SOUTHWESTERN GOLD - DRILLING STARTS AT HUINCHOS COPPER-GOLD SKARN/PORPHYRY PROPERTY - PERU.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. , B.C.--(BUSINESS WIRE)--JUNE 20, 1995--Southwestern Gold Corporation is pleased to announce that the planned drilling program on the Huinchos copper-gold skarn/porphyry property in Peru has been initiated and the first hole is expected to be collared by weeks end. The property is located about 90 kilometres southwest of Cuzco Cuzco or Cusco (both: k  `skō), city (1993 pop. 97,466), alt. 11,207 ft (3,416 m), capital of Cuzco dept. and is a
joint venture between Southwestern (50 percent - SWG-V,T), Cambior Cambior Inc. was a Canadian based international gold producer with operations, development projects and exploration activities in the Americas. Cambior’s shares traded on the Toronto (TSX) and American (AMEX) stock exchanges under the symbol “CBJ”. (35
percent - CBR-M,T) and Cambiex (15 percent - CBX-M,T).An extensive skarn/porphyry system underlies the property and has been traced for 2.5 kilometres in outcrop and trenches. The width of this zone is up to 1 kilometre. Significant continuous rock chip samples in trenches include the following: -0-
Width Assay
(metres) Copper Gold
(percent) (g/t)
10 0.6 0.12
15 1.5 0.05
5 2.3 0.29
8 1.3 0.17
11 0.6 0.11
10 0.6 0.24
10 1.1 0.10
10 1.3 0.33
10 4.5 0.58
10 1.4 0.31
10 0.9 0.12
10 0.8 0.12
10 6.0 1.32
10 1.6 0.11
11 0.7 0.14
10 0.3 0.04
10 1.0 0.10
11.5 3.1 0.57
The Huinchos property adjoins Southwestern's 100 percent owned Pistoro Cu-Au 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. where drilling is planned for early July July: see month. . John G. Paterson Paterson, city (1990 pop. 140,891), seat of Passaic co., NE N.J., at the falls of the Passaic River; inc. 1851. Founded in 1791 by Alexander Hamilton and others of the Society for Establishing Useful Manufactures, Paterson was a planned attempt to promote industrial President The Vancouver and Toronto Stock Exchanges Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. have not reviewed and do not accept responsibility for the adequacy or accuracy of this release. CONTACT: George H. Plewes, Chairman 604/669-2525 604/688-5175 (Fax) |
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