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Gold prices are on the RISE!!!

Company of Interest


Bishop Resources Inc. 

TSX Venture Symbol: BRI       OTC Exchange Symbol: BRPCF     BERLIN Exchange:        BQ1

                                                                                                                                Shares Outstanding: 39.5 million        Public Float Shares: 10 million


Bishop Resources Inc. is a Canadian Company whose shares are traded on the TSX Venture Exchange under the symbol “BRI”, The Berlin Stock exchange under the symbol “BQ1”, and on the OTC Exchange under the symbol “BRPCF".

 

Bishop Resources is a junior precious metals exploration company focused on the development and acquisition of mineral properties of significant historic merit in Western and Northern Canada.

 

Bishop Resources presents a very interesting situation, Bishop’s two properties, Al/Bonanza and Lawyers, comprise some 61 sq. km and, on the Al property alone, grades as high as 2.49 ounces of gold per ton have been assayed. Here are some of the reasons why many people have been investing into this exciting project.

 

·     The current world gold prices are on the rise and likely to go higher.

·    World Class Properties.

·    Historical results include 86 feet of 1 oz.

·    Past production of the Lawyers Property was 174,000 ounces gold and 3.6 million ounces silver!

·    Significant lengths of mineralization close to surface. Open pit potential

·    Cheap Mining Costs.

·    High daily volumes of shares trading

·    Increased share price over the past 60 days

·    Trades on THREE EXCHANGES for exposure to the world market.

·    Bishop Resources has a proven management team.

Lawyers Property Facts:

      Located in the Toodoggone Area of B.C. Canada, and covers 6,053 acres. There is over 11 km combined strike length along four mineralized trends, with bonanza gold grads along trends. This property could go back into production.

 

Al/Bonanza Property:

      Located in the Todoggone area of B.C. Canada, and covers 6,300 acres. This property has enormous open pit potential. Signifigant initial 2003 drilling results include 61’ of .20 oz. gold per ton and 116’ of .15 oz gold per ton.

 

Gordon Lake Property:

      Over 9,000 acres located in the North West Territories. 41,000 ft of previous diamond drilling, fall and winter work programs planned.

 

Click here for the historical prices of Bishop Resources

Click here for a Quote on Bishop Resources

 

 

PRESS RELEASE BELOW! A must read!!!!!

 

Bishop Releases Toodoggone Exploration Results
Tuesday September 16, 9:32 am ET

VANCOUVER, BRITISH COLUMBIA--Bishop Resources Inc., ("Bishop") listed on the TSX Venture Exchange Inc. under the trading symbol "BRI", and on the Berlin Stock Exchange under the trading symbol "BQ1", is pleased to announce continued encouraging results from the 2003 Exploration Program on the AL Property in the Toodoggone area of North-Central BC.

The first ten holes of the 2003 drill program were designed to confirm continuity of grade and structure within the Bonanza Zone. Assay results are now available for the first six holes. Results from the initial five holes were released September 3, 2003 and September 9, 2003.

Composite assay results from the sixth drill hole are tabulated below in Table I.

TABLE I
Bonanza Zone
2003 Drill Program

                                                               Intercept                            Intercept
                       Intersection                  Metric Values                    Imperial Values
                     From            To             Length        Grade               Length       Grade
Hole ID           (m)            (m)            (m)               Au (g/tonne)      (ft)         Au (oz/ton)

 A03-06           4.6             11.5          6.90                 5.00                   22.64        0.15
 Including       5.1             8.2            3.10                 6.90                   10.17        0.20

                        14.5            15.5          1.00                 3.50                    3.28        0.10

                        25.8            41.9          16.10              12.40                 52.82        0.36
 Including      28.2            35.0           6.80               23.10                 22.31        0.67
 Including      28.9            30.5           1.60               67.90                   5.25        1.98
 Including      37.7            39.2           1.50               11.40                   4.92        0.33

                        43.0            47.2           4.20                 1.80                13.78         0.05

                        51.3            54.5           3.20                 2.80                10.50         0.08

As can be seen from Table I, hold A03-06 intersected a total mineralized length of 103 feet grading 0.24 oz/ton (31.40 metres at 8.09 g/t) containing 52.82 feet at 0.36 oz/ton (16.10 metres at 12.40 g/t), 22.31 feet at 0.67 oz/ton (6.80 metres at 23.10 g/t) and a high-grade section of 5.25 feet at 1.98 oz/ton (1.60 metres at 67.90 g/t).

Analysis of results received to date continues to show continuity of the mineralized structure within the Bonanza Zone and assay results received to date continue to confirm both the continuity of the gold grade within the structure and the presence of a very high-grade core to the gold mineralized zone.

Geological modeling and interpretation of the zone is on-going.

Preliminary resource estimates will be undertaken subsequent to receipt of all outstanding assays. Further assay results from Acme Analytical Laboratories will be released as they are received.

Technical information in this news release has been confirmed and approved by Robert E. "Ned" Reid P.Geo., who was present on the AL Property and Lawyers Property during the current exploration program.

As released on July 23, 2003, final acquisition of the Toodoggone properties by Bishop remains subject to TSX Venture Exchange approval.

By order of the Board,

Arthur T. Fisher

This news release contains forward-looking statements which involve known and unknown risks, delays and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectations implied by these forward-looking statements.

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