"YBM's other experienced director with an acceptable track record upon the JCP being listed is Kenneth Davies, a citizen of the world identified by the company as "Principal Montello Resources Ltd."" Message 20028083 ===================================================== LINES OVERSEAS MANAGEMENT LOL web.archive.org Mission Statement Company History Company Profile
Montello Resources Ltd. is a public company that trades on the Alberta Stock Exchange under the trading symbol MEO. We have large land positions in both the Peace River area next to Ashtons recent Kimberlite discovery and an exciting property near Hinton, Alberta. Over the past three years we have been active on our Hinton property tracking down the source of the 24 diamonds that we found. The 147 magnetic anomalies - initially identified on our two million-acre property by an airborne magnetic survey - have been thouroughly examined and narrowed down to 21 targets that appear to be some type of intrusive. Our $8 million joint venture partner, Kennecott Canada Ltd., has been analyzing these targets and is excited about the possiblity of finding the source of our diamonds. Kennecott has even referred to these targets as "Kimberlite-like pipes." Kennecott has already started an extensive drill program that will test these anomalies to see if they are indeed the source of Montello's gem quality diamonds.
SUMMARY OF EVENTS LEADING UP TO THE DRILLING
April 1994 Acquire 950,000 acres in Hinton, Alberta area. July 1994 Diamonds found in surface sample. Aug 1995 Chuck Fipke visits the property and takes more samples for his laboratory. Jan 1995 Chuck Fipke finds diamonds, chromites and other indicator minerals in samples. Jan 1995 Airborne Magnometer readings identify numerous anomalies Oct 1995 Kennecott Cnada Ltd. joint ventures for $3,000,000 to earn interest in 230,000 acres. Oct 1995-present Extensive geochemical and geophysical work conducted by Kennecott on anomolies. May 1996 Kennecott announces after detailed ground work program, anomolies narrowed down to 11 Class "A" anomolies. Montello stakes additional land surrounding original claims. Aug 1996 Kennecott joint ventures additional 1,138,000 acres for an additional $5,000,000. January 1997 Kennecott commences drilling on the Kimberlite-like anomalies.. January 1997 Montello stakes 600,000 acres in the Buffalo Hills area of Alberta next to Ashtons Kimberlite field. February 1997 Montello stakes 3.4 additional acres next to Ashtons kimberlite field discovery
Company Profile Corporate Headquarters: Suite 1473 - 595 Burrard Street, PO Box 49057 Vancouver, BC, Canada V7X 1C4 Phone: 604-689-1799/1-800-268-2636 Fax: 604-689-8199 Email: ppower@axionet.com Incorporated: 02-MAY-86 Province of British Columbia Capitalization: Authorized: 100,000,000 common shares Issued: 29,000,000 common shares Approx Float: 10,000,000 Share Prices: Registered: Listed: ASE Trading Symbol: MEO CUSIP # 612382109/451277 For Investor Relations Call: Thomas Phone: 604-689-1799 Email: ppower@montello.com Transfer Agent: Montreal Trust Company - June P. Glover, Acct Mgr 510 Burrard Street, Vancouver, BC V6C 3B9 Barrister & Solicitor: Godinho, Sinclair - Bruce Bragagnolo 10th Floor, Montreal Trust Centre, 510 Burrard St., Vancouver, BC V6C 3A8 Phone: (604) 689-9930 Fax: (604) 689-9940 Email: bb@axionet.com Directors and Officers: Patrick Power, President & Director Jeannine Davies, Secretary & Director Daniel Power, Director Auditors: Rob Charlton #1088 - 999 W. Hastings St., Vancouver, BC V6C 2W2 Phone: (604) 683-3277 Fax: (604) 684-8464 Management: Patrick Power Jeannine Davies Ken Davies
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