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Gold/Mining/Energy : Western Copper Holdings Ltd. T.WTC -- Ignore unavailable to you. Want to Upgrade?

To: matt who wrote (137)	1/14/1998 8:39:00 AM
From: meck	Read Replies (2) \| Respond to of 401

looking for claim maps? for wtc anything on the web thanks

To: matt who wrote (137)	1/14/1998 11:25:00 AM
From: Kent C.	Respond to of 401

Update From Canacord Research: * Western Copper Holdings (WTC : TSE : $5.80 : Issued 12.0M) Yesterday, Canaccord reported the recent drill results from the Teck/Western Copper JV in Zacatecas, Mexico. We expect the drill contractor to return to the property on January 18. The next hole should start on January 19. The first target is an electromagnetic anomaly at 400 m depth, to be reached from the base of Hole 12 at 338 m. A second drill will be mobilized before the end of January. A low-resolution reconnaissance IP survey detected other anomalies on the Teck/WTC and Kennecott/WTC ground. The surface geology at these sites will be further investigated before a drill program is planned. Approximately 40-60 m of core is produced in a work shift, for a total of 80-120 m per day. The map below shows the location of existing drill holes. Western Copper's partners are in the early stage of exploration. To date, only six holes have explored the 250,000 m2 geophysical anomaly at San Nicolas. Investors commonly have a problem interpreting the grade of polymetallic sulphide deposits. A common method is to calculate the gross value per tonne of rock. While this method allows us to combine various metal grades in an understandable dollar value, it overlooks the mining and processing costs which will reduce the actual value of rock. Dozens of polymetallic deposits, formed in volcanic environments, have been discovered to date. For investors to better understand the definition of a significant grade, we provide a sampling below of profitable volcanogenic massive sulphide mines with the tonnage and grades. Some deposits have been completely depleted. The largest group of volcanogenic massive sulphide deposits was the original Rio Tinto mine in Spain with approximately 600 Mt in six separate bodies. The original size of Kidd Creek was approximately 300 Mt. There are only 28.2 Mt of reserves remaining at the mine. Mt= millions of tonnes, Cu= copper, Zn= zinc, Pb=lead, Au=gold, Ag=silver. %Cu %Zn % Pb g/t Au g/t Ag 1. Flin Flon Mine, Manitoba: 58 Mt 2.3 4.3 - 3.1 50 2. Kidd Creek, Ontario: 300 Mt 2.38 6.02 - - 58 3. Louvicourt, Quebec: 15.7 Mt 3.4 2.2 - 0.9 30 3. Horne Mine, Quebec: 54.3 Mt 2.2 - - 6.1 13 3. Millenbach, Quebec: 3.5 Mt 3.5 4.5 - 0.9 48 4. Buchans, Newfoundland: 15.8 Mt 1.3 14.6 7.6 1.5 130 5. Outokumpu, Finland: 28.5 Mt 3.8 1.07 8.9 0.8 6. Mavrovouni, Cyprus: 15 Mt 4.0 0.5 39 0.3 7. Rosebery, Tasmania: 19.4 Mt 0.7 16.2 5.0 3.4 200 grade on remaining reserves Glenn Brown, Ph.D. (416) 869-3073 The information contained in this report is drawn from sources believed to be reliable, but the accuracy and completeness of the information is not guaranteed, nor in providing it does Canaccord Capital Corporation ("Canaccord Capital") assume any liability. This information is current as of the date appearing on a report within this Site and Canaccord Capital assumes no obligation to update the information or advise on further developments relating to these securities. The information contained in the report is directed _only_ at, and any securities being offered are available _only_ to, persons resident and located in British Columbia, Alberta, the Yukon and Ontario. Canaccord Capital, its affiliated companies and their respective directors, officers and employees and companies with which they are associated may, from time to time, hold the securities mentioned at this report. Cheers, Kent@investor1.com