Argentina Gold - Upcoming Exploration Program with Western Mining Corp.VANCOUVER, BRITISH COLUMBIA--(BUSINESS WIRE)--Sept. 11, 1996-- ARP (VSE See DOS/VSE. VSE - Virtual Storage Extended : ARP) ARGENTINA GOLD CORP. (the "Company") is pleased to report on its upcoming exploration program with joint venture partner Western Mining Corp. The aim of the 1996/97 exploration program is to locate a gold 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. system within the joint venture area with sufficient potential to be a world class ore body. The claim blocks under which Western Mining Corp. can earn up to a 60 percent interest are called Poposa, Rio Frio There are several rivers that have the name Rio Frio in the world:
The exploration program will consist of specific geochemical sampling and mapping, complemented by geophysical surveys. Once the drill targets have been fully defined, 9,000 metres of diamond and reverse circulation drilling will be implemented. Access to the fields is anticipated to be re-opened by the end of September. At the highly prospective Poposa Project, the geological setting is structurally very promising with a possible gold and 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. underlying at depth. The Rio Frio Project is at an earlier stage of exploration but is highly prospective as talus talus (tā`ləs), deposit of rock fragments detached from cliffs or mountain slopes by weathering and piled up at their bases. A talus is a common geologic feature in regions of high cliffs. anomalies have been found within zones of intense hydrothermal hydrothermal, hydrothermic relating to the temperature effects of water, as in hot baths. alteration. The project is situated close to the deposits of Tambo and El Indio in Chile. At the Chezanco Project, substantial geological reserves have already been identified down to a depth of 120 metres below surface. The deposit is open below this level and the drilling program last season proved continuity to 300 metres below surface. Argentina Gold Corp. also has joint ventures with Barrick GoldCorporation on some large claim blocks. Details of this upcoming exploration program will be reported shortly. Argentina Golds Corp.'s land package consists of over 560,000 hectares with very favourable gold exploration potential. The Company controls approximately 80 percent of the El Indio gold belt in Argentina. -0- NOTE: Location map available from the Company at the phone number listed below. 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). has not reviewed and does not accept responsibility for the adequacy or accuracy of the content. CONTACT: Argentian Gold Corp. J. Patricio Jones, 604/689-7842 |
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