Bell Geospace Announces Airborne Gravity Gradiometry Survey at Bathurst Camp.Business Editors BATHURST, New Brunswick--(BUSINESS WIRE)--Feb. 23, 2004 Bell Geospace Inc. (BGI BGI Barclays Global Investors BGI Bainbridge Graduate Institute BGI Bureau Gravimétrique International BGI Borland Graphic Interface (File Name Extension) BGI Bridgetown, Barbados - Grantley Adams International ) of Houston, Texas, announced that it has been contracted by Noranda Inc. to conduct airborne gravity and gravity gradiometry surveys within the Bathurst mining camp in northern New Brunswick as part of its advanced exploration technologies program. The Bell Geospace Air-FTG(TM) survey consists of 15,200 line kilometres covering approximately 2,755 square kilometres. This project is part of the three-year (with the possibility of a two-year extension) advanced technology exploration program that has been approved by the New Brunswick government, which is providing 50% of the funding for this year's $5 million exploration campaign. The objective of the Air-FTG(TM) survey is to assist Noranda and their Joint-Venture partner, Slam Exploration Ltd., in the discovery of new deposits in the Bathurst mining camp. Scott Hammond, president & COO of BGI in Houston, said, "We are pleased to have the opportunity to provide our state-of-the-art Air-FTG(TM) geophysical data to Noranda for this important project. It is especially gratifying grat·i·fy tr.v. grat·i·fied, grat·i·fy·ing, grat·i·fies 1. To please or satisfy: His achievement gratified his father. See Synonyms at please. 2. to see the New Brunswick Department of Natural Resources Many sub-national governments have a Department of Natural Resources or similarly-named organization:
"The new exploration program proposed in the Bathurst mining camp is based on new technologies, which will attempt to detect buried mineral deposits that traditional exploration surveys failed to locate. The application of this new technology will potentially give us a series of new targets as well as to assist in the interpretation of structurally complex geological stratigraphy stratigraphy, branch of geology specifically concerned with the arrangement of layered rocks (see stratification). Stratigraphy is based on the law of superposition, which states that in a normal sequence of rock layers the youngest is on top and the oldest on the ," stated Normand Dupras, Exploration Manager for Bathurst. Noranda is a leading copper and nickel company with investments in fully integrated zinc and aluminum assets. The Company's primary focus is the identification and development of world-class copper and nickel mining deposits. It employs 15,000 people at its operations and offices in 17 countries and is listed on The New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. and The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (NRD NRD National Registration Database (Canada) NRD Natural Resources District (Nebraska) NRD Natural Resource Damage NRD Navy Recruiting District NRD Normal Retirement Date NRD Natural Resources Department ). Slam Exploration is a mineral resource company based in Miramichi, New Brunswick See Miramichi for other uses, and for information concerning the word's origin Miramichi is the largest city in northern New Brunswick, Canada. It is situated at the mouth of the Miramichi River where it enters Miramichi Bay. . In addition to its Bathurst JV, Slam hold interests in 967 claim units that cover 15,472 hectares in the gold-producing Uchi sub-province of Ontario. Bell Geospace Inc. develops and sells high-resolution gravity based solutions to the mining, oil and gas, and government market using its Full Tensor tensor, in mathematics, quantity that depends linearly on several vector variables and that varies covariantly with respect to some variables and contravariantly with respect to others when the coordinate axes are rotated (see Cartesian coordinates). Gradiometer systems. Bell's Air-FTG(TM) system is the world's only commercial airborne gradiometer capable of measuring all independent components of the gradient tensor. Further information about BGI can be found at its Web site www.bellgeo.com. |
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