CORRECTION/Southwestern Gold - Peru Joint Venture Agreement Signed with RTZ.VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 8, 1996-- Southwestern Gold Corporation (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :SWG SWG abbr. standard wire gauge ) is pleased to announce that it has signed a definitive agreement with RTZ Mining and Exploration Limited to jointly explore on a 50/50 basis 14 properties totalling 70,500 hectares within various mineral belts in Southern Peru. The properties comprise exploration concessions simultaneously applied for by both companies on January 2, 1995. The properties host various types of 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. including copper-gold skarns, epithermal gold and copper-gold porphyries. Airborne geophysics and preliminary field investigations have identified a number of 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. areas requiring detailed follow-up to define drill targets. An aggressive exploration program for 1996 is to be initiated immediately. RTZ is the operator. -0- NOTE TO EDITORS: The Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. has not reviewed and is not responsible for the adequacy or accuracy of this release. CONTACT: Southwestern Gold Corporation George Plewes, 604/669-2525; Fax: 604/688-5175 |
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