ASIA PACIFIC RESOURCES -- INITIAL DRILLING PROGRAMS ALMOST COMPLETED -- PRE-FEASIBILITY STUDY COMMISSIONED.VANCOUVER, B.C.--(BUSINESS WIRE)--APRIL 28, 1995--ASIA PACIFIC RESOURCES (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ,VSE See DOS/VSE. VSE - Virtual Storage Extended :APQ APQ Accordo di Programma Quadro APQ Association des Paraplégiques du Québec APQ Association des Pathologistes du Québec APQ Art Pepper Quartet (jazz group) APQ Armaments Planning Questionnaire APQ Advanced Placement Question ). Pre-feasibility field programs at the initial area of interest on the company's Udon Thani Udon Thani (Thai: อุดรธานี) is a city in the north-east of Thailand (Isan). It has a population of 142,670. potash potash: see potassium carbonate. potash Name used for various inorganic compounds of potassium, chiefly the carbonate (K2CO3), a white crystalline material formerly obtained from wood ashes. concession in northeast Thailand are now essentially completed, and an independent pre-feasibility report is now under preparation. Assay results have been received for the following drillholes: -0-
HOLE # DEPTH TO THICKNESS OF AVERAGE
SYLVINITE (M) SYLVINITE (M) GRADE (%K20)
APP94-30 374 4.4 25.4
35 329 2.0 22.2
36 339 3.1 25.4
37 330 6.0 27.4
38 359 3.2 31.6
APP95-39 338 3.2 21.2
40 377 1.8 26.6
41 273 3.9 27.7
42 334 1.9 19.4
44 385 2.4 18.2
46 342 3.8 18.3
A total of 52 diamond drillholes have now been completed and these have defined a significant high-grade potash (sylvinite sylvinite: see potassium chloride. ) deposit, encompassing some 250 million tonnes, trending in a northwest-southeast direction. Additional drilling programs planned for late -1995 will explore the southeast extension to the deposit while a reconnaissance drilling program (presently being completed) examines the northwest extension. Preliminary results for the balance of the 1994/5 drilling program in the initial area of interest have now been received. Assay results for these will be published shortly. -0-
DRILLHOLE # DEPTH TO SYLVINITE
SYLVINITE (M) THICKNESS (M)
APP95-45 379 3.6
47 387 less than 1.0
48 382 3.6
49 372 4.8
50 384 less than 1.0
51 281 4.4
52 364 2.5
Several of these holes were located to test the northeastern and northwestern limits of the deposit (holes #47, 50, 51 and 52), while holes #45,47 and 48 continue to demonstrate the potential for extension of tonnage in a southeasterly south·east·er·ly adj. 1. Situated toward the southeast. 2. Coming or being from the southeast. south·east direction. As the apparent northern limits of the present resource are approached, both thickness and grade are seen to decline. Drilling and seismic programs have proven the existence of a substantial potash deposit in this strategically located region of Thailand. The total extent of the deposit has yet to be quantified, but the average deposit grades, shallow depth to the deposit and apparent absence of any water bearing strata overlying overlying suffocation of piglets by the sow. The piglets may be weak from illness or malnutrition, the sow may be clumsy or ill, the pen may be inadequate in size or poorly designed so that piglets cannot escape. the deposit augur augur: see omen. well for the development of a large potash mine. The on-going reconnaissance drilling program which is examining the area to the south of drillhole K-83, over a trend extending some 10 kms, has been expanded to include 8 or 9 drillholes at wide spacing. Early results from the program are most encouraging, and it is expected that the program will be completed by mid-May. Asia Pacific Resources Ltd. holds a 75% equity interest in the Udon Thani potash concession. The concession encompasses an area of 2,333 sq. km and is located some 500 kms from Bangkok. -0- Gerald D. Wright President -0- The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Gerald D. Wright, 604/681-8003 604/662-3180 (Fax) |
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