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Gold/Mining/Energy : Copper - analysis

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To: LoneClone who wrote (1718)	4/10/2007 10:17:07 AM
From: LoneClone	Read Replies (1) of 2131

Central China Goldfields starts drilling at Nimu copper-molybdenum project hemscott.com LONDON (AFX) - Central China Goldfields PLC said drilling at the Nimu copper-molybdenum project in Tibet has begun and a second drill rig will arrive on site by the third week of April to work in tandem at the Tinggong area. The company said that the Tinggong licence surrounds an active copper mine and the drilling programme is designed to test the supergene oxide copper and the underlying porphyry copper targets. An initial programme is planned with nine holes and a total 2,900 metres of drilling, following which, the rigs will be moved to the Gangjiang exploration licence where drilling is scheduled to start in June 2007, the company said. The drilling programme at the Nimu Project will be supervised by project manager Henry Tebar and exploration manager Ciceron Angeles, the group added. TFN.newsdesk@thomson.com npr/slm

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