BRAZILIAN RESOURCES ANNOUNCES FURTHER DRILLING RESULTS WITH HIGH GRADE GOLD MINERALIZATION.MANCHESTER, NEW HAMPSHIRE--(BUSINESS WIRE)--MAY 31, 1995-- BRAZILIAN 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. : BZIN) Brazilian Resources, Inc. (BRAZILIAN) today announced priority assay results from its gold exploration properties in the state of Mato Grasso, Brazil. Daniel R. Titcomb, President, reported, "Hole F-04 returned values of 9.6 g Au/tonne over a core length of 1.35 m and Hole F-06 returned 104.0 g Au/t over 0.71 m and 78.2 g Au/t over 0.75m. We are very encouraged by these results for they continue to substantiate To establish the existence or truth of a particular fact through the use of competent evidence; to verify. For example, an Eyewitness might be called by a party to a lawsuit to substantiate that party's testimony. our geological model of world-class gold environment." These results are from BRAZILIAN'S continuing exploration activities on the Filao property, one of seven 10 km x 10 km concessions immediately south of is Cedro Bom concessions. These concessions cover a 70 km strike length along a major regional break associated with gold 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. . Six holes totaling 691 m, tested 100 meters of strike on the Filao vein structure beneath the surface trench. Previous surface samples from the vein returned an average grade of 11.8 g Au/t (uncut) over 1.3 m. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. BRAZILIAN's consulting geologist, Dr. William Pearson William Pearson may refer to:
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. and geochemical targets have been located on the original Cedro Bom I & II concessions and only a small number were tested in this program." The next exploration phase is currently being developed and is anticipated to be completed by the end of the third quarter. BRAZILIAN is an exploration and development company quoted on the Canadian Dealing Network under the symbol "BZIN". The company has begun technical reviews and site visits with several potential joint venture partners regarding its gold properties, and expects to begin alluvial al·lu·vi·al adj. Of, relating to, or found in alluvium: alluvial soil; alluvial gold. alluvial Adjective of or relating to alluvium Noun production on other properties by the end of 1995. CONTACT: Brazilian Resources, Inc. Mr. Daniel Titcomb President or Mr. Jeffrey Kirchhoff Chief Financial Officer (603) 627-3700 (603) 627-9920 (Fax) |
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