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Arequipa Resources - Pierina Preliminary Drilling Results.


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 4, 1996--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).
: AQP AQP Aquaporin (family of membrane channel proteins)
AQP Association for Quality and Participation
AQP Advanced Qualification Program (aviation)
AQP Arequipa, Peru - Rodriguez Ballon
 ) (the Company) is pleased to announce receipt of silver assays from the first drill hole of the Pierina.

Hole 00N-00E was drilled as a HQ core hole to a total depth of 158 meters and gold grades were previously released (se NRNo.15/96). -0-

Drill hole No. 00N-00E
depth (m)           grams per metric ton gold
0  to 70 meters            154 g/t silver
70 to 84 meters             57 g/t silver
84 to 88 meters              8 g/t silver
88 to 158 meters           anomalous silver up to 64 g/t
Total depth drilled 158 meters




The company has completed two holes: 00N, 00E which intersected 88 m of 6.1 g Au and 130 g/t Ag and terminated in a fault at 94 m with total depth of 158 m; and hole 300S, 300E which was a -65 degree southwest trending, angle hole which was angled out through the southwest border of the deposit. This hole, a 450 meter step out from the discovery hole, intersected 88 meters of possible 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.
 before passing into a fault zone, total depth was 170 m. Assays are pending.

Hole 100S, 100E, located 140 meters from the discovery hole, was abandoned at 43 m as a core hole due to drilling problems and will be redrilled as a reverse circulation hole. 100S, 100E was in ore at 43 m, and the interval from 2-43 m averaged 7.5 g/t Au and 184 g/t Ag.

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.  intends to complete 20 holes on a 100 x 100 m grid in the first phase of exploration which will consist of 5000 meters of core and reverse circulation drilling. Both drills are on site but drill rods for the reverse circulation rig are currently in transit to the property. The diamond drill has been relocated re·lo·cate  
v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates

v.tr.
To move to or establish in a new place: relocated the business.

v.intr.
 to 200S 200E and drilling of hole 4 has commenced. Ten thousand meters of closer spaced drilling for final ore reserve calculation and pit design will commence in phase II.

CONTACT: Arequipa Resources Ltd.

Catherine McLeod, 604/684-0003

604/684-0007 (Fax)
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Jun 4, 1996
Words:354
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