Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Gord Bolton who wrote (12)	2/14/1999 12:55:00 AM
From: Gord Bolton	Respond to of 50

C o n s o l i d a t e d TRILOGY V e n t u r e s L t d. 30 October 1998 420, 1090 West Pender Street Vancouver, B. C. V6E 2N7 604 664-0502/Fax 682-6509 Toll Free 1-800-398-1409 www.cons-trilogy.com Vancouver Stock Exchange Trading Symbol: CTJ.V FOR IMMEDIATE RELEASE Exploration Update vancouver, b.c.—Consolidated Trilogy Ventures is pleased to announce the following exploration results and plans for further exploration and exploitation. Daniela Mine, Region 3 Chile. Following a successful bulk sample taken earlier this year, further channel sampling in the manto has yielded assay results higher than expected, with values ranging as high as 7% copper and 13 ounces per tonne of silver. Exploration continues with the objective of outlining a mineable reserve in excess of 2 million tonnes at grades greater than 3% copper and 2 ounces per tonne of silver. The purpose of this reserve development is to delineate sufficient ore to allow the development of a mine with a sustainable production rate in excess of 1,000 tonnes per day. The continuing exploration includes detailed metallurgical testing of the sulfide ores, definition drilling of the known manto, and deep drilling to test for additional mantos. Jeff Sample, P. Geo., the company's vice president of exploration, states that, “We have obtained a much clearer model of the Daniela geology from the recent sampling, leading us to believe that the continuity and grades of the manto are significantly better than first anticipated. We feel that the regional geology and topology strongly suggest that the mantos extend over a significant area.” Jeffro property, Region 3 Chile. Trilogy is pleased to announce the acquisition of approximately 30 square kilometers of lands to the east of Vallenar. The acquisition follows a grass-roots surface mapping program by Trilogy's geologists. Preliminary evaluation of the property reveals a complex andesite breccia with a prominent matrix of specular hematite. This type of breccia is particularly reminiscent of the geological environment that hosts the copper-gold-uranium deposit at Olympic Dam in Australia. Initial analysis of grab samples has revealed values of 2 grams per tonne of gold. Trilogy plans an extensive program of surface geological mapping and ground magnetics to establish drilling targets and to proceed with an extensive drilling program. Andy Fearn, P. Eng, president of Trilogy commented, “With these ongoing projects and our continued program of high quality property acquisitions, including two properties in negotiations, we believe we are significantly enhancing our shareholders' value, and that this will continue as we take our projects to subsequent stages of development.” Consolidated Trilogy Ventures Ltd. is a mining and exploration company headquartered in Vancouver, B.C. Its operations are in Chile. on behalf of the board of directors Richard N. Jeffs, Chairman For additional information, please call: Allen Wilson or Phil Gurat 1-800-398-1409 or (604) 664-0502 Fax (604) 682-6509 www.cons-trilogy.com This release has been neither approved nor disapproved by the Vancouver Stock Exchange. Now TME.V