Subscribe for Updates:
Enter your email below to receive email updates
Sep 03, 1999
Drill Program Update, Agata Project
Tony Climie, President of Mindoro Resources Ltd. ("Mindoro") is pleased to announce that a drill rig is being mobilised now to Mindoro’s Agata Project, Philippines, and is expected to be on site and drilling within the week. The program will consist of 1,000 to 1,500 meters in 13 to 15 drill holes and test the Assmicor, East Limestone, West Limestone and Golden Rock targets. The targets are reflected by strong and extensive gold and copper soil anomalies, abundant gold prospects and inactive and active "high-grader" workings and mines (see releases of June 15, 1999; May 13, 1999; and May 13, 1998).
There is a remarkable variety of mineralisation styles and targets on the project. Drilling will commence on the Assmicor target, where high gold values have previously been reported from underground sampling of the Assmicor Mine, and which offers excellent potential for establishing an early resource. Drilling of the East, West and Golden Rock Limestone targets will test bulk-tonnage potential of the suspected limestone-replacement and skarn mineralisation at depth, as well as intrusive-hosted mineralisation, similar to the Assmicor target.
Mindoro is a Canadian mineral exploration company focussing on gold and gold-copper exploration in the Asia Pacific region and operating projects in the Philippines and Indonesia.
For more information, contact:
Rodney Orr, P.Geo., Senior Vice President, or
Penny Gould, Vice President Corporate Development
Phone: (780) 413-8187
Fax: (780) 426-2716
The Alberta Stock Exchange has neither approved nor disapproved the information contained herein.
You can view the Next Press Releases item: Tue Sep 21, 1999, Mindoro Resources Ltd.-Drilling Commences On Agata Project
You can view the Previous Press Releases item: Wed Jul 21, 1999, Mindoro Resources Ltd. Private Placement and Agata Project Update
You can return to the main Press Releases page, or press the Back button on your browser.