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

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To: tyc:> who wrote (36092)	3/17/2007 5:02:23 PM
From: E. Charters	Read Replies (1) of 78416

Infomine infomine.com Minfile empr.gov.bc.ca mineralsnorth.ca New Company Website... formerly Atlas Cromwell.. see below.. terranemetals.com Atlas Cromwell (shell company) reached an agreement April 19 to purchase certain former Placer Dome exploration properties from Goldcorp • Properties / Property Interests include: Advanced Stage Projects: – Mount Milligan Project (100%); Au-Cu porphyry – Berg Project (51%); Cu-Mo-Ag prophyry – Residual interests in Howards Pass Project; Zn-Pb sedex Exploration Projects: – Maze Lake Project (100%); Au shear related – Option to earn 51% in certain exploration projects from Stealth Minerals Ltd in Toodoggone; Au-Cu porphyry targets • Right of First Offer on 3 additional Quebec and Ontario exploration properties • Atlas Cromwell is currently subject to a reverse takeover, and will change its name to Terrane Metals Corp • Mt Milligan will be “Flag-Ship” Property of Terrane Metals Atlas Cromwell infomine.com A geological resource (no economic considerations) for the MBX and Southern Star zones is reported to total 1,153,135,000 tonnes grading 0.254 gram per tonne gold and 0.126 per cent copper (Mt. Milligan Project, Stage 1 Report, Volume 1 - Development Plan (Mine Development Review Process), April 1991, Placer Dome Inc., Table 3.4, page 3-12). The Mount Milligan deposit has a measured and indicated resource of 445 million tonnes of ore grading 0.415 gram per tonne gold and 0.215 per cent copper. More than 70 per cent of the measured and indicated resource is considered as a mineable reserve which is economically viable to extract. Mount Milligan's reserve is 257 million tonnes of ore grading 0.510 gram per tonne gold and 0.240 per cent copper (Property File - Mt. Milligan Project, Economic Growth for B.C. & Shareholder Value for Placer Dome, 12/15/97). There has been little work done on the property since 1991. A 1997 geological work program by Placer consisted of examination of 25 intervals of varying lengths in 11 separate drill holes in the MBX Zone. Twenty core specimens were collected for polished thin section examination and 26 samples were analyzed. Placer Dome Inc. re-visited the property in 2004, drilling a dozen HQ bore holes totaling about 2200 metres, in order to provide core for metallurgical testing. Placer Dome plans to complete a full feasibility study on the project in 2005.

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