Arequipa Resources - Pierina Tunnel Assays.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)--May 13, 1996--AREQUIPA RESOURCES(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 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. ("the Company") is pleased to announce results from further underground sampling at the Pierina project in north central Peru. Two tunnels are currently being driven to gain information on the geology geology, science of the earth's history, composition, and structure, and the associated processes. It draws upon chemistry, biology, physics, astronomy, and mathematics (notably statistics) for support of its formulations. and 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. of the deposit at depth. The most recent results from the first and second tunnels are as follows: -0-
TUNNEL #1
Tunnel Depth Grade
-------------- -------------
80 - 82 meters 5.94 g/t gold
82 - 84 meters 3.94 g/t gold
84 - 86 meters 4.84 g/t gold
86 - 88 meters 7.34 g/t gold
88 - 90 meters 6.94 g/t gold
90 - 92 meters 5.22 g/t gold
94 - 96 meters 5.46 g/t gold
Weighted average 3 - 96 meters 4.93 g/t gold. Weighted average silver grade 3 - 96 meters is 156 g/t.
The above grades are consistent with the average grade of pits
near the tunnel alignment. This adit is currently at approximately
100 meters and appears to be continuing in mineralization. The
Company plans to extend this adit as far as possible with the
equipment currently on site.
A second tunnel, collared approximately 200 meters south and
slightly east of the first tunnel, is presently at slightly more than
36 meters and also still in mineralization.
TUNNEL #2
Tunnel Depth Grade
-------------- -------------
26 - 28 meters 9.22 g/t gold
28 - 30 meters 6.26 g/t gold
30 - 32 meters 13.12 g/t gold
Weighted average 6 - 32 meters 5.15 g/t gold, 193 g/t silver.-0- Drill pad construction is underway and an approximately 5000 meter meter, unit of measure meter, abbr. m, fundamental unit of length in the metric system. The meter was originally defined as 1/10,000,000 of the distance between the equator and either pole; however, the original survey was inaccurate and the meter was later diamond and reverse circulation drilling program expected to commence on May 17th. ON BEHALF OF THE BOARD OF DIRECTORS Ms. Catherine McLeod President CONTACT: Arequipa Resources Ltd. Catherine McLeod, 604/684-0003 604/684-0007 (Fax) |
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