Corriente Announces Drilling Starts on High Grade Gold Veins at Famatina: High-Grade Silver Found in New Vein Zone at Famatina.VANCOUVER, B.C.--(BUSINESS WIRE)--Nov. 8, 1999-- Corriente Resources Inc. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CTQ CTQ Centre de Toxicologie du Québec CTQ Critical To Quality CTQ Cysteine Tryptophylquinone CTQ Confined to Quarters .) has started a 2000 metre diamond drill program testing the Company's Famatina high-grade gold vein project in La Rioja La Rioja Autonomous community (pop., 2001: 276,702), province, and historical region, north-central Spain. Covering 1,944 sq mi (5,035 sq km), it was known until 1980 as Logroño; its capital is Logroño city. Province, Argentina. The program is designed to provide confirmation of the Mexicana Ridge resource interpretation of 1,665,000 tonnes grading 32.1 g/t gold with 40 g/t silver and 1.3% copper. (See press release September 29/99). The second phase will test a number of veins indicated by isolated drill intercepts. These veins are peripheral to the first phase vein targets and have potential to add significantly to the Mexicana Ridge resource calculations as they are not included in our current resource estimate. Recent surface and underground sampling of these veins has produced numerous gold, silver and copper values that are consistent with the grades indicated above. These veins are exposed on surface over a length of up to 900 metres. It is planned to have all drilling completed by the middle of December. Separately, regional reconnaissance  This article or section needs copy editing for grammar, style, cohesion, tone and/or spelling.You can assist by [ editing it] now. work has uncovered several high-grade silver vein systems on the Famatina project. One of the vein systems truncates the eastern end of the Mexicana Ridge gold-silver-copper veins, which are the focus of the main exploration program at Famatina. This vein system is referred to as the Atacama and has returned numerous values above 30 g/t silver and a high value of 6300 g/t (183 oz/t) silver with 5.6 g/t gold and 2.2% copper. The strike length of the vein system as mapped is approximately 1100 metres and is open along trend. The veins appear to be 0.5 to 1.5 metres wide, which is typical at Famatina. An additional silver rich vein system has been found 2.5 kilometres to the southeast in the Los Bayos area. The 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. occurs over a strike length of at least 1250 metres with typical Famatina widths. Only preliminary assays are available, however, silver grades up to 1000 g/t (29 oz/t) have been noted. Further sampling and structural analysis is planned for both vein systems to bring these discoveries to the drill stage. Corriente is a Canadian based junior resource exploration company, which focuses its operations in Latin America Latin America, the Spanish-speaking, Portuguese-speaking, and French-speaking countries (except Canada) of North America, South America, Central America, and the West Indies. . The prime commodities sought by Corriente are gold, silver and copper in projects at the advanced drilling stage. The Company's three main projects are the Ecuadorean Rio Zamora copper 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. district, in partnership with Billiton Plc and Lowell Mineral Exploration; the Famatina high-grade gold-silver-copper vein system in Argentina and the Taca-Taca copper porphyry project which is currently being drilled by joint venture partner Rio Tinto Rio Tinto may refer to:
Henk Van Alphen, Vice President |
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