Corum Announces Acquisition of Gold and Base Metal Projects in Northwest Territories, Canada.CORUM RESOURCE CORP.(VSE See DOS/VSE. VSE - Virtual Storage Extended : CMZ (programming) CMZ - A portable interactive code management system from CodeME S.A.R.L in use in the high-energy physics community. ) Corum Resource Corp. (VSE-CMZ) ("the Company") announced that it has completed negotiation of a formal agreement to acquire a 100 per cent interest in 13 claims totalling 23,600 acres strategically located within the NICO NICO Nissan Infiniti Car Owners NICO Nicodemus National Historic Site (US National Park Service) NICO Neuralgia-Induced Cavitational Osteonecrosis (medical) NICO Naftiran Intertrade Co Ltd , Sue-Dianne base and precious metal projects, Northwest Territories Northwest Territories, territory (2001 pop. 37,360), 532,643 sq mi (1,379,028 sq km), NW Canada. The Northwest Territories lie W of Nunavut, N of lat. 60°N, and E of Yukon. , Canada. Corum's property is immediately adjacent to Fortune Minerals Ltd. ("Fortune") NICO copper-cobalt-bismuth-gold prospect and adjoins Western Mines Corp. Mazenod Lake claims. Corum's OD 1 and 2 claims and DEN 1-11 claims cover extensions of the same Proterozoic age volcanic 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 which hosts 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. on the NICO property. (see attached map). Corum is planning a follow-up exploration program on the conductivity, magnetic and potassium, geophysical anomalies outlined on the claims to date. A program of detailed mapping, sampling, geochemistry and ground geophysics will commence to identify and prioritize 1996 drill targets. In addition Corum is aggressively seeking other gold and base metal projects to compliment its ground position in Voisey Bay, Newfoundland, the Northwest Territories and its oxide gold project in Mexico (the Paquime project). On Behalf of the Board of Directors of CORUM RESOURCE CORP. Frank A. Johnson President & Director -0- NOTE: Location map available from the Company at the phone number listed above. CONTACT: Corum Resource Corp. F. Johnson (604) 643-1711 or Barrington Communications Jill Brand 1-800-663-0321 |
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