MSV Resources Inc. Update on Exploration Drilling at the Copper Rand Mine.MONTREAL Montreal (mŏn'trēôl`), Fr. Montréal (môNrāäl`), city (1991 pop. 1,017,666), S Que., Canada, on Montreal island, surrounded by St. Lawrence River and Rivière des Prairies. , Quebec--(BUSINESS WIRE)--March 25, 1996--MSV RESOURCES 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, TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : MSV mSv Millisievert (measure of radiation dose) MSV Medical Society of Virginia MSV Maize Streak Virus MSV Mobile Satellite Ventures LP (Reston, Virginia) MSV Men Stopping Violence ) MSV Resources Inc. ("MSV") is pleased to announce that the exploration efforts undertaken by the Company between levels 4,000 and 5,000 of the Copper Rand Rand See Witwatersrand. rand 1 n. See Table at currency. [Afrikaans, after(Witwaters)rand. Mine continue to yield successful results. To date, 37 diamond drill holes have been completed, with a vast majority intersecting in·ter·sect v. in·ter·sect·ed, in·ter·sect·ing, in·ter·sects v.tr. 1. To cut across or through: The path intersects the park. 2. gold and copper mineralized min·er·al·ize v. min·er·al·ized, min·er·al·iz·ing, min·er·al·iz·es v.tr. 1. To convert to a mineral substance; petrify. 2. To transform a metal into a mineral by oxidation. 3. horizons (see next page). The work undertaken so far has clearly established the presence of three (3) systems of mineralized lenses in this area of the mine, with average gold and copper grades presented in the table below. In addition to extending beyond Level 5,000, that is more than 1,000 vertical feet, these systems have also been intersected laterally lat·er·al adj. 1. Of, relating to, or situated at or on the side. 2. Of or constituting a change within an organization or a hierarchy to a position at a similar level, as in salary or responsibility, to the one being left: over 1,500 feet. -0- DEEP DRILLING - COPPER RAND MINE RESULTS
HORIZON VEIN HORIZONTAL WIDTH GRADE
(Average / in feet) Au (oz/t) Cu
(percent)
No.1 44-4, 44-6, 48-5 17.7 0.087 1.01 No.2 41-6 10.3 0.174 1.40 No.3 37-1, 37-3 8.2 0.158 1.27 -0- These results definitely confirm the improvement in gold grades at depth over existing operating conditions, which had been suspected from the very beginning of the present drilling campaign. In view of these results, MSV intends to complete the program by immediately proceeding with the drilling of 12 additional holes before the end of the second quarter of 1996. This final series of holes will then enable MSV to begin calculating the mineable reserves of these zones. -0-
Copper Rand Deep Drilling Program/Selected Drill Hole Results
HORIZON No. 1
Holl No. Vein Level Horizontal Grade
Width Au (oz/t) Cu
(percent)
36-R-240 48-5 4500 2.0 0.121 1.30
36-R-241(1) 48-5 4860 17.0 0.054 1.82
48-5 4920 20.0 0.206 2.93
48-5 4980 5.0 0.234 1.42
38-R-249(1) 48-5 4950 4.0 0.235 0.54
48-5 5020 37.0 0.078 1.21
36-R-251(1) 48-5 4500 5.0 0.145 1.51
37-R-52 44-4 4050 14.0 0.152 1.86
37-R-57 44-4 4040 30.0 0.095 1.20
37-R-65 44-4 4030 36.0 0.116 0.90
37-R-68 44-4 4040 23.0 0.153 1.63
37-R-80 44-4 4070 20.0 0.198 1.69
36-R-266 35-1 4450 8.0 0.070 5.25
HORIZON No. 2
36-R-241(1) 41-6 4320 12.0 0.522 2.65
36-R-249(1) 41-6 4350 12.0 0.193 1.10
36-R-250 41-6 4150 3.0 0.125 5.35
36-R-251(1) 41-6 3900 35.0 0.355 1.46
36-R-254 41-6 4050 5.0 0.130 0.26
36-R-255 41-6 3930 18.0 0.129 1.27
38-R-25 41-6 3870 4.0 0.141 1.74
41-6 3870 4.0 0.145 1.70
38-R-26 41-6 3870 24.0 0.153 0.83
41-6 3870 11.5 0.103 2.26
37-R-105 41-6 4100 3.0 0.150 17.10
HORIZON No. 3
36-R-242 37-1 3800 10.0 0.191 0.55
36-R-243 37-1 3825 12.0 0.129 0.29
36-R-247(1) 37-1 3800 5.0 0.395 1.98
37-1 3830 4.0 0.114 0.77
36-R-248 37-1 3810 5.0 0.153 0.40
37-1 3900 4.0 0.144 1.08
3700 6.5 0.208 1.45
36-R-249(1) 37-1 3800 4.0 0.406 2.39
36-R-258 37-1 3850 4.2 0.064 2.10
36-R-260 37-3 4050 3.0 0.360 2.72
38-R-25A 37-1 3950 15.5 0.167 0.97
36-R-272 37-1 4000 6.0 0.218 3.79
(1)Already published CONTACT: MSV Resources Inc. Mario Mario (mär`yō), 1810–83, stage name of Giovanni Matteo, Cavaliere di Candia, Italian tenor. An officer of the Piedmontese guard, he went to Paris in 1836 and studied at the Paris Conservatory, making his debut (1838) at the Paris Opera Caron “Hacek” redirects here. For the group of bacteria, see HACEK organism. A caron ( ˇ ) or háček (pronounced [ˈhɑːʧɛk]; Chairman of the Board and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. 514/875-9033 or MSV Resources Inc. Eric Lasalle Director, Investor Relations Investor relations The process by which the corporation communicates with its investors. 514/875-9033 |
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