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Gold/Mining/Energy : DRC Resources - Alberta, Canada diamond play, a shot at $$ -- Ignore unavailable to you. Want to Upgrade?


To: Howard H Bouch who wrote (78)9/18/2000 6:42:47 PM
From: Howard H Bouch  Read Replies (1) | Respond to of 83
 
MORE NEWS

DRC's drilling extends Afton mineral zone

DRC Resources Corp DRC
Shares issued 6,643,016 Sep 15 close $9.50
Mon 18 Sept 2000 News Release
Mr. John Kruzick reports
DRC Resources has completed 12 diamond drill holes on the Afton Mineral
zone that indicate the zone has a length of 700 feet, width up to 450 feet,
depth of 1,000 feet and is open along strike and depth for further
exploration. DDH 2K-9 and DDH 2K-11 have extended the mineral zone 150 feet
to the northeast and 80 feet to the southwest respectively. To date, DDH
2K-11 has the highest grade continuous mineralized section 90 feet of 6.04
per cent copper equivalent (GMV of $112.00 (U.S.) per ton).

Assay Intersection for DDH 2K-9

Core Depth Cu Au
length (f) % oz/t
(f) %

210 880 - 1,090 2.15 .032

Core Pt Ag Cu
length oz/t oz/t equiv.
(f) %

210 .003 .187 2.88

Assay Intersection for DDH 2K-11

Core Depth Cu Au
length (f) % oz/t
(f) %

520 640-1,160 2.43 .033

incl.
90 730 - 820 4.64 .059


Core Pt Ag Cu
length oz/t oz/t equiv.
(f) %

incl.
90 .005 .576 6.04

The grade of mineralization intersected in the 10 drill holes assayed
indicates an average grade 3-per-cent copper equivalent with higher grade
section to 6-per-cent copper equivalent. The company has commissioned
professional engineers, J.J. McDougall and Associates Ltd., to provide an
engineering report with tonnage estimates and tonnage potential from the
compilation of available diamond drill data. This report should be
available within two weeks.
(c) Copyright 2000 Canjex Publishing Ltd. stockwatch.com