Electra Mining Consolidated Ltd. - Aurora Drilling Results.VANCOUVER Vancouver, city, Canada Vancouver, city (1991 pop. 471,844), SW British Columbia, Canada, on Burrard Inlet of the Strait of Georgia, opposite Vancouver Island and just N of the Wash. border. , Bc--(BUSINESS WIRE)--Jan. 16, 1996--ELECTRA MINING (VSE See DOS/VSE. VSE - Virtual Storage Extended :ELC ELC Early Learning Centre (UK) ELC Environmental Law Centre (Canada) ELC Environmental Learning Center (Vero Beach, FL) ELC Education Law Center ELC Early Learning Coalition ) Aurora Aurora, cities, United States Aurora (ərôr`ə, ô–). 1 City (1990 pop. 222,103), Adams and Arapahoe counties, N central Colo., a growing suburb on the east side of Denver; inc. 1903. Drilling Results Encouraging assay results were received last week from the current program of reverse circulation drilling at Electra's Aurora Gold Mine located 28 miles southwest of Hawthorne, Nevada Hawthorne is a census-designated place (CDP) in Mineral County, Nevada, United States. The population was 3,311 at the 2000 census. It is the county seat of Mineral CountyGR6. The nearby Hawthorne Army Depot is the primary economic base of the town. . This program was designed to test the potential extension of reserves adjacent to the western margin of the Humboldt Humboldt, city, United States Humboldt (hŭm`bōlt), city (1990 pop. 9,651), Gibson co., W central Tenn.; inc. 1865. It is a trade and processing center in a region yielding fruits (especially strawberries) and vegetables. open pit. Results from the ten holes currently being reported show significant 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. in nine of those holes and are as follows: -0- Hole No Interval (ft) Length (ft) Gold (oz/ton)
95009 635-660 25 0.053
95010 120-125 5 0.064
95011 No Significant Results
95012 245-255 10 0.078
95013 220-230 10 0.135
300-310 10 0.105
95014 125-135 10 0.078
375-385 10 0.061
95015 60- 80 20 0.127
160-185 25 0.275
225-290 65 0.119
95016 75- 85 10 0.104
150-160 10 0.083
180-200 20 0.142
200-220 20 0.041
95017 160-170 10 0.091
220-230 10 0.077
95018 345-360 15 0.121
380-390 10 0.085
Assay results from the first eight holes which were announced on
September 27, 1995 were as follows:
Hole No Interval (ft) Length (ft) Gold (oz/ton)
95001 (Prev. 150-175 25 0.075
reported)
95002 100-155 55 0.126
including 100-110 10 0.219
including 130-150 20 0.194
95003 No Significant Results
95004 155-165 10 0.098
175-185 10 0.123
95005 190-205 15 0.173
95006 240-250 10 0.110
95007 No Significant Results
95008 No Significant Results
Gold-bearing Adj. 1. gold-bearing - containing gold; "auriferous quartz veins" auriferous metal, metallic - containing or made of or resembling or characteristic of a metal; "a metallic compound"; "metallic luster"; "the strange metallic note of the meadow lark, intercepts have been encountered in 14 of the 18 holes drilled on the west extension of the Humboldt open pit. The 1996 program is currently underway and an additional 18 reverse circulation drill holes should be completed over the next two weeks. A fill-in drilling program is also planned for the Hilton area at the east end of the Humboldt pit in order to complete a pre-feasibility study on the potential for additional mineable reserves at both the eastern and western pit margins by the end of February. ON BEHALF OF THE BOARD Douglas B. Stelling President The Vancouver Stock exchange Vancouver Stock Exchange (VSE) A securities and options exchange in Vancouver, British Columbia, (Canada), specializing in venture capital companies. Vancouver Stock Exchange See Canadian Venture Exchange (CDNX). has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. CONTACT: Douglas B. Stelling 604/685-4747 604/685-4730 |
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