ECHO BAY HAS NEVADA GOLD DISCOVERY

  Echo Bay Mines Ltd said it
  discovered a gold deposit in the Cove area near its McCoy gold
  mine in Nevada.
      Echo Bay said it encountered gold in 39 of 42 drill holes
  at Cove. It said seven holes averaged 0.185 ounce gold a short
  ton and 1.8 ounces of silver, with the seven intersections
  averaging 118 feet in thickness beneath 25 feet of overburden.
      The discovery is on the McCoy property, one mile northeast
  of the McCoy open pit, heap leach gold mine, which is expected
  to produce about 85,000 ounces of gold this year, Echo Bay
  said.
  

