Cypango Ventures -- drilling to commence shortly at Yamba Lake.VANCOUVER, B.C.--(BUSINESS WIRE)--Oct. 8, 1996--The company is pleased to announce that through its operator, Canamera Geological Ltd., seven first priority targets have been identified on the Yamba Lake claim block (Joint Venture with Mill City/Tanqueray). These targets were identified by kimberlite indicator mineral dispersion trains with high concentrations of the indicator minerals-olivine, pyrope py·rope n. A deep red garnet, Mg3Al2Si3O12, used as a gem. [Middle English pirope, from Old French, from Latin & eclogitic garnet, chrome diopside diopside Common silicate mineral in the pyroxene family. Diopside is a calcium and magnesium silicate (CaMgSi2O6) that occurs in metamorphosed siliceous limestones and dolomites, in skarns, and in igneous rocks. and ilmenite ilmenite (ĭl`mĕnīt), black mineral, iron titanium oxide, FeTiO3, crystallizing in the hexagonal system. It is sometimes found as tabular hexagonal crystals but occurs more commonly as small grains in igneous and metamorphic . The existence of these indicator mineral trains, combined with geophysical data previously obtained, indicate a large number of kimberlite targets. Five diamondiferous kimberlite pipes have already been proven to exist on the property. Drilling is expected to commence by Oct. 21. -0- CYPANGO VENTURES LTD. (TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). :CAV.) CONTACT: Cypango Ventures Ltd. William D. Friesen, 604/688-6306, (fax) 604/688-9519 1-800-545-7214 |
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