Bell Coast and Staccato Begin Drilling Copper Basin, Nevada.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--April 6, 2004 Bell Coast Capital Corp. (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) ) and Staccato Gold Resources Ltd. (TSX VENTURE: CAT) have commenced drilling of the Copper Basin property located in the Battle Mountain/Eureka trend in central Nevada. The Copper Basin property is subject to an option agreement with Staccato, with Bell Coast acting as the operator of the project. Staccato can earn 20% of Bell Coast's interest in Copper Basin by covering all first year property payments and paying 20% of ongoing exploration costs. Copper Basin is one of five-advanced exploration; drill ready Nevada properties recently acquired from High Desert Minerals, a subsidiary of Royal Gold. Staccato and Bell Coast recently signed a formal agreement to jointly develop the five projects. Previous drilling on the Copper Basin property has intersected highly anomalous gold values (including 60 feet at 0.084 ounce per ton Gold; and 95 feet of 0.049 ounce per ton Gold) in a structurally controlled skarn-type 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. associated with major 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 . Magnetic surveys have also outlined a large strong anomaly in the area of intersecting in·ter·sect v. in·ter·sect·ed, in·ter·sect·ing, in·ter·sects v.tr. 1. To cut across or through: The path intersects the park. 2. structural patterns that has not been previously tested. The program will consist of seven RC holes and will test the extensions of previously intersected zones (three holes) and the area of the large magnetic anomaly Magnetic Anomaly may refer to:
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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