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Gold/Mining/Energy : DRC Resources - Alberta, Canada diamond play, a shot at $$
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To: Howard H Bouch who wrote (71)4/21/2000 2:36:00 AM
From: Howard H Bouch  Read Replies (1) of 83
 
Drilling commences

DRC Resources Corporation -
DRC Resources starts drilling at Afton mine
DRC Resources Corporation DRC
Shares issued 4,456,016 2000-04-12 close $3.25
Thursday Apr 13 2000

Mr. John Kruzick reports
DRC Resources has commenced the 5,000-metre diamond drill program on the Afton mine property as recommended by J.J. McDougall, PEng, in his Nov. 10, 1999, geological report.
The Afton deposit is unique to North American porphyry deposits as gold grades increase rather than decrease in the sulphide zone beneath the oxide cap. Drilling will test the size and grade of the higher grade zones intersected in previous drill holes such as 0.1 ounce/ton gold over 70 metres (230 feet) -- DDH80-4; and 2.5 per cent copper over 200 metres (660 feet) -- DDH73-32. Also, the drill program is designed to increase the known tonnage of 10.5 million tons of 1.52 per cent copper and .03 ounce/ton gold by extending the zone to depth and along strike.
DRC has the funds available to carry out the 5,000-metre, $700,000 diamond drill program. The company will release the assay results as they become available.

(c) Copyright 2000 Canjex Publishing Ltd. canada-stockwatch.com
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