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


To: sr who wrote (115)7/31/1998 12:18:00 AM
From: rdww  Read Replies (1) | Respond to of 222
 
this looks interesting - does anyone know how well these indicators have worked for WTC on the San Nicholas?


Mexican exploration progress

Aurado Exploration Ltd AEO
Shares issued 39,343,610 Jul 28 close $0.13
Thu 30 Jul 98 News Release
Mr. John Pollock reports
The company has released an exploration update on the Aurado-Cominco Mexico
joint venture properties in Zacatecas and San Louis Potosi States, Mexico.
An IP anomaly has been identified crossing the Piedrotas property in a
NW/SE direction that measures 500m wide at a depth of 250m. ATM soundings
have been completed on the southeast part of the Gabriela property to
determine the depth of cretaceous volcanic units and to verify overburden
depths determined by the gravity survey. The mafic volcanic units vary
between 100 and 250 metres from the surface in the southeast corner of the
claim block. Profile gravity surveys and reconnaissance mapping have shown
that cretaceous volcanic units are close to surface on parts of the Carmen,
Amapola, El Sauz, Belcebu and Garabato claim blocks.
Progress on defining drill targets continues to be encouraging. To date,
diamond drilling targets have been identified on the Gabriela, Piedrotas
and Venaditas properties. Additional IP and reconnaissance work are planned
for all properties and diamond drilling is now planned for the fall after
additional targets have been delineated.
(c) Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com