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Gold/Mining/Energy
Teck Corporation TEK.A TEK.B Canadian "eh"
An SI Board Since October 1998
Posts SubjectMarks Bans Symbol
35 2 0 TEK.A
Emcee:  Gord Bolton Type:  Unmoderated
FOR FURTHER INFORMATION PLEASE CONTACT:
Teck Corporation
Norman B. Keevil
President and CEO
(604) 687-1117
or
Teck Corporation
Michael P. Lipkewich
Sr. V.P. Mining
(604) 687-1117
or
Teck Corporation
Moira Smith
Senior Geologist
(250) 372-0032
Website: teck.com

--------------------------------------------------------------------------------

NEWS RELEASE TRANSMITTED BY CANADIAN CORPORATE NEWS

FOR: TECK CORPORATION

TSE, VSE, ME SYMBOL: TEK.A
TSE, VSE, ME SYMBOL: TEK.B

OCTOBER 27, 1998

Teck and Sumitomo Group Announce Results of 1998 Drill
Program at Pogo

VANCOUVER, BRITISH COLUMBIA--Teck Corporation, Sumitomo Metal
Mining and Sumitomo Corporation today announced an updated
geological resource on their joint venture Pogo project in Alaska.
Teck is the operator of the Pogo project and can earn a 40
percent interest by expending (U.S) $28 million to produce a
feasibility study by December 31, 2000 and contributing the first
(U.S.) $33 million of development and construction costs.

/T/

The 1998 and 1997 resource calculations using a 0.1 oz/T cutoff
grade are given below:

1998
-----------------------------------------------------------------
Short Tons Assay Contained
(millions) oz/T. Au oz. Au (millions)
-----------------------------------------------------------------
Main Liese 7.25 0.53 3.84
Lower Liese 2.73 0.50 1.37
-----------------------------------------------------------------
Total 9.98 0.52 5.21

1997
-----------------------------------------------------------------
Short Tons Assay Contained
(millions) oz/T. Au oz. Au (millions)
-----------------------------------------------------------------
Main Liese 8.84 0.40 3.52
Lower Liese 2.13 0.41 0.97
-----------------------------------------------------------------
Total 10.97 0.41 4.49

/T/

The increased drill density in the core of the deposit confirmed
the continuity of the two flat-lying lenses, and step out drilling
extended the veins, particularly to the southeast.

The updated resource calculation is a result of the 1998
exploration drill program which consisted of 97 diamond drill
holes totaling over 91,000 feet, the majority of which was infill
drilling. In addition, the current more detailed and selective
geological model of the Main Liese vein dropped some minor veins
and stockwork mineralization from the earlier resource
calculation, resulting in a lower tonnage but a higher average
grade. The net effect including the 1998 drill results is an
increase in the geological resource to 5.2 million ounces, and
average grade to 0.52 ounces per ton (using the kriging method).

The deposit is still open to the southeast and the northwest. In
addition, two deep drill holes have indicated a possible third
zone 400 feet below the Lower Liese. Hole 98-124, which was 200
feet southeast of 97-71 (42.7 feet at 0.58 oz/T), intersected
19.2 feet at 0.75 oz/T.

In addition to further infill and step out drilling, the planned
1999 exploration program calls for an underground adit to obtain
geotechnical data, test the continuity of the veins for mining,
and obtain a bulk sample for metallurgical testing. Engineering
and environmental studies to support a feasibility study will also
be conducted.

Dr. Moira Smith, Teck's Exploration Manager for the project, said:
"It is encouraging that we were able to increase the total number
of ounces of gold contained in the resource by approximately 16
percent, even though the majority of the 1998 program was devoted
to infill drilling. However, the 27 percent increase in the
average grade should prove to be even more important, since it
will have a direct impact on operating costs".

-30-
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35Hi ralfph, Yeah, it does look like an excellent price BWDIK I am really tempteDavy Crockett-8/29/2001
34I am not sure if you are still in. But it looks like a buying op may be about toralfph-8/29/2001
33The consumption of copper has climbed for a variety of reasons. There was a coupralfph-5/3/2001
32JDS and NT are fibre optics. Not much copper with them directly. It's the Stephen O-5/2/2001
31TEK.B has been haulted. I wonder what iys about? regards ralfphralfph-4/30/2001
30After reading the annual report a second time I am kicking my butt for trying toralfph-4/24/2001
29Hi guys, I bit the bullet and bought Teck a couple of days ago. I wished I heldJerrold Annett-4/24/2001
28Hi ralfph, Your right! Inco's weekly chart looks very interesting:) I jusDavy Crockett-4/12/2001
27Hey Peter If this puppy ticks up on the next trading day I will be very surprisralfph-4/12/2001
26Hi ralfph, Boy, TEK.b really blew through that resistance @ 15.50. The next leDavy Crockett-4/12/2001
25This has been a nice little bounce. Almost looks due for a little pullback beforalfph-4/12/2001
24Selling Power Cominco has stated that it can shut down the mill,pay its employeralfph-4/7/2001
23Hi ralfph, <iI am bagholding this one(up 70 % so far)</i> CongratulatDavy Crockett-4/7/2001
22Hey there Peter I am at a loss as to what TEK.B is going to do right now. The lralfph-4/6/2001
21Hi ralfph, Nice to see u here:) I remember u gave a heads up on TEK.b sometimeDavy Crockett-4/6/2001
20We traded 15.49 today. And now have 15.50 on the ask. Wonder what tomorrow wilralfph-4/5/2001
19It looks like TEK may test the 15.50 level one more time. Todays run up in priceralfph-4/5/2001
18Hammer. todays action closed up. In all cases this year that a similiar hammer hralfph-3/8/2001
17Thanks. The posters on SH I know about. I am surprized there is not more discussralfph-3/7/2001
16There's a thread on SH but it is pretty quiet too. About 10 posts in last moStephen O-3/7/2001
15There has to be a more current thread than this. This puppy is up and the graph ralfph-3/6/2001
14 does anyone know how the warrants here work ?re3-8/21/1999
13 Does anyone have an opinion on whether they have all the good POGO land or whetCLK-3/21/1999
12 Could someone post todays N/R's - there may be 2...... 12/07/98 "NewsRobert Dirks-12/7/1998
11 Interesting info. I also think that the recent downturn on oil prices may have Robert Dirks-11/28/1998
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