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Gold/Mining/Energy : Copperhill Resources Corp (CUHL: CDN)

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To: Bill Shugarue who wrote (41)	4/7/1999 4:59:00 PM
From: Len Hynes	Read Replies (1) of 123

Hi Bill; I assume you are following the recent press news from CopperHill;here is a clip from The Prospector on CopperHill's Lemotte"s exploration results: Daily Mining News for March 30, 1999 NORTH AMERICA Veins and Conductors Found Around Lemotte's Lake and Rushy Pond Copper Hill (CUHL:CDN) reported on the results of exploration work conducted during 1996-1998 on its Lemotte's Lake-Rushy Pond Cove gold prospect in Newfoundland. In 1996, local prospectors discovered gold-bearing polymetallic quartz veins cross-cutting sedimentary and volcanic rocks along a steep hillside on the Lemotte's Lake portion of the property. Copper Hill says the best assays from the veins as reported by the prospectors were 40.33 grams per tonne (g/t) gold, 18.36 g/t gold, 17.1 g/t gold and 13.0 g/t gold from grab samples. The same prospectors also discovered boulders of sulphide-rich (20-40% pyrite) brecciated rhyolitic porphyry. An airborne geophysical survey conducted by Copper Hill over the claims in 1997 defined EM and MAG anomalies over portions of the property and mapping by Copper Hill geologists in the southwestern portion of the claims revealed a brecciated, sericitized, sulphide-bearing granite phase and a conglomerate unit bearing rocks and fragments of the same. The company feels the unit may be an explosive breccia, or rift, facies of the granite intrusion and adds that mapping and geophysical surveys further suggest that the granite has a much larger size than was mapped in regional government surveys. The main focus of the 1998 exploration program was a ground geophysical survey and soil geochemical survey over the Snakes grid, which was cut to cover an airborne-defined EM anomaly on the southwestern part of the claim blocks. The company says that the soil data defined slightly anomalous base metal values coincident with the airborne conductor and that the ground survey indicated the presence of two medium-strong parallel conductors, each 600 m to 800 m long, which were coincident with the airborne conductors obtained in 1997. (Mar 29/99)

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