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International Molybdenum plc


RNS Number:4710G
Galahad Gold Plc
16 December 2004
                          GALAHAD GOLD PLC ("Galahad")
          Northern Dynasty Minerals Limited - Further Drilling Results
Galahad Gold PLC (AIM:GLA) confirms that Northern Dynasty Minerxals Limited (TSX
Venture: NDM; AMEX: NAK), in which Galahad holds 34.1% (33.0% fully diluted),
has announced the final assay results from NDM's 2004 drilling programme at the
Pebble gold-copper-molybdenum deposit in Southwest Alaska. The full news rexlease
from NDM (including the tabulated drilling results) is attached to the foot of
this announcement.
Commenting on this announcement, Ian Watson, Chairman of Galahad Gold plc said:
"The discovery in the 2004 programme of additional porphyry gxold-copper
mineralization is a further unexpected bonus for this significant project. We
are pleased to see that the detailed 2004 drilling results provide positive
confirmation of the geological model developed by NDM. We look forward to seeing
thex new independent resource estimate incorporating all the 2004 drill holes
when it is completed by an independent engineering company in the first quarter
of 2005."
Enquiries to:
GALAHAD GOLD PLC
Ian Watson/Alastair King                 Tel: 020 7x408 2002
PARKGREEN COMMUNICATIONS
Simon Robinson/Justine Howarth           Tel: 020 7493 3713
SEYMOUR PIERCE
Mark Percy/Jeremy Porter                 Tel: 020 7107 8000
Notes to Editors:
Galahad Gold plc is an international mining developmxent company quoted on the
AIM Market of the London Stock Exchange under the symbol GLA. It has three
current projects, all in politically safe locations:
      * 34.1% (33.0% fully diluted) of Northern Dynasty Minerals Limited the
        owner ofx the Pebble project in Alaska which contains the largest gold
        deposit in North America and the second largest copper deposit;
      * 100% of Skaergaard in Greenland, one of the largest palladium
        deposits outside South Africa and Russxia; and
      * 100% of Malmbjerg in Greenland, one of the largest primary molybdenum
        deposits in the world.
Galahad's attributable Inferred Mineral Resources:-
      * 20.12m ounces of gold;
      * 3m ounces of platinum;
      * 35.1xm ounces of palladium;
      * 8.74bn lbs of copper; and
      * 313.2m lbs of molybdenum
These figures exclude Malmbjerg's molybdenum and the extensive vanadium and
titanium deposits in Skaergaard.
Further information on Galahad may be found axt www.galahadgold.com
The announcement below was released by Northern Dynasty Minerals Limited 
("NDM"). Galahad Gold PLC has not sought to verify any of the contents of the 
press release below.
Northern Dynasty Drilling Successfully Delineatxing Pebble Gold-Copper-Molybdenum
Deposit
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Dec. 15, 2004) - Ronald W. Thiessen,
President and CEO of Northern Dynasty Minerals Ltd. (TSX VENTURE:NDM)(AMEX:NAK)
is pleased to announce assay results for allx core holes drilled during Northern
Dynasty's extensive 2004 drilling program at the Pebble gold-copper-molybdenum
deposit in southwest Alaska. This program of systematic core drilling was
designed to upgrade a significant portion of the Pebble deposxit's inferred
mineral resource to measured and indicated classifications and to determine the
deposit's full lateral and depth extent.
A complete tabulation of assay results from the 173 core holes (numbered 4136
through 4309) drilled during 2004 xalong with drill hole location maps, are
attached to this news release and posted at www.northerndynasty.com. These
results demonstrate and confirm the exceptional uniformity and continuity of
Pebble deposit mineralization, which occurs in a near-surxface configuration with
almost no internal waste over a broad area measuring at least 3 kilometres
east-west and 2 kilometres north-south. The detailed drilling results provide
positive confirmation of the geological model developed by Northern Dynasxty and
include numerous wide intervals with assay grades equal to or exceeding the
previous deposit average estimated by Norwest Corporation in February 2004. A
new independent resource estimate incorporating all 2004 drill holes, including
the new xEast Zone discovery holes which intercepted substantial higher-grade
gold-copper-molybdenum mineralization outside of the previous resource boundary
(see NDM news release dated November 29, 2004), will be completed by an
independent engineering compaxny in the first quarter of 2005.
Another highlight of the 2004 drilling program is the discovery of additional
porphyry gold-copper mineralization in a single hole drilled to test a 3.5
kilometre by 1.0 kilometre induced polarization geophysical anxomaly located 15
kilometres southwest of the Pebble deposit. Drill hole 4308 returned 0.44%
copper-equivalent over a 51.8 metre (170 feet) core length and demonstrates the
potential for discovery of significant additional gold-copper porphyry depositxs
within the Pebble sulphide system. The 89 square kilometre Pebble mineral
system, which is known to host several porphyry gold-copper deposits and
occurrences has been listed by the United States Geological Survey as the
world's most extensive sulxphide system.
Northern Dynasty's Cdn$33.5 million comprehensive 2004 work program is nearing
completion. The program was designed to collect detailed engineering,
environmental and socioeconomic data for completion in 2005 of a Feasibility
Study axnd permit applications for a long life, large-scale, open pit,
gold-copper-molybdenum mine. A recent Preliminary Assessment indicates that the
Pebble project could generate very attractive rates of return at production
rates of 100,000 to 200,000 tonxnes per day over a 30 to 60 year mine life.
An independent resource estimate prepared in early 2004 by Norwest Corporation,
an internationally recognized minerals industry consulting firm, established
Pebble as the largest deposit of contained goldx and the second largest deposit
of contained copper resources in North America, containing 26.5 million ounces
of gold and 16.5 billion pounds of copper within an Inferred Mineral Resource of
2.74 billion tonnes grading 0.55% copper-equivalent (0.30 xgrams gold per tonne,
0.27% copper and 0.015% molybdenum above a cut-off grade of 0.30%
copper-equivalent). The Norwest estimate included higher-grade resources of 435
million tonnes of 0.49 grams gold per tonne, 0.42% copper and 0.021% molybdenum,
xor 0.84% copper-equivalent above a cut-off grade of 0.70% copper-equivalent.
These higher-grade resources will facilitate rapid recovery of capital costs
during the early years of a large scale mining operation.
The Pebble deposit is located in an xarea of gentle terrain and moderate climate,
only 95 kilometres from ice-free tidewater in Cook Inlet. The State of Alaska's
Southwestern Transportation Plan includes a port and a road from Cook Inlet to
the town of Iliamna, located 25 km to the soutxheast of the Pebble deposit. The
Alaskan Department of Transportation and Public Facilities has commissioned
pre-feasibility level engineering studies along this transportation corridor,
with results expected in early 2005. Power requirements are likxely to be met by
connection to the Railbelt Transmission Grid, which services 75% of the Alaskan
population and produces 80% of the State's power or by an Independent Power
Producer's generator located adjacent to the project area.
Mark Rebagliatix, P.Eng., and Dr. Morris Beattie, P.Eng., are the Qualified
Persons for the Pebble Project and are supervising the quality control and
quality assurance program. Core logging and sampling are completed in Northern
Dynasty's secure facility at Iliamnax, Alaska. The NQ-size core is mechanically
split and samples are transported to the ALS Chemex laboratory in Fairbanks for
drying, weighing and crushing. Samples are shipped by airfreight to the main ALS
Chemex laboratory, North Vancouver, Canada (anx ISO 9002 certified laboratory)
for final preparation and analysis. Gold is determined by 30 g Fire Assay (FA)
fusion with an Atomic Absorption Spectroscopy (AAS) finish. Copper and
molybdenum assays are by four acid digestion with an Inductively Couxpled
Plasma-Emission Spectroscopy (ICP-ES) finish. All samples are also analyzed for
23 additional elements by four acid digestion ICP-ES. Northern Dynasty includes
standards, duplicates and blanks in addition to the laboratory's internal
quality coxntrol work. Duplicate samples are analyzed by Acme Analytical
Laboratories of Vancouver, Canada.
Northern Dynasty recently exercised its options to acquire an 80% interest in
the Resource Lands hosting most of the Pebble deposit and a minimum 40% ixnterest
in the surrounding Exploration Lands from Teck Cominco American Inc. Teck
Cominco has a 90 day right to form a 50-50 joint venture on the Exploration
Lands. Northern Dynasty also has a 90 period to elect to acquire the 20% carried
interest ixn the Pebble Project held by Hunter Dickinson Group Inc., a related
party, for share consideration equal to its independently appraised value. By
exercising all of its options, Northern Dynasty can acquire up to a 100%
interest in the Resource Lands x(with no back-in rights or royalty) and a minimum
50% interest in the surrounding Exploration Lands.
ON BEHALF OF THE BOARD OF DIRECTORS
Ronald W. Thiessen, President and CEO
No regulatory authority has approved or disapproved the information xcontained in
this news release.
Cautionary Note to U.S. Investors concerning Estimates of Inferred Resources
This news release uses the term 'inferred resources'. The Company advises U.S.
investors that while this term is recognized and required bxy Canadian
regulations (under National Instrument 43-101 Standards of Disclosure for
Mineral Projects), the U.S. Securities and Exchange Commission does not
recognize it. There is a great amount of uncertainty about the existence, and
economic and lxegal feasibility of 'inferred resources'. It cannot be assumed
that all or any part of an Inferred Mineral Resource will ever be upgraded to a
higher category. Under Canadian rules, estimates of Inferred Mineral Resources
may not form the basis of fexasibility or pre-feasibility studies, except in rare
cases. U.S. investors are cautioned not to assume that part or all of an
inferred resource exists, or is economically or legally mineable.
This release includes certain statements that may be deexmed "forward-looking
statements". All statements in this release, other than statements of historical
facts, that address future production, reserve potential, exploration drilling,
exploitation activities and events or developments that the Company xexpects are
forward-looking statements. Although the Company believes the expectations
expressed in such forward-looking statements are based on reasonable
assumptions, such statements are not guarantees of future performance and actual
results or dxevelopments may differ materially from those in the forward-looking
statements. Factors that could cause actual results to differ materially from
those in forward-looking statements include market prices, exploitation and
exploration successes, and cxontinued availability of capital and financing, and
general economic, market or business conditions. Investors are cautioned that
any such statements are not guarantees of future performance and actual results
or developments may differ materially frxom those projected in the
forward-looking statements. For more information on the Company, Investors
should review the Company's annual Form 20-F filing with the United States
Securities Commission and its home jurisdiction filings that are availablex at
www.sedar.com.
NORTHERN DYNASTY MINERALS LTD. - PEBBLE PROJECT
TABLE OF ASSAY RESULTS
--------------------------------------------------------------------
Drill                        Inter-   Inter-                    CuEQ
Hole        From x      To     cept     cept    Au    Cu     Mo    (1)
Number   (metres) (metres) (metres)   (feet)  g/t     %      %     %
--------------------------------------------------------------------
4136       149.4    313.9    164.6      540  0.40  0.42  0.x020  0.79
--------------------------------------------------------------------
4136 Incl. 234.7    301.8     67.1      220  0.59  0.48  0.020  0.97
--------------------------------------------------------------------
4137        32.0    381.6    349x.6     1147  0.39  0.36  0.022  0.73
--------------------------------------------------------------------
4137 Incl. 166.7    310.0    143.3      470  0.54  0.52  0.028  1.02
--------------------------------------------------------------------
4138 x       39.6    303.9    264.3      867  0.42  0.31  0.023  0.71
--------------------------------------------------------------------
4138 Incl. 114.0    194.8     80.8      265  0.68  0.42  0.029  1.01
------------------------------------------------x--------------------
4139        25.6    154.8    129.2      424  0.51  0.42  0.014  0.83
--------------------------------------------------------------------
4140         6.1    200.3    194.2      637  0.37  0.30  0.014  0.62
---------------------x-----------------------------------------------
4140 Incl.  87.5    162.8     75.3      247  0.52  0.36  0.014  0.77
--------------------------------------------------------------------
4141        28.0     44.8     16.8       55  1.96  0.03  0.001  x1.28
--------------------------------------------------------------------
4141        142.3   163.7     21.3       70  1.28  0.10  0.002  0.93
--------------------------------------------------------------------
4141        266.1   325.8     59.7   x   196  0.43  0.37  0.015  0.73
--------------------------------------------------------------------
4142         24.4   283.2    258.8      849  0.68  0.44  0.019  0.98
--------------------------------------------------------------------
4142 Incl.x   24.4    45.4     21.0       69  0.50  0.61  0.044  1.18
--------------------------------------------------------------------
4142 Incl.  130.8   234.4    103.6      340  1.11  0.52  0.018  1.33
-----------------------------------------------------x---------------
4143         24.1    54.6     30.5      100  0.32  0.31  0.015  0.60
--------------------------------------------------------------------
4143        134.1   197.8     63.7      209  0.40  0.36  0.018  0.71
--------------------------x------------------------------------------
4143        231.7   258.8     27.1       89  0.33  0.35  0.034  0.75
--------------------------------------------------------------------
4144        157.0   292.3    135.3      444  0.37  0.34  0.019  0.68
x
--------------------------------------------------------------------
4144 Incl.  222.2   292.3     70.1      230  0.50  0.42  0.025  0.88
--------------------------------------------------------------------
4145         21.0   280.1    259.1      85x0  0.68  0.55  0.037  1.20
--------------------------------------------------------------------
4145 Incl.   85.0   249.6    164.6      540  0.88  0.69  0.050  1.54
--------------------------------------------------------------------
4145 Incl.  106x.4   249.6    143.3      470  0.93  0.74  0.053  1.63
--------------------------------------------------------------------
4146         29.3   142.7    113.4      372  0.45  0.34  0.018  0.72
----------------------------------------------------------x----------
4146 Incl.   69.5   142.7     73.2      240  0.46  0.38  0.022  0.80
--------------------------------------------------------------------
4147         24.1   185.6    161.5      530  0.80  0.40  0.010  0.96
-------------------------------x-------------------------------------
4147 Incl.   60.7   161.2    100.6      330  0.99  0.42  0.011  1.11
--------------------------------------------------------------------
4148         18.3    78.9     60.7      199  0.46  0.38  0.019  0.78
----x----------------------------------------------------------------
4148 Incl.   18.3    51.5     33.2      109  0.50  0.43  0.025  0.88
--------------------------------------------------------------------
4148        179.5   213.1     33.5      110  0.x36  0.38  0.010  0.66
--------------------------------------------------------------------
4149        171.6   473.4    301.8      990  0.49  0.46  0.026  0.92
--------------------------------------------------------------------
4149 Incl.  171.6   x407.8    236.2      775  0.54  0.51  0.027  1.01
--------------------------------------------------------------------
4150         39.3    60.7     21.3       70  0.54  0.32  0.008  0.71
---------------------------------------------------------------x-----
4150         88.1   241.1    153.0      502  0.42  0.32  0.014  0.67
--------------------------------------------------------------------
4151         48.5    78.9     30.5      100  0.27  0.25  0.013  0.50
------------------------------------x--------------------------------
4152         48.5    78.9     30.5      100  0.30  0.19  0.010  0.44
--------------------------------------------------------------------
4153         72.5   261.5    189.0      620  0.30  0.27  0.013  0.54
---------x-----------------------------------------------------------
4153 Incl.   72.5    93.9     21.3       70  0.56  0.36  0.010  0.78
--------------------------------------------------------------------
4154         24.1    66.8     42.7      140  0.60  0x.21  0.001  0.60
--------------------------------------------------------------------
4154        208.3   289.3     80.9      266  0.33  0.39  0.015  0.68
--------------------------------------------------------------------
4155        185.6   310.6x    125.0      410  0.42  0.46  0.018  0.83
--------------------------------------------------------------------
4156 Anomalous results, 0.35% CuEQ over hole length of 117 feet.
--------------------------------------------------------------------
41x57 Anomalous results, 0.22% CuEQ over hole length of 150 feet.
--------------------------------------------------------------------
4158        127.7   155.1     27.4       90  0.58  0.24  0.008  0.65
-------------------------------------------------x-------------------
4158        225.6   310.6     85.0      279  0.63  0.42  0.009  0.88
--------------------------------------------------------------------
4159 Anomalous results, 0.27% CuEQ, over hole length of 124 feet.
-------------------------x-------------------------------------------
4160         75.3   105.2     29.9       98  0.47  0.29  0.005  0.62
--------------------------------------------------------------------
4161         48.5    85.8     37.3      123  0.52  0.33  0.010  0.72x
--------------------------------------------------------------------
4161        167.3   205.1     37.8      124  0.51  0.35  0.009  0.72
--------------------------------------------------------------------
4162         39.3   143.0    103.6      3x40  0.56  0.29  0.018  0.75
--------------------------------------------------------------------
4162        152.1   216.1     64.0      210  0.32  0.28  0.019  0.60
--------------------------------------------------------------------
4163         2x2.6   212.8    190.2      624  0.42  0.30  0.011  0.63
--------------------------------------------------------------------
4164         39.6   185.4    145.8      478  0.38  0.29  0.018  0.63
---------------------------------------------------------x-----------
4164        229.3   271.0     41.7      137  0.27  0.33  0.011  0.57
--------------------------------------------------------------------
4165         25.5   330.7    305.3     1002  0.48  0.32  0.015  0.71
------------------------------x--------------------------------------
4165 Incl.   25.5    57.9     32.5      107  0.43  0.45  0.011  0.78
--------------------------------------------------------------------
4165 Incl.  266.7   330.7     64.0      210  0.75  0.30  0.014  0.85
---x-----------------------------------------------------------------
4166         15.2   118.6    103.3      339  0.63  0.37  0.007  0.81
--------------------------------------------------------------------
4167 Anomalous results, 0.28% CuEQ over hole lxength of 899 feet.
--------------------------------------------------------------------
4168         36.3   197.8    161.5      530  0.46  0.29  0.006  0.62
--------------------------------------------------------------------
4169         27.7   228x.3    200.6      658  0.48  0.32  0.014  0.70
--------------------------------------------------------------------
4169 Incl.  143.0   213.1     70.1      230  0.58  0.36  0.018  0.83
------------------------------------------------------------------x--
4170         21.0   161.2    140.2      460  0.41  0.31  0.006  0.61
--------------------------------------------------------------------
4170 Incl.  127.3   161.2     34.0      112  0.46  0.39  0.010  0.73
---------------------------------------x-----------------------------
4171        136.9   286.2    149.4      490  0.25  0.28  0.009  0.50
--------------------------------------------------------------------
4172         63.1   289.9    226.8      744  0.67  0.34  0.010  0.83
------------x--------------------------------------------------------
4172 Incl.   63.1   207.0    143.9      472  0.85  0.38  0.011  0.98
--------------------------------------------------------------------
4173        104.9   182.3     77.4      254  0.48  0.40x  0.016  0.79
--------------------------------------------------------------------
4174 Abandoned, no core, redrilled as 4177.
--------------------------------------------------------------------
4175        145.5   214.3     68.7      226  0.23  0.x29  0.023  0.56
--------------------------------------------------------------------
4175        145.5   162.5     16.9       56  0.31  0.39  0.022  0.71
--------------------------------------------------------------------
4175        255.4   295.1 x    39.6      130  0.25  0.33  0.029  0.65
--------------------------------------------------------------------
4176        132.6   207.0     74.4      244  0.35  0.35  0.007  0.61
--------------------------------------------------------------------
x
4177         83.5   134.7     51.3      168  0.48  0.29  0.011  0.66
--------------------------------------------------------------------
4178         21.3   330.1    308.8     1013  0.26  0.31  0.019  0.58
------------------------------------------x--------------------------
4178 Incl.   48.5   124.7     76.2      250  0.38  0.38  0.020  0.73
--------------------------------------------------------------------
4179         30.2    57.6     27.4       90  0.41  0.36  0.011  0.68
---------------x-----------------------------------------------------
4180        124.7   216.1     91.4      300  0.45  0.34  0.011  0.69
--------------------------------------------------------------------
4181        163.7   274.0    110.3      362  0.75  0.33  0x.022  0.93
--------------------------------------------------------------------
4182         24.4   307.2    282.9      928  0.39  0.41  0.031  0.83
--------------------------------------------------------------------
4182 Incl.  196.6   285.9     8x9.3      293  0.43  0.49  0.047  1.03
--------------------------------------------------------------------
4183         91.1   191.7    100.6      330  0.48  0.26  0.006  0.60
--------------------------------------------------------------------
4184x         30.5   216.1    185.6      609  0.28  0.31  0.027  0.64
--------------------------------------------------------------------
4184 Incl.   30.5   115.5     85.0      279  0.33  0.37  0.025  0.72
-----------------------------------------------x---------------------
4185         33.5   179.5    146.0      479  0.37  0.30  0.006  0.57
--------------------------------------------------------------------
4186         28.7   151.8    123.1      404  0.40  0.51  0.035  0.96
--------------------x------------------------------------------------
4186 Incl.   82.0   133.2     51.2      168  0.54  0.60  0.044  1.19
--------------------------------------------------------------------
4187         31.1   170.7    139.6      458  0.39  0.61  0.057 x 1.19
--------------------------------------------------------------------
4187 Incl.   42.7   118.9     76.2      250  0.47  0.86  0.063  1.51
--------------------------------------------------------------------
4188        181.5   426.4    244.9  x    804  0.55  0.47  0.031  1.00
--------------------------------------------------------------------
4188 Incl.  216.1   368.5    152.4      500  0.65  0.57  0.032  1.16
--------------------------------------------------------------------
4189     x    12.2   296.9    284.7      934  0.34  0.39  0.025  0.75
--------------------------------------------------------------------
4189 Incl.   12.2    76.5     64.3      211  0.73  0.81  0.081  1.73
----------------------------------------------------x----------------
4190         12.5    96.9     84.4      277  0.55  0.42  0.023  0.90
--------------------------------------------------------------------
4191         57.3   118.3     61.0      200  0.43  0.33  0.009  0.66
-------------------------x-------------------------------------------
4192        103.3   122.6     19.3       63  0.47  0.36  0.022  0.78
--------------------------------------------------------------------
4193         69.8   128.9     59.1      194  0.54  0.30  0.009  0.70x
--------------------------------------------------------------------
4194         18.0    64.9     46.9      154  0.72  0.51  0.011  1.04
--------------------------------------------------------------------
4194         64.9   320.0    255.1      8x37  0.22  0.27  0.018  0.51
--------------------------------------------------------------------
4194 Incl.  277.1   320.0     43.0      141  0.36  0.36  0.027  0.74
--------------------------------------------------------------------
4195         3x0.2   112.5     82.3      270  0.33  0.34  0.028  0.71
--------------------------------------------------------------------
4196         36.3   249.6    213.4      700  0.45  0.47  0.014  0.84
---------------------------------------------------------x-----------
4196 Incl.   66.8   249.6    182.9      600  0.48  0.49  0.015  0.88
--------------------------------------------------------------------
4196 Incl.  144.8   188.7     43.9      144  0.61  0.63  0.015  1.09
------------------------------x--------------------------------------
4197         18.0    45.2     27.2       89  0.50  0.34  0.004  0.69
--------------------------------------------------------------------
4197         79.6   228.3    148.7      488  0.27  0.31  0.011  0.55
---x-----------------------------------------------------------------
4198         38.4   106.4     68.0      223  0.40  0.45  0.013  0.78
--------------------------------------------------------------------
4198        121.0   154.2     33.2      109  0x.24  0.40  0.014  0.63
--------------------------------------------------------------------
4198        204.2   286.2     82.0      269  0.31  0.40  0.013  0.67
--------------------------------------------------------------------
4199         25.3  x  37.5     12.2       40  0.47  0.39  0.003  0.70
--------------------------------------------------------------------
4199         53.2   199.5    146.3      480  0.48  0.48  0.011  0.85
--------------------------------------------------------------x------
4199 Incl.   96.0   148.3     52.3      172  0.65  0.65  0.013  1.13
--------------------------------------------------------------------
4200         23.3   264.9    241.6      793  0.31  0.34  0.012  0.60
-----------------------------------x---------------------------------
4200 Incl.  216.1   264.9     48.8      160  0.40  0.49  0.009  0.80
--------------------------------------------------------------------
4201         39.6   128.0     88.4      290  0.26  0.41  0.029  0.74
--------x------------------------------------------------------------
4201 Incl.   42.7    73.2     30.5      100  0.29  0.55  0.026  0.87
--------------------------------------------------------------------
4202         51.8   221.9    170.1      558  0.21  x0.35  0.027  0.64
--------------------------------------------------------------------
4202 Incl.   51.8    81.4     29.6       97  0.21  0.53  0.031  0.84
--------------------------------------------------------------------
4203         17.7   109.x1     91.4      300  0.41  0.51  0.067  1.15
--------------------------------------------------------------------
4203        133.5   182.3     48.8      160  0.24  0.41  0.032  0.74
-------------------------------------------------------------------x-
4204         28.4   200.0    171.6      563  0.39  0.53  0.039  1.01
--------------------------------------------------------------------
4204 Incl.   28.4   135.9    107.6      353  0.49  0.68  0.035  1.19
----------------------------------------x----------------------------
4205         17.7   310.3    289.6      950  0.39  0.36  0.016  0.70
--------------------------------------------------------------------
4205 Incl.   44.8    78.6     33.8      111  0.45  0.48  0.012  0.83
-------------x-------------------------------------------------------
4205 Incl.  197.2   231.0     33.8      111  0.44  0.46  0.022  0.86
--------------------------------------------------------------------
4206         65.8   189.9    124.1      407  0.46  0.36 x 0.017  0.75
--------------------------------------------------------------------
4206 Incl.   74.1   104.6     30.5      100  0.54  0.40  0.015  0.83
--------------------------------------------------------------------
4206 Incl.  159.4   189.9    x 30.5      100  0.46  0.41  0.021  0.82
--------------------------------------------------------------------
4207         33.7   395.6    362.0     1188  0.32  0.41  0.016  0.71
--------------------------------------------------------------------
42x07 Incl.   55.6   107.6     52.0      171  0.51  0.51  0.014  0.91
--------------------------------------------------------------------
4207 Incl.  122.5   167.0     44.5      146  0.49  0.56  0.013  0.94
---------------------------------------------x-----------------------
4208         14.3   337.4    323.1     1060  0.43  0.26  0.008  0.58
--------------------------------------------------------------------
4208 Incl.   14.3   191.1    176.8      580  0.43  0.27  0.009  0.60
------------------x--------------------------------------------------
4208 Incl.   14.3   127.1    112.8      370  0.45  0.29  0.008  0.62
--------------------------------------------------------------------
4209 Anomalous results, 0.41% CuEQ over hole length of 931.5 xfeet.
--------------------------------------------------------------------
4210        184.7   368.2    183.5      602  0.43  0.53  0.018  0.90
--------------------------------------------------------------------
4210 Incl.  184.7   282.9     98.2  x    322  0.51  0.65  0.021  1.09
--------------------------------------------------------------------
4211         27.1    97.2     70.1      230  0.51  0.27  0.012  0.67
--------------------------------------------------------------------
4211 Inclx.   63.7    97.2     33.5      110  0.59  0.33  0.012  0.77
--------------------------------------------------------------------
4212         11.9   166.1    154.2      506  0.45  0.37  0.012  0.72
----------------------------------------------------x----------------
4212 Incl.   11.9    30.2     18.3       60  0.68  0.54  0.005  1.00
--------------------------------------------------------------------
4213         12.5    23.5     11.0       36  0.58  0.46  0.011  0.89
-------------------------x-------------------------------------------
4213         60.7   133.8     73.2      240  0.32  0.29  0.021  0.61
--------------------------------------------------------------------
4214          7.9   310.6    302.7      993  0.29  0.31  0.024  0.63x
--------------------------------------------------------------------
4214          7.9    60.7     52.7      173  0.45  0.55  0.038  1.06
--------------------------------------------------------------------
4215         39.3   146.0    106.7      3x50  0.26  0.27  0.022  0.56
--------------------------------------------------------------------
4216          9.1   286.2    277.1      909  0.31  0.28  0.020  0.60
--------------------------------------------------------------------
4216 Incl.    x9.1    79.6     70.4      231  0.45  0.34  0.017  0.72
--------------------------------------------------------------------
4216 Incl.  225.3   286.2     61.0      200  0.31  0.33  0.030  0.70
---------------------------------------------------------x-----------
4217          9.1   210.0    200.9      659  0.29  0.34  0.015  0.61
--------------------------------------------------------------------
4217 Incl.    9.1    86.3     77.1      253  0.42  0.42  0.015  0.78
------------------------------x--------------------------------------
4218         18.3    57.8     39.5      130  1.24  0.64  0.008  1.48
--------------------------------------------------------------------
4218        165.2   231.3     66.1      217  0.32  0.39  0.019  0.70
---x-----------------------------------------------------------------
4219         11.9   289.3    277.4      910  0.30  0.36  0.013  0.62
--------------------------------------------------------------------
4219 Incl.   14.9    48.2     33.2      109  0x.43  0.47  0.012  0.81
--------------------------------------------------------------------
4219 Incl.  200.3   271.6     71.3      234  0.30  0.51  0.017  0.79
--------------------------------------------------------------------
4220         30.2  x 277.1    246.9      810  0.45  0.50  0.021  0.91
--------------------------------------------------------------------
4220 Incl.   30.2   216.1    185.9      610  0.48  0.54  0.022  0.98
--------------------------------------------------------------x------
4221         17.7   261.5    243.8      800  0.43  0.56  0.028  0.99
--------------------------------------------------------------------
4221 Incl.   17.7   185.3    167.6      550  0.50  0.64  0.030  1.13
-----------------------------------x---------------------------------
4222         23.8   185.9    162.2      532  0.36  0.57  0.047  1.06
--------------------------------------------------------------------
4222 Incl.   23.8   100.0     76.2      250  0.48  0.86  0.033  1.35
--------x------------------------------------------------------------
4223         32.9   123.4     90.5      297  0.28  0.34  0.040  0.74
--------------------------------------------------------------------
4223 Incl.   45.1    72.5     27.4       90  0.38  x0.55  0.074  1.21
--------------------------------------------------------------------
4224 Anomalous results, 0.11% CuEQ over hole length of 120 feet.
--------------------------------------------------------------------
4225 Anomalous results, 0.29x% CuEQ over hole length of 370 feet.
--------------------------------------------------------------------
4226          6.1    26.7     20.6       68  0.34  0.48  0.011  0.75
--------------------------------------------------------------------
4226 x        66.8   130.8     64.0      210  0.37  0.35  0.009  0.64
--------------------------------------------------------------------
4226        188.7   274.0     85.3      280  0.47  0.45  0.015  0.84
------------------------------------------------x--------------------
4226 Incl.  216.1   274.0     57.9      190  0.55  0.51  0.017  0.95
--------------------------------------------------------------------
4227          9.1    84.3     75.1      247  0.58  0.40  0.012  0.84
---------------------x-----------------------------------------------
4228         10.1    33.8     23.8       78  0.64  0.68  0.008  1.13
--------------------------------------------------------------------
4229         29.6   213.1    183.5      602  0.33  0.38  0.013  x0.67
--------------------------------------------------------------------
4229 Incl.   36.1   146.0    109.9      361  0.40  0.42  0.014  0.75
--------------------------------------------------------------------
4230          9.1    42.4     33.2   x   109  0.57  0.47  0.009  0.88
--------------------------------------------------------------------
4230         56.1    80.5     21.6       71  0.73  0.39  0.015  0.94
--------------------------------------------------------------------
4230      x  130.8   219.2     88.4      290  0.30  0.34  0.023  0.66
--------------------------------------------------------------------
4230        249.6   299.6     50.0      164  0.34  0.41  0.012  0.69
-----------------------------------------------------x---------------
4231          6.4   103.3     96.9      318  0.43  0.44  0.026  0.86
--------------------------------------------------------------------
4231 Incl.    6.4    75.9     69.5      228  0.52  0.51  0.021  0.96
--------------------------x------------------------------------------
4231        146.0   225.3     79.3      260  0.35  0.34  0.020  0.68
--------------------------------------------------------------------
4232         11.9   109.4     97.5      320  0.45  0.26  0.013  0.62
x
--------------------------------------------------------------------
4232        179.5   280.1    100.6      330  0.61  0.41  0.015  0.89
--------------------------------------------------------------------
4233          4.6    18.0     13.4       4x4  0.45  0.47  0.016  0.84
--------------------------------------------------------------------
4233         48.5    69.8     21.3       70  0.56  0.48  0.018  0.94
--------------------------------------------------------------------
4233         88x.1   108.7     20.6       68  0.68  0.38  0.008  0.85
--------------------------------------------------------------------
4234         18.3   152.1    133.8      439  0.62  0.37  0.007  0.81
----------------------------------------------------------x----------
4234 Incl.   18.3    45.4     27.1       89  0.73  0.49  0.006  0.98
--------------------------------------------------------------------
4234 Incl.   91.4   152.1     60.7      199  0.83  0.35  0.008  0.92
-------------------------------x-------------------------------------
4235         51.5    89.3     37.8      124  0.27  0.38  0.006  0.59
--------------------------------------------------------------------
4236          9.1   249.6    240.5      789  0.41  0.33  0.011  0.66
----x----------------------------------------------------------------
4236         71.6   115.5     43.9      144  0.72  0.37  0.009  0.89
--------------------------------------------------------------------
4237          7.3    78.9     71.6      235  0.x36  0.35  0.014  0.67
--------------------------------------------------------------------
4238          6.7   267.9    261.2      857  0.36  0.32  0.022  0.67
--------------------------------------------------------------------
4238         63.7   x 91.1     27.4       90  0.58  0.41  0.018  0.88
--------------------------------------------------------------------
4238        228.3   255.7     27.4       90  0.46  0.42  0.044  0.97
---------------------------------------------------------------x-----
4239         13.7   149.1    135.3      444  0.48  0.34  0.020  0.76
--------------------------------------------------------------------
4239 Incl.   13.7    36.3     22.6       74  0.63  0.38  0.009  0.83
------------------------------------x--------------------------------
4239 Incl.   45.4    83.8     38.4      126  0.74  0.43  0.024  1.03
--------------------------------------------------------------------
4240          9.1   109.4    100.3      329  0.45  0.39  0.014  0.75
---------x-----------------------------------------------------------
4240 Incl.    9.1    78.9     69.8      229  0.53  0.45  0.015  0.87
--------------------------------------------------------------------
4241 Anomalous results, 0.06% CuEQ over hole length xof 349 feet.
--------------------------------------------------------------------
4242 Anomalous results, 0.18% CuEQ over hole length of 669 feet.
--------------------------------------------------------------------
4243 Anomalous results, 0.19% CuExQ over hole length of 399 feet.
--------------------------------------------------------------------
4244         27.1   182.6    155.5      510  0.37  0.40  0.018  0.73
--------------------------------------------------------------------
4244 Incl.x   60.7   182.6    121.9      400  0.33  0.45  0.019  0.76
--------------------------------------------------------------------
4244 Incl.  152.1   182.6     30.5      100  0.44  0.59  0.016  0.96
-----------------------------------------------------x---------------
4245         36.3   115.5     79.3      260  0.31  0.38  0.020  0.69
--------------------------------------------------------------------
4245 Incl.   36.3    75.9     39.6      130  0.37  0.43  0.023  0.79
--------------------------x------------------------------------------
4246 Anomalous results, 0.26% CuEQ over hole length of 652 feet.
--------------------------------------------------------------------
4247 Anomalous results, 0.12% CuEQ over hole length of 489 feet.
-------x-------------------------------------------------------------
4248         81.7    89.9      8.2      27  0.44  0.41  0.021  0.81
--------------------------------------------------------------------
4249 Anomalous results, 0.18% CuEQ over hole lengthx of 664 feet.
--------------------------------------------------------------------
4250        261.8   304.2     42.4      139  0.62  0.43  0.010  0.89
--------------------------------------------------------------------
4251        213.4   282.9   x  69.5      228  0.33  0.32  0.007  0.57
--------------------------------------------------------------------
4252 Anomalous results, 0.29% CuEQ over hole length of 409 feet.
--------------------------------------------------------------------
4253 x        84.4   127.7     43.3      142  0.12  0.40  0.004  0.50
--------------------------------------------------------------------
4254         12.2   170.4    158.2      519  0.35  0.30  0.023  0.66
------------------------------------------------x--------------------
4254 Incl.   12.2   100.3     88.1      289  0.40  0.32  0.026  0.72
--------------------------------------------------------------------
4255         39.3    57.6     18.3       60  0.55  0.17  0.002  0.53
---------------------x-----------------------------------------------
4256          8.8    36.3     27.4       90  0.48  0.36  0.008  0.71
--------------------------------------------------------------------
4256         45.4    88.1     42.7      140  0.33  0.29  0.013  x0.57
--------------------------------------------------------------------
4256        108.5   152.1     43.6      143  0.30  0.29  0.026  0.63
--------------------------------------------------------------------
4257          6.1   103.3     97.2   x   319  0.47  0.36  0.018  0.75
--------------------------------------------------------------------
4257 Incl.   36.3    78.9     42.7      140  0.56  0.34  0.019  0.81
--------------------------------------------------------------------
4258      x   12.8   139.9    127.1      417  0.47  0.31  0.015  0.69
--------------------------------------------------------------------
4258 Incl.   12.8    91.1     78.3      257  0.61  0.35  0.016  0.83
-----------------------------------------------------x---------------
4258 Incl.   33.8    57.6     23.8       78  1.09  0.47  0.011  1.23
--------------------------------------------------------------------
4259          9.1   213.1    203.9      669  0.25  0.28  0.019  0.54
--------------------------x------------------------------------------
4259 Incl.    9.1    27.1     18.0       59  0.29  0.45  0.015  0.72
--------------------------------------------------------------------
4260         33.2   155.1    121.9      400  0.52  0.22  0.009  0.60
x
--------------------------------------------------------------------
4260 Incl.  103.3   115.5     12.2       40  0.68  0.33  0.014  0.84
--------------------------------------------------------------------
4260 Incl.  146.0   155.1      9.1       3x0  0.78  0.44  0.020  1.05
--------------------------------------------------------------------
4261         10.1    27.1     17.1       56  0.31  0.43  0.011  0.69
--------------------------------------------------------------------
4261         54x.6    88.1     33.5      110  0.31  0.38  0.020  0.69
--------------------------------------------------------------------
4262         11.9   213.1    198.4      651  0.43  0.28  0.019  0.66
----------------------------------------------------------x----------
4262 Incl.   75.6    94.2     18.6       61  0.88  0.31  0.027  1.02
--------------------------------------------------------------------
4263         30.8   201.2    170.4      559  0.33  0.41  0.050  0.90
-------------------------------x-------------------------------------
4263 Incl.   30.8   159.7    128.9      423  0.35  0.46  0.058  1.00
--------------------------------------------------------------------
4264         12.5    41.2     28.7       94  0.67  0.24  0.014  0.74
----x----------------------------------------------------------------
4265        103.3   202.4     98.8      324  0.80  0.40  0.019  1.01
--------------------------------------------------------------------
4265 Incl.  162.5   202.4     39.9      131  1.x01  0.61  0.023  1.39
--------------------------------------------------------------------
4266         25.6   111.0     85.3      280  0.50  0.34  0.014  0.74
--------------------------------------------------------------------
4267         31.9   x202.7    170.8      561  0.27  0.52  0.020  0.81
--------------------------------------------------------------------
4267 Incl.   41.2   115.5     74.4      244  0.29  0.60  0.017  0.88
---------------------------------------------------------------x-----
4268 Anomalous results, 0.42% CuEQ over hole length of 272 feet.
--------------------------------------------------------------------
4269         14.0   202.4    188.4      618  0.35  0.38  0.030  0.77
----------------------------------------x----------------------------
4269 Incl.   14.0    82.1     68.1      224  0.58  0.60  0.033  1.15
--------------------------------------------------------------------
4270         17.4   245.4    228.0      748  0.47  0.50  0.022  0.93
-------------x-------------------------------------------------------
4270 Incl.   17.4   151.3    134.0      440  0.57  0.57  0.023  1.06
--------------------------------------------------------------------
4271          6.4   152.4    146.0      479  0.88  0.70 x 0.013  1.34
--------------------------------------------------------------------
4272        124.7   188.7     64.0      210  0.42  0.23  0.013  0.57
--------------------------------------------------------------------
4273 Anomalous results, 0.34%x CuEQ over hole length of 889 feet.
--------------------------------------------------------------------
4274 Anomalous results, 0.18% CuEQ over hole length of 936 feet.
--------------------------------------------------------------------
4275      x    5.5   174.5    338.0     1109  0.30  0.29  0.019  0.59
--------------------------------------------------------------------
4275 Incl.    5.5    85.3    159.7      524  0.34  0.34  0.014  0.64
-----------------------------------------------------x---------------
4275        263.7   306.3     85.3      280  0.29  0.36  0.031  0.72
--------------------------------------------------------------------
4276          4.6   201.2    196.6      645  0.37  0.37  0.018  0.70
--------------------------x------------------------------------------
4276 Incl.    4.6    94.5     89.9      295  0.45  0.48  0.022  0.88
--------------------------------------------------------------------
4277         91.4   291.4    200.0      656  0.39  0.41  0.025  0.80
x
--------------------------------------------------------------------
4277 Incl.   91.4   134.1     42.7      140  0.62  0.34  0.044  0.98
--------------------------------------------------------------------
4277 Incl.  200.0   291.4     91.4      30x0  0.40  0.54  0.025  0.93
--------------------------------------------------------------------
4278         45.4   109.4     64.0      210  0.56  0.25  0.008  0.65
--------------------------------------------------------------------
4278        141x.1   249.6    108.5      356  0.43  0.29  0.019  0.67
--------------------------------------------------------------------
4279          7.6   146.0    138.4      454  0.33  0.34  0.019  0.66
----------------------------------------------------------x----------
4279 Incl.   24.1    69.8     45.7      150  0.43  0.44  0.019  0.82
--------------------------------------------------------------------
4280         10.7   191.7    178.0      584  0.36  0.26  0.013  0.56
-------------------------------x-------------------------------------
4280 Incl.   18.0    73.5     55.5      182  0.53  0.35  0.010  0.75
--------------------------------------------------------------------
4281         33.2   115.5     82.3      270  0.44  0.25  0.008  0.57
----x----------------------------------------------------------------
4281 Incl.   33.2    57.0     23.8       78  0.58  0.31  0.006  0.71
--------------------------------------------------------------------
4282         51.5    77.3     25.8       85  0.x33  0.34  0.015  0.63
--------------------------------------------------------------------
4283 Anomalous results, 0.36% CuEQ over hole length of 1909 feet.
--------------------------------------------------------------------
4284        248.0   566x.6    318.7     1046  0.46  0.46  0.019  0.86
--------------------------------------------------------------------
4284 Incl.  248.0   399.0    151.0      496  0.64  0.56  0.020  1.08
------------------------------------------------------------------x--
4285          6.1    41.5     35.4      116  0.70  0.31  0.002  0.77
--------------------------------------------------------------------
4286         63.7   131.1     67.4      221  0.44  0.32  0.005  0.63
---------------------------------------x-----------------------------
4286        219.5   281.6     62.2      204  0.28  0.39  0.015  0.65
--------------------------------------------------------------------
4287         45.4   237.4    192.0      630  0.29  0.46  0.052  0.94
------------x--------------------------------------------------------
4287 Incl.   45.4    87.8     42.4      139  0.51  0.81  0.052  1.42
--------------------------------------------------------------------
4288         17.4   266.4    249.0      817  0.51  0.38x  0.015  0.78
--------------------------------------------------------------------
4288 Incl.  164.3   266.4    102.1      335  0.54  0.46  0.016  0.89
--------------------------------------------------------------------
4289         15.2    27.1   x  11.9       39  0.58  0.37  0.007  0.78
--------------------------------------------------------------------
4289         42.4   112.5     69.8      229  0.44  0.27  0.016  0.64
--------------------------------------------------------------------
4x289        210.0   300.8     90.8      298  0.38  0.47  0.014  0.79
--------------------------------------------------------------------
4290         35.4    67.4     32.0      105  0.42  0.28  0.011  0.61
--------------------------------------------x------------------------
4290        140.2   246.9    106.7      350  0.36  0.31  0.021  0.66
--------------------------------------------------------------------
4291         27.4   277.1    249.6      819  0.50  0.63  0.016  1.04
-----------------x---------------------------------------------------
4292        212.0   652.9    440.9     1447  0.38  0.43  0.029  0.84
--------------------------------------------------------------------
4292 Incl.  212.0   341.1    129.1      424  0.55  0.57  0.0x21  1.04
--------------------------------------------------------------------
4292 Incl.  603.2   652.9     49.7      163  0.48  0.53  0.023  0.97
--------------------------------------------------------------------
4293        247.5   716.0    468.x5     1537  0.59  0.43  0.026  0.95
--------------------------------------------------------------------
4293 Incl.  247.5   411.2    163.7      537  0.86  0.61  0.020  1.26
--------------------------------------------------------------------
4294  x       21.0   554.7    533.7     1751  0.26  0.26  0.018  0.52
--------------------------------------------------------------------
4294 Incl.   21.0   305.7    284.7      934  0.36  0.34  0.012  0.64
-------------------------------------------------x-------------------
4294 Incl.   21.0    44.2     23.2       76  0.78  0.59  0.006  1.12
--------------------------------------------------------------------
4294 Incl.   97.2   305.7    208.5      684  0.34  0.34  0.014  0.63
----------------------x----------------------------------------------
4295         42.7   231.7    189.0      620  0.39  0.44  0.023  0.82
--------------------------------------------------------------------
4295 Incl.   51.8   125.0     73.2      240  0.53  0.66  0.020  1x.11
--------------------------------------------------------------------
4296         33.5   298.7    265.2      870  0.28  0.34  0.016  0.61
--------------------------------------------------------------------
4296 Incl.   33.5   103.6     70.1    x  230  0.28  0.50  0.014  0.75
--------------------------------------------------------------------
4297         26.5   260.0    233.5      766  0.74  0.49  0.019  1.07
--------------------------------------------------------------------
4297 Incl. x  26.5   132.0    105.5      346  1.06  0.56  0.021  1.35
--------------------------------------------------------------------
4298 Hole Abandoned, Not Sampled
--------------------------------------------------------------------
4299         23.2   x 45.1     22.0       72  0.43  0.34  0.020  0.73
--------------------------------------------------------------------
4299         75.9   274.6    198.7      652  0.45  0.34  0.017  0.72
---------------------------------------------------------------x-----
4300        303.4   719.9    416.5     1367  0.65  0.46  0.033  1.06
--------------------------------------------------------------------
4300 Incl.  303.4   435.6    132.1      434  0.98  0.66  0.017  1.38
------------------------------------x--------------------------------
4300 Incl.  627.3   719.9     92.7      304  0.52  0.31  0.081  1.09
--------------------------------------------------------------------
4301        306.3   371.9     65.5      215  1.00  0.73  0.016  1.46
---------x-----------------------------------------------------------
4302        292.9   645.6    352.7     1157  0.55  0.43  0.020  0.90
--------------------------------------------------------------------
4302 Incl.  292.9   411.2    118.3      388  0.67  0x.52  0.020  1.05
--------------------------------------------------------------------
4302 Incl.  466.0   591.0    125.0      410  0.58  0.41  0.025  0.91
--------------------------------------------------------------------
4303        313.2   688.5x    375.4     1232  0.50  0.47  0.027  0.94
--------------------------------------------------------------------
4303 Incl.  313.2   399.0     85.8      282  0.87  0.75  0.018  1.41
--------------------------------------------------------------------x
4303 Incl.  645.9   688.5     42.7      140  0.55  0.35  0.042  0.94
--------------------------------------------------------------------
4304 Anomalous results, 0.20% CuEQ over hole length of 715 feet.
---------------------------------------------x-----------------------
4305        102.1   517.9    415.6     1364  0.27  0.30  0.022  0.59
--------------------------------------------------------------------
4305 Incl.  102.1   120.7     18.6       61  1.38  0.60  0.012  1.55
------------------x--------------------------------------------------
4305 Incl.  150.1   240.5     90.2      296  0.42  0.36  0.022  0.75
--------------------------------------------------------------------
4306         24.1   310.6    286.5      940  0.40  0.47  0.02x2  0.85
--------------------------------------------------------------------
4306 Incl.   27.1   158.2    131.1      430  0.51  0.54  0.022  0.99
--------------------------------------------------------------------
4307          9.1   277.4    268.2x      880  0.42  0.33  0.030  0.76
--------------------------------------------------------------------
4307 Incl.    9.1    70.1     61.0      200  0.88  0.52  0.022  1.21
--------------------------------------------------------------------
4308   x      51.5   237.4    185.9      610  0.19  0.17  0.013  0.36
--------------------------------------------------------------------
4308 Incl.  185.6   237.4     51.8      170  0.22  0.20  0.018  0.44
--------------------------------------------------x------------------
4309         15.2   127.7    112.5      369  0.44  0.25  0.019  0.64
--------------------------------------------------------------------
4309 Incl.   15.2    54.6     39.3      129  0.74  0.36  0.026  0.98
-----------------------x---------------------------------------------
4309        127.7   450.8    323.1     1060  0.34  0.34  0.024  0.70
--------------------------------------------------------------------
(1) Copper equivalent calculations use metal prices of US$0.80/lb xfor
    copper, US$350/oz for gold and US$4.50/lb for molybdenum.
    Adjustment factors to account for differences in relative
    metallurgical recoveries for gold, copper and molybdenum will
    depend upon the completion of definitive metallurgixcal testing.
    CuEQ equals Cu % + (Au g/t x 11.25/17.64) + (Mo % x 99.23/17.64)
To view the maps accompanying this press release please click on the following
links:
http://www2.ccnmatthews.com/database/fax/2000/NDM1215a.pdf
http://www2.ccnmattxhews.com/database/fax/2000/NDM1215b.pdf
http://www2.ccnmatthews.com/database/fax/2000/NDM1215c.pdf
FOR FURTHER INFORMATION PLEASE CONTACT:
Northern Dynasty Minerals Ltd.
Shawn Wallace
Investor Services
(604) 684-6365 or Toll Free: 1-800-667-21x14
(604) 684-8092  (FAX)
Website: www.northerndynasty.com
The TSX Venture Exchange and the American Stock Exchange have neither approved
nor disapproved of the contents of this press release.
                      This information is prxovided by RNS
            The company news service from the London Stock Exchange
END
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