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Gold/Mining/Energy : Zappa Resources -- Ignore unavailable to you. Want to Upgrade?


To: dean poets who wrote (150)3/12/1998 1:07:00 AM
From: POLARBEAR  Read Replies (1) | Respond to of 174
 
Monday March 9, 9:01 am Eastern Time
Company Press Release
SOURCE: Zappa Resources Ltd.
Zappa Resources Ltd. Announces Drilling Will Resume by April On Their La Plata Polymetallic Prospect In Central Ecuador
VANCOUVER, March 9 /PRNewswire/ -- Zappa Resources Ltd. wishes to announce that drilling will resume by April on our La Plata polymetallic prospect in Central Ecuador. The drilling program consists of a 50 meter grid pattern and is designed to test the southern extensions of the western and eastern flanks of the massive sulfide lenses.

Cambior Inc. [AMEX:CBJ - news] of Montreal, the operator, is also proposing a surface program of geological mapping, hand trenching and sampling on the Campo Alegre Concession. Based on surface geology and outcropping this concession shows potential for additional polymetallic discoveries as we have on our La Florida Concession. A massive sulfide float sample from Carapo Alegre ran 15g Au/t. as previously reported.

Our Summary to date of the massive sulfide lenses is as follows. Hole 97-22 is being reported for the first time.

Hole No. Intervals (m) Length (m) Au (g/T) Ag (g/T) Cu (%) Zn (%) Pb (%)

97-22 341.0 - 350.4 9.4 4.7 73.0 0.4 2.9 1.4

97-21 231.4 - 233.2 1.8 5.0 46.0 1.2 6.1 2.2
236.2 - 239.4 3.2 7.1 14.3 3.7 4.5 1.4
276.0 - 277.2 1.2 3.3 18.9 3.5 9.0 0.6
97-20 366.4 - 382.4 16.0 11.0 79.0 7.7 2.9 0.3

96-09 270.8 - 279.5 8.7 11.1 112.0 3.8 12.0 2.4

MT-26 230.0 - 248.0 18.0 5.1 33.4 0.8 8.0 N/A

MT-22 200.0 - 241.0 41.0 3.8 50.0 6.7 5.0 N/A

96-01 250.0 - 260.0 10.0 4.1 72.0 1.0 5.1 N/A

96-12 252.0 - 267.0 15.0 3.3 43.0 0.3 4.1 0.6

ON BEHALF OF THE BOARD OF DIRECTORS
ZAPPA RESOURCES LTD.

Albert Gerry, President

The Vancouver Stock Exchange has neither approved nor disapproved this news release.

SOURCE: Zappa Resources Ltd.

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More Quotes
and News: Cambior Inc (AMEX:CBJ - news)
Zappa Resources Ltd (Vancouver:ZPA.V - news)
Related News Categories: mining/metals, oil/energy



To: dean poets who wrote (150)7/23/1998 4:55:00 PM
From: Alan Whirlwind  Read Replies (1) | Respond to of 174
 
I can honestly see the potential for this stock reaching $2 US within a year. Glad I bit for a little more at .20 Canadian. --Al