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Anzex Now Controls 2500 Square Kilometers; All Prime Platinum Group Metal Exploration Targets.


VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--May 19, 1998-- Anzex Resources Ltd. (VSE See DOS/VSE.

VSE - Virtual Storage Extended
:AZX.) Anzex Resources Ltd. has made application for all the known and available layered platinum-bearing intrusive complexes throughout the South Island of New Zealand New Zealand (zē`lənd), island country (2005 est. pop. 4,035,000), 104,454 sq mi (270,534 sq km), in the S Pacific Ocean, over 1,000 mi (1,600 km) SE of Australia. The capital is Wellington; the largest city and leading port is Auckland. .

The company, in addition to the Longwoods complex, now controls more than 2500 square kilometres comprising, Pahia, Riwaka, Tapuaenuku, Mt Somers, Darren, Anglem and Mt George-all prime platinum group The platinum group (alternatively, the platinum group metals or platinum metals) is a collective name sometimes used for six metallic elements clustered together in the periodic table.  metal exploration targets.

All either have recorded platinum anomalism from previous exploration or are in similar geological settings to the Longwoods-the largest known but untested platinum-bearing igneous ig·ne·ous  
adj.
1. Of, relating to, or characteristic of fire.

2. Geology
a. Formed by solidification from a molten state. Used of rocks.

b. Of or relating to rock so formed; pyrogenic.
 intrusive in the world today.

Anzex commenced the first 1000 metre diamond hole on the Longwoods on Monday, May 18. This hole is designed to test the two horizons-the layered intrusions known to be shedding the platinum and an eastern major magnetic zone which is strongly indicated to conceal a nickel/base metals discovery.

The hole may also intersect In a relational database, to match two files and produce a third file with records that are common in both. For example, intersecting an American file and a programmer file would yield American programmers.  the gold horizons which are known to exist and were the source of more than 100 years of gold/platinum mining from placers draining the Longwoods. Platinum and gold can to this day be readily panned from streams sourced in the Longwoods and from beach sands forming the southern coastal fringe of the complex.

Anzex wishes to refute an announcement to the VSE dated April 6 made jointly by Blackstone Resources and Glenhaven Resources in which the venturers claimed inter alia [Latin, Among other things.] A phrase used in Pleading to designate that a particular statute set out therein is only a part of the statute that is relevant to the facts of the lawsuit and not the entire statute.  to (a) have jointly made application for a property in the Longwood Ranges, and (b) made a claim that the property lies within the Longwood Igneous Complex. Both of these claims are erroneous and misleading.

Anzex holds clear an indisputable title-granted and registered June 1, 1997-- to the entire Longwood Range and the Longwood Igneous Complex. No part of the Range nor the Complex is outside Anzex's 467 square kilometre license area.

It is thought the Blackstone/Glenhaven application covers surrounding alluvial al·lu·vi·al  
adj.
Of, relating to, or found in alluvium: alluvial soil; alluvial gold.


alluvial
Adjective

of or relating to alluvium

Noun
 farmland, Crown Lands and Forests, Conservation Lands, National Parks This is a list of national parks ordered by nation. Africa
See also:
  • Algeria
  • Botswana
  • Chad
  • Ethiopia
  • Gabon
  • Kenya
  • Madagascar
  • Morocco
  • Mozambique
  • Namibia
, private and state owned coal and mineral license areas of no interest to Anzex and outside the area of any possible igneous platinum mineralisation. -0-

Note to Editors: No Stock Exchange has reviewed or approved the content of this news release.

CONTACT: Anzex Resources Ltd.

Todd McMurray, 604/684-6671

604/684-6643 (FAX)

Email: anzex@bed-rock.com

Website: http://www.anzex.com.au
COPYRIGHT 1998 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1998, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:May 19, 1998
Words:385
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