BAND-ORE RESOURCES LTD--DRILLS TURNING NEW ACQUISITIONS.TORONTO--(BUSINESS WIRE)--Feb. 13, 1995--BANDORE RESOURCES (CANADIAN DEALING NETWORK Canadian Dealing Network (CDN) The organized OTC market of Canada. Formerly known as the Canadian Over-the-Counter Automated Trading System (COATS), the CDN became a subsidiary of the Toronto Stock Exchange in 1991. :BNDR ) Band-Ore Resources Limited (the "Company") is pleased to announce the addition of two key acquisitions to its stable of properties west of the prolific Timmins, Ontario This article is about city in Ontario, Canada. For other uses, see Timmins (disambiguation). Timmins, with a population of 42,997 (2006), is a city in northeastern Ontario, Canada on the Mattagami River. At 2,961. , gold mining camp. Gold production in this camp now exceeds 60 million ounces, more than 3 times the total reserves at Hemlo. ROSS PROPERTY The Company has acquired the right to earn a 100 percent interest in 2 claim groups totaling 15 claim units, immediately on strike and contiguous to the Sewell-Reeves property where Hemlo Gold Mines recently announced a discovery hole grading 0.19 ounces gold per ton over 39 feet. The Ross property is located in Penhorwood Township and is contiguous to the north and on strike to the Nat River project of Otis J. Exploration Corporation. Otis J. recently announced the commencement of a drilling program on six geophysical ge·o·phys·ics n. (used with a sing. verb) The physics of the earth and its environment, including the physics of fields such as meteorology, oceanography, and seismology. targets on the northern half of their property. This month Band- Ore will drill test an I.P. anomaly Abnormality or deviation. Pronounced "uh-nom-uh-lee," it is a favorite word among computer people when complex systems produce output that is inexplicable. See software conflict and anomaly detection. in the area of a gold and zinc showing that is situated along the Destor-Porcupine Fault. Quartz carbonate carbonate (kär`bənāt', –nət), chemical compound containing the carbonate radical or ion, CO3−2. Most familiar carbonates are salts that are formed by reacting an inorganic base (e.g. zones, utramafic flows and porphyritic por·phy·rit·ic also por·phy·rit·i·cal adj. 1. Of or containing porphyry. 2. Containing relatively large isolated crystals in a mass of fine texture. Adj. 1. intrusive rocks (Geol.) rocks which have been forced, while in a plastic or melted state, into the cavities or between the cracks or layers of other rocks. The term is sometimes used as equivalent to plutonic rocks ltname>. It is then contrasted with effusive or volcanic rocks. See also: Intrusive similar to those found in association with the Hemlo/Glen Auden/Canadian Gold Dragon discovery are known to occur on the Ross property. TRIPLE "L" PROPERTY The Company has acquired a 100 percent interest in 56 claim units straddling strad·dle v. strad·dled, strad·dling, strad·dles v.tr. 1. a. To stand or sit with a leg on each side of; bestride: straddle a horse. b. the Destor-Porcupine Fault in Penhorwood Township. These claims are contiguous to the south of Otis J. Explorations' Nat River property and cover the southwestern extension of the Destor-Porcupine Fault. Band-Ore now has 6 projects in the Timmins west camp, 3 of which have been optioned to major mining companies in the last twelve months (TECK-Bristol Lake property, HEMLO-Thunder Creek property, CAMECO-Wakemac property). The company also has a new gold discovery on the company's 100 percent owned THORNE PROPERTY. THORNE PROPERTY The Company has commenced drilling on its 100 percent owned Thorne property located in Bristol and Thorneloe Townships. The drilling program is testing the on strike extension of the Kapika Zone (290,000 tons of 0.074 ounces gold per ton) and the recently announced gold discovery 1.5 miles to the west of the Kapika Zone. Several major mining companies have expressed an interest in optioning, joint-venturing and/or acquiring the Thorne property. CONTACT: Wayne J. O'Connor, President, 416/365-0811 |
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