Hello Gerry and Ron:
Sorry guys, look for their news releases on Can. Corp.newsnet>
Here it is from Feb. 19.
NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS
FOR: AMT INTERNATIONAL MINING CORPORATION
TSE SYMBOL: AAI
FEBRUARY 19, 1997
AMT Improves Copper Reserves in Arizona - Reserves
increased at Old Reliable and deeper copper zone of two
percent-plus grades identified at Copper Creek.
TORONTO, ONTARIO--
(Information on AMT can be accessed through our page number listed
in our contact information.)
Copper reserves have been expanded and a new deep copper zone with
grades of two percent - plus has been identified by AMT
International Mining Corporation at its Arizona properties near
Tucson.
AMT's Creek breccia system has been extended and is open across
Copper Creek to the northwest. This zone is likely to be larger
in areal extent than originally anticipated, reports AMT's
President, Dr. Kushal Singh.
In addition, with four drill holes, said Dr. Singh, AMT has also
identified a deeper copper zone with grades averaging more than
two percent.
"This deep zone may represent a feeder zone from the deep porphyry
system (American Eagle) where 76 million tons of ore grade
material has already been drill-indicated about 2000 feet to the
south east", said Dr. Singh.
Drilling at AMT's Old Reliable deposit, one of the breccia zones
at Copper Creek, Arizona, has expanded the reserves mineable by
open-pit mining.
"Old Reliable remains open at depth", said Dr. Singh, reserves
could still be found beyond the depth drilled.
The following are the latest drilling results for the Creek and
Old Reliable breccia systems:
/T/
CREEK BRECCIA
-------------
Hole Intercept Mineralized Length Copper
Number (Feet) (Feet) Percent
CKB 200-360 160 2.9
200-580 380 2.0
VIX Tech 137-839 702 1.6
265-465 200 2.3
MET-ICK 109-206 97 2.4
534-673 139 2.8
24-2 1930-2410 480 0.6
1940-2020 80 1.6
OLD RELIABLE
------------
Hole Intercept Mineralized Length Copper
Number (Feet) (Feet) Percent
OR13D 150-330 180 1.6
OR16R 350-450 100 1.1
OR17R 130-190 60 1.1
OR18R 230-320 90 1.0
OR19R 250-540 290 1.5
OR20R 270-340 70 2.0
/T/
AMT is in an advanced stage of mineral exploration and has focused
its activities on earning interests from BHP Copper Company and
Phelps Dodge Corporation in two adjacent copper properties at
Copper Creek, Arizona and the Manitoba properties in Canada.
-30-
Good luck
CGreen |
