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


To: 1st.mate who wrote (385)11/17/1998 5:24:00 PM
From: kidl  Read Replies (1) | Respond to of 1996
 
Chilean project update; new director
Rock Resources Inc RKR
Shares issued 14,600,075 Nov 16 close $0.18
Tue 17 Nov 98 News Release
Mr. Thomas Kennedy reports
The exploration work requirements and cash payments required to achieve a 40 per cent vested interest (Rock has option to achieve up to 70 per cent) in the Chilean project have been met. The Coiron East copper and gold exploration target is from a geological perspective capable of hosting a billion-tonne plus porphyry-style deposit. Results achieved from surface work and underground drilling to date has attracted serious interest from major mining companies.
The geological team from Compania Exploraciones Mineras Los Lobos S.A. has begun the last phase of geophysical work which will include an induced polarization and magnetometer survey over the main target (Mount Tacho) copper and gold area, the new gold discovery area and over the new copper discovery (Cerro Carmen).
At the AGM on Nov. 12, 1998 all resolutions set out in the information circular were passed. John Kowalchuk has been appointed to the board of directors. Mr. Kowalchuk is a senior project geologist with 29 years experience.
© Copyright 1998 Canjex Publishing Ltd. canada-stockwatch.com