Arequipa Resources - Paron Update.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)--March 1, 1996-- Arequipa Arequipa (ärākē`pä), city (1993 pop. 713,206), alt. c.7,550 ft (2,300 m), capital of Arequipa dept., S Peru, on the Chili River. One of Peru's largest cities, it is the commercial center of S Peru and N Bolivia. Resources Ltd. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :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" or the "Company") is pleased to announce assay results from the balance of the drilling completed to date on the Paron gold property located in Northern Peru. This program was designed to delineate the gold resource outlined in the 1994 drill program and bring this reserve into the proven and probable category, as well as to test the area under cover to the west of the currently outlined resource. The Company is pleased to report that reconnaissance  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. drilling has indicated a potential for 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. downdip to the west on ground controlled by Arequipa. To date 62 core holes totaling 2,670 meters have been drilled at Paron. In addition 3 exploration tunnels have been driven, several old tunnels have been sampled, numerous pits have been dug, and several hundred surface samples have been taken. Near the end of the drilling program a north-south line The North-South Line may refer to several different railway lines:
suffocation of piglets by the sow. The piglets may be weak from illness or malnutrition, the sow may be clumsy or ill, the pen may be inadequate in size or poorly designed so that piglets cannot escape. the sheared sheared adj. Shaped or finished by shearing, especially cut or trimmed to a uniform length: a sheared fur coat. Adj. 1. monzonite monzonite Type of igneous rock that contains abundant and approximately equal amounts of plagioclase and potash feldspar, as well as other minerals. The type region is Monzoni, Italy, in the Italian Tirol; similar rocks have been described from Montana, Norway, Sakhalin zone which hosts the outcropping mineralization continues to the west. Six holes on this line encountered mineralization of 0.5 g/t or better, and all encountered at least traces. The last 54 meters of drill hole 100-10 on the line along the downdip edge contained mineralization averaging nearly 1 g/t, and bottomed at 90 meters in material assaying over 2 g/t. Due to the limited capacity of the drill rig it was not possible to take the hole deeper. An offset hole (100-11A) with a more powerful drill rig intersected 30 meters averaging 0.67 g/t in brecciated brec·ci·ate tr.v. brec·ci·at·ed, brec·ci·at·ing, brec·ci·ates To form (rock) into breccia. brec and altered monzonite 80 meters due west of the mineralization in 100-10. Another offset hole (100-11B) intersected 72 meters averaging 0.67 g/t, (1.09 g/t if a single 21 g/t assay is included) 75 meters due west of the mineralization in 100-11A. The mineralization in this westernmost offset hole is in brecciated and silicified si·lic·i·fy v. si·lic·i·fied, si·lic·i·fy·ing, si·lic·i·fies v.tr. To convert into or impregnate with silica. v.intr. To become converted into or impregnated with silica. shales, marking the first observation of 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. sedimentary rock sedimentary rock: see rock; sediment. sedimentary rock Rock formed at or near the Earth's surface by the accumulation and lithification of fragments of preexisting rocks or by precipitation from solution at normal surface temperatures. in the area of Paron. Not enough information is available to determine the details of the structure hosting the mineralization in sediments, but it is likely that it is a combination of north-south faults of varying dips along the margin of the graben and east-west high angle faults. Holes 100-10 and 100-11 A & B demonstrate mineralization of a different character than the tabular tab·u·lar adj. 1. Having a plane surface; flat. 2. Organized as a table or list. 3. Calculated by means of a table. tabular resembling a table. outcropping orebody which had been the subject of most of the previous exploration at Paron. Considerably more drilling west of the area already drilled will be necessary to fully test the significance of this discovery. Significant recent results are as follows: -0-
HOLE # FROM TO TRUE WIDTH G/T GOLD G/T SILVER
(METERS)
000-7 0.00 9.00 9.00 0.89 3.20
000-8 3.00 9.00 6.00 0.48 6.00
035-7 0.00 9.00 9.00 1.06 1.10
035-10 22.50 33.00 10.50 0.60 2.10
050-6 0.00 7.50 7.50 1.08 5.7
10.50 12.00 1.50 2.01 3.5
100-2 0.00 7.50 7.50 1.74 5.60
100-3 0.00 7.50 7.50 0.82 4.92
100-4 0.00 12.00 12.00 0.83 7.84
100-5 0.00 18.00 18.00 1.12 9.35
100-10 36.00 90.00 54.00 0.84 13.70
100-11A 63.00 94.50 31.50 0.67 5.6
100-11B 127.50 165.00 37.50 1.10 3.06
150-3 0.00 10.50 10.50 1.96 3.81
150-4 0.00 3.00 3.00 0.50 4.45
150-5 0.00 12.00 12.00 1.80 13.06
150-6 0.00 3.00 3.00 1.48 2.60
9.00 10.50 1.50 0.51 9.90
13.50 16.50 3.00 0.85 10.00
200-1 0.00 1.50 1.50 3.70 1.80
200-4 0.00 22.50 22.50 1.61 8.05
200-5 0.00 21.00 21.00 0.92 9.49
200-10 0.00 1.50 1.50 1.00 3.00
250-2 0.00 4.50 4.50 0.59 1.47
250-3 0.00 1.50 1.50 0.60 0.60
6.00 7.50 1.50 0.70 1.40
12.00 15.00 3.00 0.95 1.80
250-4 0.00 28.50 28.50 1.19 3.32
250-5 0.00 10.50 10.50 2.39 4.57
250-6 0.00 3.00 3.00 0.53 16.30
6.00 16.50 10.50 0.72 3.20
21.00 27.00 6.00 1.15 5.00
300-2 6.00 7.50 1.50 2.55 4.00
9.00 15.00 3.00 1.28 1.88
300-4 0.00 34.50 34.50 1.54 1.37
300-5 7.50 13.50 6.00 2.14 1.40
16.50 18.00 1.50 1.22 1.40
22.50 24.00 1.50 0.50 0.60
300-6 0.00 9.00 9.00 1.43 3.72
18.00 21.00 3.00 0.90 1.30
335-1 0.00 1.50 1.50 0.90 4.90
335-2 0.00 6.00 6.00 1.10 4.50
7.50 9.00 1.50 0.52 4.00
19.50 21.00 1.50 0.51 0.90
335-3 0.00 13.50 13.50 1.53 3.10
335-4 0.00 19.50 19.50 1.70 2.20
335-10 7.50 9.00 1.50 0.61 1.70
61.50 69.00 7.50 2.73 7.50
350-9 6.00 7.50 1.50 0.73 1.50
12.00 13.50 1.50 0.55 0.40
520-5 10.50 15.00 4.50 1.27 19.30
27.00 30.00 3.00 0.52 4.20
560-5 3.00 13.50 10.50 1.43 20.20
16.50 19.50 3.00 0.83 5.70
22.50 24.00 1.50 0.70 9.00
31.50 33.00 1.50 0.77 4.70
560-6 15.00 39.00 24.00 1.20 7.90
46.50 48.00 1.50 0.69 0.50
-0- Reserve calculations are currently being prepared by an independent consultant. The reserves will be based on potential ore grade Ore grade is a measure that describes the concentration of a valuable natural material (such as metals or minerals) in its surrounding ore. Ore grade is used to assess the economic feasibility of a mining operation: the cost of extracting a natural material from its ore is directly intercepts in 40 drill holes, 9 old tunnels, and one new tunnel. Cutoff grade is 0.5 g/t, and average thickness is 10 meters, with mineralization in many holes beginning at the surface. CONTACT: Arequipa Resources Limited 604/684-0003; 604/684-0007 (Fax) |
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