Int'l Panorama (ILP.V) Annonucement

[FreeBurma@xxxxxxx]

(Full text of press release from Canada NewsWire) 

 INTERNATIONAL PANORAMA RESOURCE CORP. - EXPLORATION LAUNCHED     ON
POTENTIAL BULK MINEABLE GOLD TARGET IN MYANMAR (BURMA) 

    VANCOUVER, Nov. 6 /CNW/ - ^INTERNATIONAL PANORAMA RESOURCE CORP.@ (ILP)
has commenced a 6 month US$160,000 work program on its Exploration Concession
over Block 9 near Thayetkhone in central Myanmar (formerly Burma).  A recent
field assessment of the gold potential of Block 9 by the Company's geological
consultants, Dr. Ian Gray and Dr. Duncan Large, identified an area 1.5km by
1.5km containing a well developed system of quartz gold veins and
stockworking contained in locally sillicified and altered migmatites,
peripheral to an intrusive granite.  Individual veins are up to 1km long,
1.5m wide with gold grades to 1 ounce/ton and carry associated chalcopyrite,
tourmaline and fluorite.  The deposit has ^bulk mining potential@ with ready
access to water, hydropower and rail transportation.  The exploration program
will initially focus on outlining the gold reserve potential of this area. 

    Block 9 is located on the Shan Fault, a major 2000km long fault zone
which is closely associated with alluvial and hard rock gold mineralization
over a 1,200 km strike length in Myanmar. 

    Following a gold rush to the southwest part of Block 9 in 1982, extensive
surface work and some shallow drilling by the Myanmar Department of
Geological Survey & Mineral Exploration (DGSE) outlined widespread gold
mineralization east of Thayetkhone.  Results from this work established the
basis for subsequent small scale selective near-surface mining and production
from an on-site 50 tpd. pilot gravity flotation mill. 

    INTERNATIONAL PANORAMA has established a base camp at Thayetkhone and
compilation of extensive DGSE geology and assay data is underway.  The
initial program will focus on outlining the gold resource potential at
Thayetkhone. 

    /For further information:  Adrian Hartmann, Chairman of the Board (604)
687-7294/ 

    -- Toronto Bureau 416 941-8100   

Rtr 10:15 11-06-95