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DYNACOR IN SECOND PHASE ON SAKAMI PROJECT.


MONTREAL, QUEBEC--(BUSINESS WIRE)--APRIL 10, 1995--DYNACOR MINES INC inc - /ink/ increment, i.e. increase by one. Especially used by assembly programmers, as many assembly languages have an "inc" mnemonic.

Antonym: dec.
. (ME:DYN) Dynacor Mines Inc. announces that it will undertake this coming summer the second phase of its exploration program on its wholy owned Sakami project in the James Bay James Bay, shallow southern arm of Hudson Bay, c.300 mi (480 km) long and 140 mi (230 km) wide, E central Canada, in Nunavut Territory between Ont. and Que. Numerous rivers flow into the bay; many of these have been developed for hydroelectric power in Quebec (see  area south of LG-2.

The 50 km2 property contains a uranium-bearing deposit where geological reserves identified by Inco and the James Bay Development Corporation after 14,000 metres 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  from 1971 to 1975 presently amount to 8.5 million tons of ore with a percentage of 0.052% in uranium.

During the summer of 1994, Dynacor carried out preliminary work which enabled it to discover anomalous zones containing gold, nickel, cobalt, arsenic, chrome and rate earth minerals. According to according to
prep.
1. As stated or indicated by; on the authority of: according to historians.

2. In keeping with: according to instructions.

3.
 the data that was collected, numerous geological contexts provide discovery possibilities for base metals as well as for precious metals Precious Metals

Valuable metals such as gold, iridium, palladium, platinum, and silver.

Notes:
Investing in precious metals can be done either by purchasing the physical asset, or by purchasing futures contracts for the particular metal.
, including platinum group elements.

CONTACT: Dynacor Mines Inc.

Marc Blais, (514) 871-9742

Roger Doucet, (819) 874-0691

Compuserve Code: 75771,1267
COPYRIGHT 1995 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1995, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Apr 10, 1995
Words:160
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