Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Copperhill Resources Corp (CUHL: CDN) -- Ignore unavailable to you. Want to Upgrade?

To: donkeyman who wrote (70)	11/1/1999 7:37:00 AM
From: BGraham	Respond to of 123

DMAN: This property (powderhorn) is located near the trans canada highway (not sure how near) and is 17 km west of Grand Falls. The area of interest is a new (previously unexplored to any extent)recently exposed area of surface mineralization. It (the surface mineralization) was discovered as a result of a woods road that was pushed through the area sometime in 1999. As far as I can determine the co. has about 17 million fully diluted, I don't know how many freely trade. Rumour has two holes in the property. The co. was required by terms of the acquisition to stick one (DDH) hole in before dec. 31, 1999. BGRA

To: donkeyman who wrote (70)	11/1/1999 10:02:00 AM
From: Len Hynes	Read Replies (1) \| Respond to of 123

FOR FURTHER INFORMATION PLEASE CONTACT: Copper Hill Corporation 709-739-4780 709-739-4785 (FAX) copperhillcorp.com NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS FOR: COPPER HILL CORPORATION SHARES OUTSTANDING:16,647,140 (FULLY DILUTED: 17,751,140) CANADIAN DEALING NETWORK SYMBOL: CUHL NOVEMBER 1, 1999 Copper Hill Corporation: Drilling On North Powderhorn Lake Intersects 80 Feet Of Stratiform/Stratibound Polymetallic Base Metal Sulphides Hosted In Roberts Arm Group ST. JOHN'S NEWFOUNDLAND--Copper Hill is pleased to announce that diamond drilling has commenced at its North Powderhorn Lake property situated in the Central Mineral Belt of Newfoundland, 40 km south of Springdale and 40 km west of the Central Newfoundland community of Grand Falls-Windsor, adjacent to the Trans-Canada Highway. The initial borehole, PN-99-01 was collared near a surface outcrop yielding 4.22% Zn (see Press Release 99-06, October 15, 1999; assays from grab samples ran up to 9.20% Zn; 2.14% Cu; 2.54 g/t Au and 62.7 g/t Ag. PN-99-01 intersected 80 feet of banded, base metal-rich sulphides including sphalerite, pyrite, pyrrhotite and chalcopyrite. The sulphides are dominantly stratiform/stratibound and hosted by variably siliceous sediments/exhalites/blue-quartz eye crystal tuffs similar to those observed in outcrops and boulders dispersed throughout the property. These country rocks are believed to be time equivalents of the Roberts Arm formation which hosted the Buchan's VMS deposits (17.8 million tonnes averaging 14.88% Zn, 7.7% Pb, 1.3% Cu, 3.7 opt Ag and 0.045 opt Au). Banding/bedding cross the vertically drilled core axis at high angles suggesting a shallow-dipping, subhorizontal fabric. The core is presently being logged, split by diamond saw, sampled and will be submitted for multielement analysis. Sulphide and/or metal zonation and loci of high Au-Ag concentrations will receive added attention during logging. It is Copper Hill's intention to make representative sections of the core available for viewing at the C.I.M./APEGN Conference which will be held November 4-7, 1999 at the Delta St. John's Conference Centre in St. John's, Newfoundland. Copper Hill which trades on the CDN holds a number of mineral exploration projects in Newfoundland and Labrador. For further information, please call 709-739-4780; fax: 709-739-4785, or visit our web site home page at copperhillcorp.com to view project location maps and other data. On behalf of the Board of Directors, Earl R. Benson, President. -30-