ADDITIONAL HONDURAS DRILLING RESULTS.VANCOUVER, B.C.--(BUSINESS WIRE)--MARCH 3, 1995--CONSOLIDATED RAMROD(NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on SMALL-CAP EXCHANGE: CYNXF TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : CYN CYN Canyon ) Consolidated Ramrod Gold Corporation has received assays from an additional fourteen (14) core drill holes completed on the Chaparrales Exploration Permit, Honduras. Assay results continue to define multiple mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. horizons and veins having variable widths along a strike length now in excess of 1,300 feet and a depth potential of 500 feet, further substantiating sub·stan·ti·ate tr.v. sub·stan·ti·at·ed, sub·stan·ti·at·ing, sub·stan·ti·ates 1. To support with proof or evidence; verify: substantiate an accusation. See Synonyms at confirm. results reported on November 30, 1994.
From To Interval Gold
Drill Hole (feet) (feet) (feet) (oz. per ton)
R94-7 314.9 341.1 26.2 0.026 including 334.6 341.1 6.5 0.042 R94-8 no significant assay intersection R94-9 341.1 393.6 52.5 0.017 including 380.5 393.6 13.1 0.040 R94-10 493.5 498.6 59.1 0.011 including 465.7 472.3 6.6 0.047 R94-11 no significant assay intersection R94-12 68.2 170.6 102.4 0.014 including 68.2 79.0 10.8 0.022 and 150.9 164.0 13.1 0.034 R94-13 118.1 150.9 32.8 0.030 including 144.4 150.9 6.5 0.067 R94-14 140.2 236.2 96.0 0.025 including 140.2 186.3 46.1 0.039 R94-15 78.7 111.5 32.8 0.226 including 85.2 91.8 6.6 1.031 R94-16 305.8 380.5 74.7 0.051 including 305.8 326.5 20.7 0.095 R94-17 106.3 171.1 64.8 0.039 and 229.7 321.5 91.8 0.045 R94-18 200.1 229.7 29.5 0.108 R94-19 193.6 200.1 6.5 0.047 R95-1 108.9 177.2 68.3 0.037 including 164.0 177.2 13.2 0.132 and 360.6 457.2 96.6 0.064 including 419.8 457.2 35.4 0.140 Drill holes R94-8 and R94-11 define the northern limits of mineralization Mineralization The process by which the body uses minerals to build bone structure. Mentioned in: Rickets mineralization, n the bioprecipitation of an inorganic substance. and holes R94-7, R94-12, R94-13, R94-14, R94-16 and R95-1 represent in-fill drilling of the main mineralized zone. R94-9, R94-10, R94-15, R94-18 and R94-19 provide evidence for a southerly continuation of mineralization and potential contribution to reserves for a possible low-cost gold operation utilizing bulk mining and heap-leach recovery methods. Chaparrales is one of a number of prospects held under permit by Aurora Exploracion (Honduras) S.de R. L., which are located in the Republic of Honduras, Central America Central America, narrow, southernmost region (c.202,200 sq mi/523,698 sq km) of North America, linked to South America at Colombia. It separates the Caribbean from the Pacific. . Ramrod has earned a 35.7 percent working interest in Aurora Exploracion and has an option to gain controlling interest controlling interest The ownership of a quantity of outstanding corporate stock sufficient to control the actions of the firm. Controlling interest often involves ownership of significantly less than 51% of a firm's outstanding stock because many owners fail in that Company and property inventory through additional in-ground expenditures. CONSOLIDATED RAMROD GOLD CORPORATION Karl H. Rollke President The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. and NASDAQ have neither approved nor disapproved of the contents of this press release. CONTACT: Karl H. Rollke President Tel: (604) 682-6477 Fax: (604) 683-5912 Toll Free: 1-800-663-8947 |
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