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Gold/Mining/Energy : AURADO EXPLORATION(AEO) -- Ignore unavailable to you. Want to Upgrade?


To: CancerMan who wrote (112)6/23/1998 1:52:00 PM
From: rdww  Read Replies (1) | Respond to of 222
 
Zacatecas results encouraging

Aurado Exploration Ltd AEO
Shares issued 39,343,610 Jun 22 close $0.15
Tue 23 Jun 98 News Release
Mr. Bill Dickie reports
The company would like to provide an exploration update on the
Aurado-Cominco Mexico joint venture properties in Zacatecas State, Mexico.
Encouraging results have been received from mapping, profile gravity and
reconnaissance IP surveys which have recently been completed over
prospective Cretaceous sections (the potential host for massive sulphide
deposits) on the Piedrotas and Venaditas properties. These properties lie
adjacent to and immediately southwest of the Western Copper Holdings/Teck
San Nicolas massive sulphide discovery. Cretaceous rhyolite, capped by
sediments and mafic volcanic units, has been mapped on the Venaditas
property, coincidental to one of the IP anomalies. Furthermore, regional
gravity patterns in the area of the claim blocks are similar to those at
the San Nicolas deposit. At least three IP anomalies have been identified
to date which warrant diamond drill testing.
Progress on defining drill targets has been very encouraging. Exploration
work continues on the eight joint venture properties with surveys currently
being performed on the eastern part of the Gabriela property.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com