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INTERNATIONAL SKYLINE GOLD CORPORATION PRODUCTION UNDERWAY AND NEW RESERVES ADDED TO GEOLOGICAL INVENTORY

 VANCOUVER, British Columbia, Aug. 24 /PRNewswire/ -- Mr. Clifford A. Grandison, president and chief executive officer of International Skyline Gold Corporation, announced today that mining of the Johnny Mountain Mine Stonehouse deposit commenced Aug. 20, 1993. The initial target will be 20,000 tons of ore grading .508 ounces of recoverable gold per ton to be mined and delivered to the mill over the next 90 days.
 The mill is scheduled to commence operations on Sept. 16, 1993 and will operate for approximately 60 days and is forecast to produce approximately 10,000 ounces of gold at a cost of U.S. $233 per ounce.
 The 1993 underground exploration program for new reserves has been completed with 4,037 feet of drilling being undertaken. Assay results of drill core sampled to date will be combined with additional results not yet received to compile a new mineral inventory. Several high grade intersections have been identified which will result in some of the previously reported geological reserves being reclassified as mineable reserves and new reserves are being added to the geological inventory.
 Exploration results have also identified a possible new zone of mineralization that will require additional drilling for interpretation.
 Surface drilling of the Zephrin and 16 Zones is underway with this phase of the exploration program expected to be completed in two weeks. A trenching and sampling program already completed on the Zephrin has identified an area measuring 70 by 40 feet containing anomalous to ore grade material. This zone will be drilled to a depth of 150 feet.
 The Vancouver Stock Exchange has neither approved nor disapproved this news release.
 Listed: Toronto and Vancouver Stock Exchanges
 Symbol: ISC
 -0- 8/24/93
 /CONTACT: Clifford A. Grandison, president and chief executive officer of International Skyline Gold Corporation, 604-683-6865/


CO: International Skyline Gold Corporation ST: British Columbia IN: MNG SU:

WB -- NY044 -- 5456 08/24/93 12:44 EDT
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Publication:PR Newswire
Date:Aug 24, 1993
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