Bell Coast Capital Corp.- Mongolia Exploration Begins.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--April 2, 2004 Bell Coast Capital Corp. ("Bell Coast") (TSX TSX Toronto Stock Exchange (TSE before April, 2002) TSX Transfer from Stack Pointer to Index TSX True Space Extension VENTURE: BCP BCP Best Current Practice(s) BCP Business Continuity Planning BCP Business Continuity Plan BCP Book of Common Prayer BCP Banco Comercial Português BCP Bureau of Consumer Protection (US Federal Trade Commission) ) is pleased to announce that a program consisting of induced polarization Induced polarization (IP) is a geophysical imaging technique used to identify subsurface materials, such as ore. The method is similar to electrical resistivity tomography, in that an electric current is induced into the subsurface through two electrodes, and voltage is surveys over the buried intrusive on the company's Shadow Mountain Property will commence early next week. The Shadow Mountain prospect located in the southwest corner of the Gobi Desert Gobi Desert Desert, Central Asia. One of the great desert and semidesert regions of the world, the Gobi stretches across Central Asia over large areas of Mongolia and China. , covers approximately 100,000 hectares and is in close proximity to Ivanhoe Mines to the north and east. To date, Bell Coast geologists have completed surface prospecting, limited shallow drilling, mapping, and magnetic and induced polarization (IP) geophysical surveys Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. . The exploration team has observed copper staining and copper 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. in ten separate locations within an east trending zone that is three kilometers long and between two and three hundred meters wide. Surface samples collected within this zone have assayed up to 2.76% copper, 1.64 grams/tonne gold and 0.27% molybdenum molybdenum (məlĭb`dənəm) [Gr.,=leadlike], metallic chemical element; symbol Mo; at. no. 42; at. wt. 95.94; m.p. about 2,617°C;; b.p. about 4,612°C;; sp. gr. 10.22 at 20°C;; valence +2, +3, +4, +5, or +6. . Results from recently completed IP and magnetic surveys and shallow drilling have yielded several promising targets. Insight Geophysics Inc. of Toronto, Canada has been contracted to conduct the survey using an innovative, deep penetrating, diagnostic technique designed by the principles of Insight. Approximately 200 km of surveying will be completed in the initial phase of the program to cover the intrusive in the vicinity of the Shadow Mountain Copper-Gold prospect previously discovered by Bell Coast. The prospect consists of several surface exposures of 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. copper-gold style mineralization. A drill program completed in early 2003 confirmed the style and highly anomalous nature of mineralization and indicated the potential for enriched supergene su·per·gene n. A group of closely linked genes occupying a large chromosomal segment and frequently functioning as a genetic unit. zones in the alluvium al·lu·vi·um n. pl. al·lu·vi·ums or al·lu·vi·a Sediment deposited by flowing water, as in a riverbed, flood plain, or delta. Also called alluvion. covered areas of the property. Concurrent with the geophysical program a crew will complete magnetic surveys, soil geochemical surveys and prospecting and mapping on the adjacent claim block to follow up three new copper-gold zones discovered in a recent regional mapping program. It was also noted that the intrusive that hosts the original Shadow Mountain Prospect continues onto this adjacent claim. It is anticipated that the induced polarization survey will continue over the area of the new showings at the conclusion of the above mentioned surveys. Bell Coast's exploration programs are under the direction of the Company's two senior geologists, Mr. Ken Thorsen, P.Eng., and Mr. Robert Weicker, P. Geol. (qualified person). Following the recent surface discovery at Shadow Mountain, Mr. Thorsen joined the company as a member of the board and Vice-President of Exploration. Mr. Thorsen has over 35 years experience in mineral exploration worldwide. He was formerly the President of Teck Exploration Ltd. and has been credited with the discovery of several mines. He has vast experience in exploration for many commodities, including gold, silver, copper, zinc, nickel, platinum, palladium, diamonds and uranium and has been involved in exploration programs in Mexico, Canada, USA, Peru, Chile, Brazil, Argentina, Venezuela, Australia, China, Africa, Panama and Central Asia. Bell Coast has assembled a team of professionals that is familiar with the geology and operational logistics of Mongolia. Mine Info Inc., a Mongolian based exploration team of Soviet trained geologists, with regional experience in the South Gobi Region, has been retained by the Company on a contract basis to assist in various work programs. The team can handle multiple functions related to acquisition, evaluation and exploration with support from the Canadian office. In addition, Bell Coast maintains an office in Mongolia's capital city, Ulaan Bataar. BELL COAST CAPITAL CORP. Rahoul Sharan, President WARNING: The Company relies on litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. protection for "forward looking" statements. Actual results could differ materially from those described in the news release as a result of numerous factors, some of which are outside the control of the Company. The TSX has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this News Release. |
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