Aurient Resources' Du River Prospect, Bowutu Mountains Returns Positive Gold-in-Soil Results in Expanded Target Area.HAMILTON, BERMUDA--(BUSINESS WIRE)--March 17, 1997--Aurient Resources(Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). AUN.) Aurient Resources Ltd. (AUN.ASE (Adaptive Server Enterprise) A relational DBMS from Sybase that runs on Windows NT/2000, Linux and a variety of Unix platforms. ASE is a comprehensive and robust data management product with a long history dating back to the late 1980s. ) announces that work on its Du River Prospect, Bowutu Mountains license area (50 percent Aurient, 50 percent Indo Pacific Resources Ltd. IPF (Itanium Processor Family) See Itanium. .ASE) has returned positive gold-in-soil results from the first 200 metre by 200 metre soil grid which was extended to close off anomalous contours Contours may mean:
Further 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. indicated adjacent to the second soil grid will be tested by extending that sampling program to the south and west. Management of both Aurient and Indo Pacific Resources believe that the soil results support the concept that gold mineralization occurs not only as bonanza grade quartz veins as originally interpreted, but also as high grade breccias within a number of irregular pipe like features up to 80 metres across associated with the quartz veins. This interpretation greatly increases the possibility of several significant deposits, each with multi-million tonne potential, extending to considerable depth. Assays of grab samples Noun 1. grab sample - a single sample or measurement taken at a specific time or over as short a period as feasible sample - a small part of something intended as representative of the whole from float previously taken by Aurient and earlier announced (5.2 to 133.6 g/t gold) relate to the first grid area. Four grab samples from float taken by Indo Pacific in the second soil grid area assayed 12.6, 12.8, 30.7 and 234.0 g/t gold. Bulldozer contour contour or contour line, line on a topographic map connecting points of equal elevation above or below mean sea level. It is thus a kind of isopleth, or line of equal quantity. benching and cross cutting on the prospect should be completed by the end of March, in time for the initial 600 metres of diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral to commence on schedule in April. A drill contractor is preparing a skid-mounted Longyear 38 rig to be barged onto site at the end of March. Assay results from both surface trenching and drilling are expected to be released promptly due to the accessibility of the prospect and its proximity to Lae (daily speed boat service is available) where the lab is located. Aurient Resources Ltd. is a mining exploration and development company. Its strategy is to acquire and develop a significant portfolio of precious metal projects in Southeast Asia Southeast Asia, region of Asia (1990 est. pop. 442,500,000), c.1,740,000 sq mi (4,506,600 sq km), bounded roughly by the Indian subcontinent on the west, China on the north, and the Pacific Ocean on the east. , capitalizing on managements' extensive contacts and experience in this region. -0- THE ALBERTA STOCK EXCHANGE HAS NEITHER APPROVED NOR DISAPPROVED THE CONTENTS OF THIS PRESS RELEASE CONTACT: Aurient Resources Ltd. Stan Bagnall, 44/1892-653-588 44/1892-669-272 (FAX) or Aurient Resources Ltd. Allan Dolan, 403/543-2589 403/543-2599 (FAX) or Aurient Resources Ltd. Colin Bryant, 619/315-9339 619/332-2146 (FAX) |
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