Blue Emerald Resources Inc. announces joint venture agreement with Noront Resources Ltd.TORONTO--(BUSINESS WIRE)--July 10, 1996--BLUE EMERALD RESOURCES (VSE See DOS/VSE. VSE - Virtual Storage Extended : BER (1) (Basic Encoding Rules) A set of encoding rules for ASN.1 notation, which is a method for defining data structures. See ASN.1. (2) (Bit Error Rate) The average number of bits transmitted in error. See BERT. 1. ) Derek Bartlett, President of Blue Emerald Resources Inc. (BER) is pleased to announce that the company has entered into a joint venture agreement with Noront Resources Ltd., (NOT) covering Noront's nine claims located in Keith Township, Ontario. Blue Emerald has agreed to complete an exploration program over the Keith Township project which will include no less than 2,000 feet of diamond drilling Diamond Drilling is a highly specialized industry used for mineral exploration around the world. Most commonly using wireline and core bits with diamond encrusted matrix. To drill holes to max depths of twelve thousand feet, for the recovery of core used in verifying mineral in order to earn a 50 percent interest in the project. This exploration program estimated to cost $125,000 will begin shortly. The property is located north of Horwood Lake, approximately 60 miles west of 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. and straddles the Destor/Porcupine fault. The property adjoins the former producing Joburke Mine to the south and adjoins Marshall Minerals Sangold Project to the west. Better results reported from Sangold project intersected "0.26 oz Au/ton over 49.3 feet including 7.5 feet averaging 0.88 oz Au/ton; 26 feet of 0.27 oz Au/ton and several narrower high grade sections." Secondly, the company wishes to report that compilation work on the company's 16 claims in the Trondheim area of central Norway Central Norway (Norwegian: Midt-Norge (bokmål); Midt-Noreg (nynorsk)) is an administrative division that includes the counties of Nord-Trøndelag, Sør-Trøndelag and Møre og Romsdal and is used by, for example, the Regional Health has been completed and field work is starting immediately. Information available indicated that the Mannfjellat and Oytro 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. is coincident with airborne EM anomalies which also extend beyond the known surface mineralization. Other similar anomalies occur in the area and no drilling is reported anywhere on the claims. The helicopter geophysical survey was flown in the early nineties by the Norwegian government after dump sampling indicated a mine grade at Mannfjellat of 5.0 percent Zn; 1 percent CU; 40 g/t Ag and 1 g/t Au. The initial field work will consist of geochemical soil sampling with concurrent sampling of all mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. outcrops, with emphasis on the geophysical anomalies with similar signatures as Mannfjellat and Oytro. A second phase exploration program consisting of trenching/drilling may assess the potential size of the Cu/Zn/precious metal deposit(s). Several other similar deposits in the area are currently under review for possible acquisition. ON BEHALF OF THE BOARD "D. Bartlett" Derek Bartlett - President The Vancouver Stock Exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has neither approved nor disapproved the information contained herein. CONTACT: Blue Emerald Resources Inc. Derek Bartlett, 416/864-1456 |
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