SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Atapa Minerals (AML on the ME)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: bigjoe who wrote ()10/1/1996 5:11:00 PM
From: Jack Theuns   of 106
 
Hi everybody!
Here's the press release I was talking 'bout:

*** NEWS RELEASE ***
_______________________________________________________________________
ATAP - CDN
ATAPA MINERALS LIMITED

Suite 108 - 5405 Eglinton Avenue West
Etobicoke, Ontario
M9C 5K6

Telephone: (416) 620-4365
Toll Free: 1-800-392-8430
Fax: (416) 620-5209

Etobicoke, Ontario October 1, 1996

Further Encouraging Drill Results from Atapa's
Cikotok/Cikidang Project, West Java, Indonesia

Preliminary shallow core drilling at the Pasir Ela prospect in the Atapa Minerals Limited ("Atapa") 101,400 hectare Cikotok/Cikidang property located in SouthWest Java, Indonesia has intersected widespread and pervasive precious metal mineralization.

Assays from 448 metres of core representing the complete section of the first seven boreholes averages 0.31 g/t gold, and 15.51 g/t silver, giving a combined 0.46 g/t gold equivalent. Mineralization was pervasive throughout the intensely altered, quartz veined volcaniclastic sequence with best values being 7 metres of 2.04 g/t gold and 23 g/t silver.

The results are from an area of 500 metre x 700 metre within a 3 square kilometre (1 kilometre x 3 kilometre corridor) geochemical anomalous zone for gold and arsenic which has recently been demonstrated to extend and strengthen to the southeast.

The style of mineralization and rock alteration is considered to be consistent with that from the upper part of a broad stockwork zone which could change at depth to a more concentrated and higher grade vein system.

Atapa has moved a second, larger Long Year 44 drill rig to the prospect to extend and deepen the drill testing to the southeast.

For further information, please contact the company:
Canada: Tel: (416) 620-4365 Fax: (416) 620-5209
E-mail: atapa@istar.ca
Indonesia: Tel: 62-21-780-3291 Fax: 62-21-780-1058

ATAPA shares trade on the Canadian Dealing Network (CDN) in Toronto as ATAP
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext