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Gold/Mining/Energy : AURADO EXPLORATION(AEO)
AEO 16.20-1.9%Nov 4 3:59 PM EST
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To: CancerMan who wrote (99)5/14/1998 10:17:00 AM
From: rdww  Read Replies (1) of 222
 
from Cannacord the other day about the WTC work in progress.
They are working to the SE - where the AEO property is I believe?

* Western Copper Holdings (WTC : TSE : $7.85 : Issued 12.6M)

El Salvador Property

Teck and Western Copper are in the midst of a drill campaign to
identify the full size of the San Nicolas deposit. All drill sites
with published information have been spaced about 100 m apart. The
program has now completed several holes more closely spaced on 50 m
centres. Most of the step-out activity is happening in the southeast,
where a narrow sulphide body at depth could extend off the geophysical
footprint. We estimate that seven holes have been drilled to date in
this area. The latest results will likely be released at the upcoming
Teck annual meeting, which has now been scheduled for June 3. Teck
originally planned this meeting for April 28, however it was cancelled
for reasons possibly related to the sale of Inmet's Teck A stock and
yesterday's acquisition of an interest in Antamina. We also expect an
engineering report at the meeting, which will discuss mining scenarios
and metallurgy. Drilling at combined IP and gravity anomalies at other
sites on the JV property is also underway.

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