Hi everyone who might still be out there following this thread!
This is to inform you that Copper Hill Corporation still exists and is alive and well.
It has however been trading on the CDNX exchange since October 2nd, 2000.
I have noticed that the "Copper Hill' thread has been continued as "YCU-Copper Hill Resources". Please note however that "YCU" is the symbol for the CDNX listed "Copper Hill Corporation". Copper Hill Resources Inc. is a WHOLLY-OWNED subsidiary of Copper Hill Corporation.
I hope this clears things up!
Just for the record, I am taking the liberty of posting Copper Hill Corporation's latest Press Release here, but I suspect that the newer thread will prevail in the future.
RELEASE 01-1
January 11, 2001 STOCK SYMBOL: YCU (CDNX)
SHARES OUTSTANDING:17,247,140
(FULLY DILUTED: 18,351,140)
FOR: COPPER HILL CORPORATION ("COPPER HILL")
RE: Phase 1 Exploration Completed on Powderhorn Lake Property
Copper Hill Corporation, its wholly-owned subsidiary Copper Hill Resources Inc. (collectively "Copper Hill") and its exploration partner, Billiton Resources Canada Inc. ("Billiton") are pleased to report the completion of Phase I of exploration on the Powderhorn Lake project. A C$2.0 million exploration agreement between Copper Hill and Billiton was previously announced on September 27, 2000.
This phase of exploration which consisted of Induced Polarization (IP), Magnetometer and VLF-EM geophysical surveys as well as geological mapping and data compilation into GIS was completed in late November 2000 over a 27 line-km exploration grid north of Powderhorn Lake.
The geological and geophysical data have been interpreted by Copper Hill's geological consultant, Dr. Roger Wallis, geologist Frank Puskas and geophysical consultant, Laurie Reed. A number of anomalies have been delineated within felsic volcanic lithologies of the Buchans Robert's Arm Group, adjacent to and along strike from the previously drilled reconnaissance holes PN-99-01 and PN-99-02 reported in 1999.
Tenders have been invited for a 1,000 m Phase II diamond drilling program designed to test these anomalies. The program is scheduled to commence on or about January 18th, 2001.
The Powderhorn Lake project is situated in the Buchans-Robert's Arm Belt, in Central Newfoundland, 40km to the NE of the Buchans group of deposits which together produced 17.8 million tons of ore grading 14.88% Zn; 7.7% Pb; 1.3 % Cu; 88 g/t Ag & 1.28 g/t Au. Copper Hill and Billiton believe that the Powderhorn property is very prospective for the discovery of a new base metal deposit with significant open pit potential.
Copper Hill Corporation is listed on the Canadian Venture Exchange (CDNX) and holds several other mineral exploration projects in Newfoundland and Labrador. For further information, please call 709-739-4780; fax: 709-739-4785, or visit our web site home page at copperhillcorp.com to view project location maps and other data.
On behalf of the Board of Directors,
Earl R. Benson, President and Paris E. Georghiou, C.E.O. |
