Printer Friendly
The Free Library
19,122,084 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Odyssey's Eastern Anatolides Field Program Completed.


TORONTO -- Avrom E. Howard, President 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.  of Odyssey Resources Limited (TSX TSX Toronto Stock Exchange (TSE before April, 2002)
TSX Transfer from Stack Pointer to Index
TSX True Space Extension
 VENTURE:ODX ODX Olympic Dam Expansion Project ) reports that Odyssey geologists have recently completed a field program over sites delineated through the processing and interpretation of Aster satellite images over its Eastern Anatolides copper-gold porphyry Porphyry, Greek scholar
Porphyry (pôr`fĭrē), c.232–c.304, Greek scholar and Neoplatonic philosopher. He studied rhetoric under Cassius Longinus and philosophy under Plotinus.
 project area in Turkey. This generative program is a 50/50 joint venture between Odyssey and BHP Billiton BHP Billiton is the world's largest mining company.[1] Its origin is in the 2001 merger of Australia's Broken Hill Proprietary Company (BHP) and the UK's Billiton, which has a South African background. The result is a dual-listed company. . Several samples were collected by Odyssey geologists from specific locations for detailed spectrographic analysis that will in turn enable ground calibration of the satellite images and hence greater resolution in pinpointing areas of hydrothermal hydrothermal, hydrothermic

relating to the temperature effects of water, as in hot baths.
 alteration of the type associated with porphyry copper-gold deposits. The images are being processed and interpreted by GeoSense Inc., an integrated remote sensing consultancy based in Holland. Acquisitions will be made based upon the results of this refined satellite image processing and follow up field checks.

Elsewhere in Turkey, Odyssey has recently commissioned the international clay consulting firm of Peter W. Harben Inc., to review the Company's clay deposits found on its Lucky Star property, just outside the port city of Fatsa, where montmorillonite-rich bentonite bentonite (bĕn`tənīt'): see clay.  deposits have been identified. Detailed analyses of the clays are being undertaken to be followed by a market study. Industrial clays are widely used from ceramics to cosmetics and house paint to environmental filters, and are the focus of a global, multi-billion dollar industry. Once the specific qualities of the clays found within the Company's property have been determined, Odyssey management will consider how these deposits may be advanced.

Odyssey management remains confident in the merit and future prospects all of its projects and properties in Turkey, and looks forward to reporting progress on them as they are achieved.

Gregory B. Maynard, P.Geo. (Arizona) is the Qualified Person for this project, under the terms of National Instrument 43-101 and along with Avrom E. Howard, P.Geo. (Ontario) is responsible for the information contained in this news release.

The statements made in this Press Release may contain forward-looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections.

The TSX Venture Exchange TSX Venture Exchange

Originally called the Canadian Venture Exchange (CDNX), this was a result of the merger of the Vancouver and Alberta stock exchanges. The goal of TSX Venture Exchange is to provide venture companies with effective access to capital while protecting investors.
 has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.

Odyssey Resources Limited (TSX VENTURE:ODX)
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Geographic Code:1CANA
Date:May 17, 2005
Words:377
Previous Article:Vignette Creates Division to Help Healthcare Providers and Insurance Carriers Drive Operational Efficiency.
Next Article:PerkettPR, Inc. Featured at 'Masters of PR' Event; Vice President, Heather Mosley, to Present Award-Winning, Consumer Technology Case Study at...



Related Articles
Web review--Craig Roland. (Resource Center).
Insight from the outside.
Odyssey youth center -- Spokane, WA.
Odyssey Re Holdings Corp. to Release Second Quarter Earnings.
Odyssey Re Holdings Corp. To Release Third Quarter Earnings.
Odyssey & BHP Billiton Advance Copper-Gold Porphyry Program.
Odyssey Re Holdings Corp. To Release First Quarter Earnings.
Odyssey-Sampling Program At Tavsan Gold Property Completed.
Odyssey Re Holdings Corp. to Release Second Quarter Earnings.
Odyssey Re Holdings Corp. To Release Third Quarter 2005 Earnings.

Terms of use | Copyright © 2012 Farlex, Inc. | Feedback | For webmasters | Submit articles