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News Release
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YALETOWN ENTERTAINMENT CORP. 407 - 535 Howe Street, Vancouver, B. C. V6C 2Z4 Tel: (604) 688-0118 Fax: (604) 688-3348 CUSIP# 984909101 Rule 12g3-2(b)# 82-4336 |
November 21, 1996 A.S.E Trading Symbol: YAL
YALETOWN ENTERTAINMENT CORP. RETAINS WORLD CLASS GEOLOGIST
VANCOUVER, B. C., CANADA --- Yaletown Entertainment Corp. announces that it has recently retained Mr. Jens Touborg of J.F. Touborg Consultants, Inc. to provide an independent evaluation of the company's Gorro Property in Chile.
"There are some interesting structures on Yaletown's 27 square kilometre copper/gold prospect, according to our initial interpretation of the enhanced satellite imagery." said Mr. Touborg.
"As a result of Mr. Touborg's initial interpretation, Yaletown is continuing with its plans to proceed in January, 1997 with a substantial exploration program focusing on certain key areas of the Gorro property. The exploration program will include prospecting, geological mapping, sampling, trenching and, if indicated, drilling." said Yaletown's Chief Executive Officer, John C. R. Cumming.
Mr. Touborg's final report is expected in the near future.
Yaletown Entertainment Corp. is a Canadian film producer with diversified interests in mineral resource exploration in South America. The company is listed on the Alberta Stock Exchange under trading symbol YAL.
For further information, please contact Mr. John Cumming, Chief Executive Officer, at (604) 688-0118.
John C. R. Cumming, Director, Chairman & C.E.O.
THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED OF THE CONTENTS OF THIS PRESS RELEASE.
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Yaletown Entertainment Corporation, Vancouver B.C. Canada
tel: (604) 669-3543 - Executive/Production Offices
Canadian Venture Exchange: ECY