Altai Resources Inc. announces assays on Peru Gold prospect.TORONTO--(BUSINESS WIRE)--Oct. 31, 1996--ALTAI RESOURCES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic. Antonym: dec. . (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). ATI (ATI Technologies Inc., Markham Ontario, http://ati.amd.com) A leading manufacturer of graphics chips and display adapters. Founded in 1985 by K. Y. Ho, Benny Lau and Lee Lau, ATI chips and boards are widely used by OEMs. .) Altai Resources Inc. (ATI, TSE; US Sec. Rule 12g3-2(b) File # 82-2950) Thursday announces that surface sample of its 100% owned Tierra Amarilla 4 Property in Peru discovered gold values ranging from 0.1 g/t to 4.8 g/t. The 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. zone has been traced over a preliminary strike length of at least 400 meters; the zone width is undetermined. The anomalous results were from 135 samples taken from hydrothermically altered volcanic rocks. The samples also showed high concentrations of arsenic and antimony which is typical of epithermal gold deposits. The gold 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. occurs in volcanic rocks of the Calipuy Group which contain the large gold deposits of Peru. Altai intends to conduct pitting and trenching to define the surface dimensions of the gold bearing zone, prior to beginning a drilling program. Tierra Amarilla 4 is located 80 kms east of the coastal city of Trojillo in Northwestern Peru. Altai Resources has an extensive property position in Peru and the Philippines. Additional exploration results from the company's Mabulao copper-gold project in the Philippines are anticipated in November. CONTACT: Altai Resources Inc. Dr. Niyazi Kacira, 416/869-1338, 416/869-1238 (FAX) or Altai Resources Inc. Mr. Forbes West, 416/868-6666, 416/868-0943 (FAX) |
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