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Arequipa Resources - Exploration Update.


VANCOUVER, BC--(BUSINESS WIRE)--Dec. 1, 1995--AREQUIPA RESOURCES LTD LTD 1 Laron-type dwarfism 2 Leukotriene D 3 Long-term depression, see there 4. Long-term disability  (TSE See Tokyo Stock Exchange.

TSE

1. See Tokyo Stock Exchange (TSE).

2. See Toronto Stock Exchange (TSE).
, VSE See DOS/VSE.

VSE - Virtual Storage Extended
: AQP AQP Aquaporin (family of membrane channel proteins)
AQP Association for Quality and Participation
AQP Advanced Qualification Program (aviation)
AQP Arequipa, Peru - Rodriguez Ballon
) Arequipa Resources Ltd. ("Arequipa" or the "Company") is pleased to report that exploration activities are progressing, both on programs under Arequipa's management, and on programs operated by Arequipa's joint venture partners.

Exploration work is ongoing by Arequipa's joint venture partner Phelps Dodge del Peru on the Los Calatos copper porphyry Porphyry, Greek scholar
Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus.
 prospect. Twenty reverse circulation drill holes have been completed and the core sent to Chile for assaying. Results will be released as they become available. Preparations are underway to bring in a diamond drill rig to continue the program. Newcrest Resources Inc. has informed Arequipa that road construction to the El Ferrol prospect has been initiated, and depending on rig availability, drilling will commence as soon as possible.

Further regional mapping and geochemical sampling is ongoing in the Cordillera Blanca and Negra districts in Northern Peru. The Company is currently focusing on the Pierina Prospect where a program of pitting and trenching is underway.

Results will be released shortly from the Paron drilling program once all assays have been received. Arequipa holds 87 claims in the district, covering over 67,000 hectares, including the Paron gold deposit and California IV prospect. Preliminary results demonstrate strong evidence that a significant precious metals Precious Metals

Valuable metals such as gold, iridium, palladium, platinum, and silver.

Notes:
Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal.
 province is emerging within this belt.

Arequipa Resources Ltd. is a mineral exploration and development company focused on the acquisition and development of copper and gold properties in Peru. The Company was founded by Mr. David Lowell who is credited with the discovery of the La Escondida deposit in Chile. The Company's shares trade on the Vancouver and Toronto Stock Exchanges Toronto Stock Exchange (TSE)

Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options.
 under the symbol AQP.

ON BEHALF OF THE BOARD OF DIRECTORS Ms. Catherine McLeod President

The VSE and the TSE have not reviewed and do not accept responsibility for the adequacy or accuracy of this release.

CONTACT: Arequipa Resources Ltd., Vancouver, British Columbia

604/684-0003
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:Dec 1, 1995
Words:319
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