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PACIFIC SENTINEL GOLD CORP. AND CASINO SILVER MINES LTD.(N.P.L.) ANNOUNCE DELINEATION OF CASINO DEPOSIT SET TO COMMENCE

 VANCOUVER, British Columbia, March 3 /PRNewswire/ -- Pacific Sentinel Gold Corp. (NASDAQ: PSGVF; Vancouver: PSG.V) and Casino Silver Mines Ltd.(N.P.L.) (Vancouver: CSV.V) are pleased to announce that crew mobilization began today for a planned $7.2 million drill program at the Casino copper-gold-molybdenum Project, located in southern Yukon. Three drill rigs are currently on site with all rigs expected to be drilling around-the-clock by March 31. The 1993 program will fully delineate the entire Casino deposit area using regularly spaced large diameter (HQ) diamond core drilling. In addition, extensive geotechnical, metallurgical, environmental and socioeconomic programs will be completed. Archer, Cathro and Associates (1981) Ltd. has been retained as site manager for the 1993 program.
 The Casino deposit is among the largest, undeveloped bulk tonnage deposits of its kind in North America, with deposit limits yet to be defined. The ultimate size and grade of the Casino deposit will be determined by the 1993 drill program. In 1991, Archer, Cathro and Associates (1981) Ltd. calculated an initial mineral inventory for an area drilled in 1970. Based on 37,000 feet of small diameter (BQ) diamond drilling and 14,000 feet of 5-inch diameter rotary drilling, Archer, Cathro's initial mineral inventory was:
 Tons Cu MoS(2) Au Depth
 (Millions) Percent Percent (Opt) (feet)
 417 0.30 0.038 0.01 1000
 A coincident copper and gold soil geochemical anomaly which measures 7,000 feet north-south and 13,000 feet east-west extends outwards from the known deposit area.
 During 1992, a total of 15,500 feet of drilling was completed in 21 large diameter (HQ) holes in the central portion of the initial mineral inventory. Because of larger sample size and significantly better core recovery, results from 1992 drilling returned an average grade increase of 18 percent for copper, 15 percent for molybdenum, and 53 percent for gold when compared with 1970 drill results from the same area.
 The plan of arrangement between Pacific Sentinel Gold Corp. and Casino Silver Mines Ltd.(N.P.L.) is expected to close on or about March 4. The arrangement will make Casino a 100-percent-owned subsidiary of Pacific Sentinel and will bring together into a single corporate entity a 100-percent working interest in the Casino deposit. All necessary shareholder, judicial and securities regulatory approvals have been obtained. The terms of the arrangement are that the shareholders of Casino Silver Mines Ltd.(N.P.L.) are deemed to have transferred their Casino shares to Pacific Sentinel Gold Corp. for units of Pacific Sentinel Gold Corp. Pacific Sentinel will issue to the shareholders of Casino three units in its capital for each four Casino Silver Mines Ltd.(N.P.L.) shares transferred to Pacific Sentinel. Each unit will consist of a common share of Pacific Sentinel Gold Corp. and a non-transferrable share purchase warrant exercisable to acquire an additional share of Pacific Sentinel until May 31 at a price of $3.00 per share. The number of units issued will be 3,320,737. Casino shareholders should contact Montreal Trust Co. to tender their Casino share certificates and receive Pacific Sentinel units.
 The 1993 Casino program will be one of the largest development drill programs in Canada this year. Assay results will be released as they become available.
 -0- 3/3/93
 /CONTACT: Robert G. Hunter, chairman of Pacific Sentinel Gold Corp., 604-684-6365; or William Meyer, director of Casino Silver, 604-687-1117/
 (PSGVF PSG.V CSV.V)


CO: Pacific Sentinel Gold Corp; Casino Silver Mines Ltd. (N.P.L.) ST: British Columbia IN: MNG SU:

LS -- LA042 -- 2704 03/03/93 19:29 EST
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Date:Mar 3, 1993
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