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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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To: Chunger who wrote (44649)	7/12/2007 2:15:47 PM
From: koan	of 78417

Metco starts drilling at Mont de l'Observation Metco Resources Inc (C:MKO) Shares Issued 104,255,550 Last Close 7/11/2007 $0.13 Thursday July 12 2007 - News Release Mr. Florent Gauthier reports METCO BEGINS DRILLING ON MONT DE L'OBSERVATION PROPERTY, GASPE Metco Resources Inc. is starting a 1,500-metre drilling program on the Mont de l'Observation property located in the prolific copper district of the Gaspe peninsula, in Quebec. The work is done within a joint venture agreement on a 50:50 basis with Regal Consolidated Ventures Ltd. Metco acts as the operator. Located within the Murdochville, Chandler, Bonaventure triangle, the Mont de l'Observation property consists of 399 contiguous claims covering 22,283 hectares (19 kilometres by 14 kilometres). The geological context of the property is similar to that of the Michigan copper deposits. Malachite, chalcocite, bornite, native copper (with nuggets of up to 30 kilograms) and native silver have been noted on the property, in an environment of sandstones and volcanic rocks. The first drill holes will test the major structures intersecting the favourable horizons, namely the volcanic rocks. © 2007 Canjex Publishing Ltd.

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