Leader Mining International Inc.: Definition Drilling At the Emory Zone Starting March 4, 2002.Business Editors VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 21, 2002 On March 4th, Leader Mining is scheduled to start a 1,200 meter (22 hole) core drilling program within the Emory Zone at the Cogburn Magnesium Project. The program is designed to define a high-grade surface mineable magnesium reserve as part of the Production Feasibility Study The analysis of a problem to determine if it can be solved effectively. The operational (will it work?), economical (costs and benefits) and technical (can it be built?) aspects are part of the study. Results of the study determine whether the solution should be implemented. announced by the Company on February 13th. This definition core drilling is designed to block out about 15 million tonnes of magnesium ore, adequate to supply feedstock for a 120,000 metric ton per year high-quality magnesium metal production refinery for 15 years. This 50 meter spaced definition drilling is focused on 300 meters strike length of the 20 km long intrusive body. Earlier wide spaced drilling by Leader Mining (December 2001) indicates the presence of other similar zones along the intrusive body. The core samples recovered from the definition drilling will also provide a composite bulk sample to conduct pilot scale metallurgical testing at Process Research ORTECH Inc. in Mississauga, Ontario For the First Nation, see . Mississauga (pronounced: [ˌmɪsɪˈsɑgə] listen and K-Utec (Kali Umwelttechnik) in Sondershausen, Germany towards the implementation of UTI/VAMI technology for production of the magnesium metal. To find out more about Leader Mining International Inc. (CDNX CDNX See Canadian Venture Exchange (CDNX). :LMN LMN lower motor neuron. ) (OTCBB OTCBB See OTC Bulletin Board (OTCBB). :LDRMF), visit our website at www.leadermining.com The Canadian Venture Exchange The Canadian Venture Exchange (CDNX) is now a defunct stock exchange having been acquired by the TSX Group in 2001 and renamed the TSX Venture Exchange. History of the Canadian Venture Exchange (CDNX) has neither approved nor disapproved of the information contained herein. |
|
||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion