VSE:IMR IMA EXPLORATION INC. SUMMER DRILL PROGRAM 1999-2000
Summer is just starting in Argentina. IMA has a great deal of property in known GOLD areas. They are now associated with Barrick in an exciting relationship in several of IMA'S properties. Barrick knows what IMA has and wants a share! Most of the 1.5 million $'s they have invested in IMA is going for the proving up of IMA'S properties. What a deal for Barrick!
Here is the latest News Release. Go to their web site at imaexploration.com to see for yourself the explosive potential in this stock's value. Be sure to look at the map associated with this news release. IMA HAS THE GOODS! Call IMA, their people are very well informed and willing to impart any DD information you may require to make an informed investment in a well visioned, managed, financed, and propertied junior mining exploration company.
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11/15/99 - IMA EXPLORATION INC ("IMR-V;IMXPF-L") - Exploration Program Underway Adjacent to Gold Discoveries Totaling - +25 Million Ounces
Mr. Joseph Grosso, President and C.E.O., is pleased to announce that IMA Exploration Inc. has commenced exploration in the Valle del Cura district of San Juan, Argentina. The company has budgeted a minimum expenditure of $1.125 million for work on five of IMA's nine properties in the Valle del Cura region, which hosts the Pascua and Veladero discoveries.
The Company's technical team will initially conduct follow-up exploration on the Rio de las Taguas and Potrerillos concessions (currently under option to Barrick Gold Corporation) concentrating on alteration zones associated with southeast trending faults that extend from the neighbouring +20 million ounce Pascua gold discovery onto IMA's claims. The targets were identified through the interpretation of satellite colour anomalies and extrapolation of linear structural elements, which are major controls for the mineralisation on both the adjoining Pascua and Veladero properties.
Additional properties included in this exploration program are the 100% owned Gollete, Ortiguita, and Banitos concessions, bringing the total area being explored to 24,694 hectares (54,326 acres).
IMA is a long established explorer and pioneer in Argentina since late 1993 and holds strategic land positions in five highly prospective mining regions, several of which are in close proximity to major discoveries. The Company is well positioned to continue to attract quality properties and is in active discussions with major mining companies as potential joint-venture partners through its extensive contact base in Argentina. IMA is well financed and looks forward to working with Barrick on its Valle del Cura exploration programs.
NOTE: Location map available on CCN's website at www.cdn-news.com or the company's website at imaexploration.com. TEL: (604) 687-1828
IMA Exploration Inc. FAX: (604) 687-1858
Joseph Grosso, President & C.E.O. TOLL FREE: 1-800-901-0058 EMAIL: info@imaexploration.com INET : imaexploration.com
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