to raise gross proceeds of $304,500. The funds will be used for the current exploration programs on the Timmins gold project. Note - There is a map available by contacting the company at the number below. Also The Company's news releases and maps are now available through Canadian Corporate News' Internet Home Page: http://www.cdn-news.com -0- NOTE TO EDITORS: The Alberta Stock Exchange has neither approved nor disapproved the information contained herein. CONTACT: Holmer Gold Mines Limited, Toronto Jim Hitchie, 604/929-9694 800/246-9938 604/929-3694 (Fax) EMAIL See e-mail. : jhitchie@direct.ca or Holmer Gold Mines Limited K. Sethu Raman, 416/360-7773 |
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