ATEBA RELEASES ANALYTICAL RESULTS FROM WALMSLEY LAKE, NORTHWEST TERRITORIES PROPERTY ATEBA RELEASES ANALYTICAL RESULTS FROM WALMSLEY LAKE, NORTHWEST TERRITORIES PROPERTY.TORONTO, Ontario--(BUSINESS WIRE)--April 11, 1995--ATEBA MINES (THE CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. : ATBA ATBA Area to Be Avoided ATBA Automatic Test Break Access THE CANADIAN DEALING NETWORK: ATBA ) ATEBA MINES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . ("Ateba")(ATBA.CDN (Content Delivery Network) A system of distributed content on a large intranet or the public Internet in which copies of content are replicated and cached throughout the network. ) has received the results of microscopic examination of heavy mineral concentrates from its Walmsley Lake property in the Northwest Territories. Ateba has a 60 percent interest in this property, which is east of and adjacent to the Mountain Province property in the Northwest Territories. Mountain Province's significant diamond discovery is located approximately 10 kms west of Ateba's property boundary. Ninety-two separate sites were sampled, widely distributed throughout the property. Two separate kimberlite indicator mineral trains were broadly defined, with direction confirmed by glacial striation. Both trains showed the first order indication minerals chrome diopside diopside Common silicate mineral in the pyroxene family. Diopside is a calcium and magnesium silicate (CaMgSi2O6) that occurs in metamorphosed siliceous limestones and dolomites, in skarns, and in igneous rocks. , and chrome spinel spinel, magnesium aluminum oxide, MgAl2O4, a mineral crystallizing in the isometric system, usually as octahedrons. It occurs as an accessory mineral in basic igneous rocks, in aluminum-rich metamorphic rocks, and in contact-metamorphosed , as well as the second order indicator mineral, olivine. The source of these minerals could be kimberlite or rocks of ultramafic affinity. One train, listed as #49, is down ice from a low amplitude aeromagnetic high. Another train, listed as #13, is down ice from an isolated aeromagnetic high next to a Mackenzie dyke. Additional heavy mineral sampling and magnetometer studies will be necessary to confirm exploration targets. For further information, and a map showing Ateba's property and the relationship to the Mountain Province discovery, please contact Lina Noble at 416-282-3569. CONTACT: Ateba Mines Lina Noble, 416/282-3569 |
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