Anatolia Minerals Development Ltd.: Rio Tinto Assumes Management of Tunceli Project.TORONTO -- After spending over US$3million, Rio Tinto Rio Tinto may refer to:
Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus. copper prospect (Kizilviran). US$1 million budgeted for mapping and drilling in 2006. Anatolia Minerals Development Limited ('Anatolia') (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension :ANO Noun 1. ANO - a Palestinian international terrorist organization that split from the PLO in 1974; has conducted terrorist attacks in 20 countries; "in the 1980s the Fatah-RC was considered the most dangerous and murderous Palestinian terror group" ) is pleased to announce Rio Tinto Mining & Exploration Ltd. ('Rio Tinto') has elected to assume management of the Tunceli Joint Exploration Area after spending more than $3 million there, per our Strategic Alliance Agreement. We believe Rio Tinto's direct involvement could accelerate programmatic pro·gram·mat·ic adj. 1. Of, relating to, or having a program. 2. Following an overall plan or schedule: a step-by-step, programmatic approach to problem solving. 3. exploration of the area to a decision point. Initial focus will be on the Cevizlidere 'Walnut Creek' area (formerly Kizilviran), aimed at extending a large area of porphyry 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. , including a +1,500-meter long, 250-450 meter wide area of chalcocite chalcocite Sulfide mineral, Cu2S, that may be an important ore of copper. It belongs to a group of sulfide minerals formed at relatively low temperatures. Chalcocite alters to native copper and other copper minerals. enrichment. Preliminary plans call for a program of detailed geologic mapping, geochemical surveys and geophysics this summer, to be followed by additional drilling. An attempted drilling campaign this winter was frustrated by an extended period of extraordinarily severe winter weather and deep snow. Richard Moores, Anatolia's President said: "We believe Rio Tinto's 'hands-on' approach to this exciting copper porphyry province is a favorable sign, indicating a strong interest in advancing this project to an early decision point. Initial focus will be on extending mineralization previously announced at Cevizlidere, particularly of the 1.5 to 2 kilometer extension of the ridge subject to chalcocite enrichment. We will also follow-up the copper porphyry area partially tested at Sin and, hopefully, undertake initial exploration and characterization of the 30-40% of Tunceli as yet under explored." Anatolia has been exploring in Turkey since 1996. In January 2004, Anatolia obtained 100% interest in the 5.4-million ounce gold resource at Copler (of which 3.8 million ounces are measured and indicated). Anatolia aims to reach a production decision for the shallow, leachable, 1.8 million ounces of measured and indicated oxide resources at Copler by mid-2006. The Company controls approximately 1.0 million hectares within Turkey, including four properties currently under joint exploration with Rio Tinto and five additional properties under joint venture with others. Anatolia currently has 58.2 million common shares issued and outstanding, 70.1 million fully diluted. This news release may contain forward-looking statements in respect of various matters including upcoming work programs and events. The results or events predicted in these forward-looking statements may differ materially from actual results or events. Anatolia disclaims any obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Assays are performed by OMAC OMAC Open Modular Architecture Control(ler) OMAC One-Key CBC Mac OMAC One Man Army Corps OMAC Observational Metahuman Activity Construct OMAC Ocala Municipal Arts Commission (Florida) Laboratories, Ireland, and ALS-Chemex, Vancouver, BC, Canada, with quality control of sampling, preparation and assaying overseen by Anatolia, whose President, Richard C. Moores, is a "qualified person" for the purposes of applicable Canadian securities regulations Canadian securities regulation is managed through laws and agencies established by Canada's 13 provincial and territorial governments. Each province and territory has a securities commission or equivalent authority. . Anatolia Minerals Development Limited (TSX:ANO) |
|
||||||||||||||||||

Printer friendly
Cite/link
Email
Feedback
Reader Opinion