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Gold/Mining/Energy : THYSSEN MINING EXPLORATION INC. ("TME") -- Ignore unavailable to you. Want to Upgrade?

To: teevee who wrote (11)	2/13/1999 2:04:00 PM
From: Gord Bolton	Read Replies (1) \| Respond to of 50

THYSSEN MINING EXPLORATION INC ("TME-V") - Exploration Update 25/1/99 Andrew R. Fearn, President, Thyssen Mining Exploration Inc. (TME) is pleased to report the progress of the ongoing exploration of the Churqui property near Vallenar, Region 3, Chile. The diamond drilling programme previously announced was completed on January 8, 1999. Twenty-three holes totalling 2,163 meters were drilled. Of these holes, 21 were drilled to relatively shallow depths (less than 100 meters), over one square kilometre of the property. The purpose of these holes was to confirm the presence of the manto and provide samples for detailed assay and mineralogical assessment. Two deeper holes were drilled (400 meters and 175 meters), both of which were for interpretation of the regional geology and the genesis of the copper mineralization. TME's geologists believe that the source of the copper mineralization found in the manto is likely a large porphyry type deposit from which the manto copper has been leached and subsequently deposited in a volcanic breccia creating the manto. All core has been logged, split and samples sent for assay. The results of these assays will be available in mid-February- Following the analysis and interpretation of the drilling data, TME plans to carry out a further stage of drilling to develop a minable reserve of manto ore, and commence a program of deep magnetic and geophysical exploration to further identify deeper porphyry targets. As part of the ongoing exploration efforts, a sample of manto material was recently sent for metallurgical testing by Lakefield Research Chile SA. These results have been received and are very favourable. Flotation of the sulphide ore has yielded recoveries exceeding 90% of both copper and silver in the concentrate. The ore is suitable for leaching should that method prove more economically viable. TME holds 31 square kilometres of claims in the area adjacent to Churqui. TME intends to continue the exploration of these properties to both develop a minable reserve in excess of 2 million tonnes of manto- type ores containing copper and silver at grades of 3% and two ounces per tone respectively, and continue to explore for a large porphyry-type deposit that TME believes is the source of the mineralization found in the manto. TME is a mining and exploration company headquartered in Vancouver, B.C. Its operations are in Chile and Argentina. TEL: 1-800-398-1409 or (604) 664-0502 Allen Wilson or Phil Gurat FAX: (604) 682-4509 E-mail: info@thyssen.bc.ca INTERNET: thyssen.bc.ca ******************************************************************* Thyssen Mining Explorations Inc. 1/13/99 - Exploration Update THYSSEN MINING EXPLORATION INC ("TME-V;TMEPF-L") - Exploration Update Jeff Sample, V. P. Exploration of Thyssen Mining Exploration Inc. (TME) is pleased to report on its ongoing exploration programs in the Chilean Cordillera. During the current summer exploration season, TME geologists have discovered substantial copper mineralization in an area of the Chilean third region. This has lead to the staking and registering of claims over an area of 6,400 hectares close to the Argentinean border. Detailed mapping and sampling of the area will proceed in the near future. This staking of land increases TME's land holdings to in excess of 30,000 hectares in Chile and Argentina. TME continues to focus on the acquisition of potential mining properties that become available due to the current depressed state of the exploration industry. TEL: (604) 664.0502 Allen Wilson or Phil Gurat FAX: (604) 682-6509 TOLL FREE: 1-800-398-1409 EMAIL: info @thyssen.bc.ca ______________________________________ ______________________________________