Arequipa Resources -- Exploration Update.VANCOUVER, British Columbia--(BUSINESS WIRE)--Nov. 3, 1995-- Arequipa Resources Ltd. (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" 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. A comprehensive report on the regional mapping and geochemical sampling program underway in the Cordillera Blanca The Cordillera Blanca (Spanish for "White Range") is a mountain range in the Ancash Region of Peru. It is part of the larger Andes range and includes 50 peaks over 5,500 metres (0 ft) and Negra districts in Northern Peru will be released along with further results from the Paron drilling program at the completion of these programs. Arequipa holds 87 claims in the district, covering over 67,000 hectares, including the Paron gold deposit and California IV, where work has defined a epithermal gold prospect capable of hosting several million ounces. 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 will be aggressively focusing its future gold exploration programs in this district. Exploration work is ongoing by Arequipa's joint venture partners on the Ventana, Los Calatos and El Ferrol El Fer·rol also El Ferrol del Cau·dil·lo A city of northwest Spain on the Atlantic Ocean. An important naval station since the 18th century, it was occupied by the British and then the French in the early 1800s. Population: 72,400. properties. Asarco Inc. is continuing exploration at La Ventana and Phelps Dodge del Peru has informed the Company that drilling will commence shortly 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. Both these prospects are located in the Southern Peru Copper Belt. 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. 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 Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). under the symbol AQP. ON BEHALF OF THE BOARD OF DIRECTORS Ms. Catherine McLeod President -0- Note to Editors: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. CONTACT: Arequipa Resources Ltd. Mr. Catherine McLeod, 604/684-0003 604/684-0007 (Fax) |
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