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Arauco Resources - assay results form Guindo trenching.


VANCOUVER Vancouver, city, Canada
Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border.
, British Columbia--(BUSINESS WIRE)--June 20, 1995-- Arauco Arauco may refer to:
  • Arauco, Chile city and municipality in Chile
  • Arauco Province, Chile
  • Araucanía Region, the heartland of what the spaniards called Arauco
  • Gulf of Arauco in the coast of Chile
  • Arauco War a war involving spaniards and mapuches
 Resources Corporation (VSE-ARU) announces assay results from the backhoe trenching program at it's it's  

1. Contraction of it is.

2. Contraction of it has. See Usage Note at its.


it's it is or it has
it's be ~have
 wholly-owned Guindo property located approximately 240 kilometers south of Santiago, Chile Santiago, officially Santiago de Chile (Spanish: ), is the capital of Chile, and the center of its largest conurbation (Greater Santiago). .

The on-going Adj. 1. on-going - currently happening; "an ongoing economic crisis"
ongoing

current - occurring in or belonging to the present time; "current events"; "the current topic"; "current negotiations"; "current psychoanalytic theories"; "the ship's current position"
 program, designed to test the continuity, extent and grade of several zones of quartz quartz, one of the commonest of all rock-forming minerals and one of the most important constituents of the earth's crust. Chemically, it is silicon dioxide, SiO2.  veining vein·ing  
n.
Distribution or arrangement of veins or veinlike markings.
 located on the property, commenced on April 29, 1995. To date 1449.3 metres of backhoe trenching have been completed with approximately 500 metres remaining to be excavated.

Prior to the backhoe trenching program, 10 hand trenches totalling 120 metres were completed. Trenching has shown argillically altered andesitic-dacitic volcanics to host a complex series of quartz veins. The veins are variably gold bearing with the best results occurring at the B zone. At the B zone, 4 veins have been identified. The veins are up to 3.5 metres (11.5 ft) wide, have been traced for up to 170 metres (558 ft.) along strike and remain open. The results of the vein sampling are summarized below. -0-

Intersection       Estimated True Width         Grade
  (metres)             (metres)             (grams/tonne)


   0.9                   0.9                     1.44
   0.5                   0.5                     2.41
   1.0                   1.0                     7.88
   4.7                   1.0                     6.22
   1.0                   1.0                     1.80
   1.4                   1.4                    13.80
   2.0                   2.0                    12.45
   0.7                   0.7                     3.36
   3.5                   3.5                     5.77
   2.5                   2.5                    11.74
   2.0                   2.0                     5.19
   5.0                   1.5                    24.90
   2.3                   2.3                     9.67
   3.0                   2.5                    12.25
   4.0                   3.0                     8.41
   3.0                   2.5                     2.97
   4.2                   3.0                     5.22
   1.2                   1.2                     2.45
   1.0                   0.5                     7.14




The Company is awaiting the completion of the trenching program and the receipt of all assays before proposing additional trenching and or diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral  of the veins.

CONTACT: Arauco Resources Corporation

Judee Fayle, (604) 687-7545
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 20, 1995
Words:326
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