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Compania Cervecerias Unidas ADR Representing Two Ord Shs V.CCU


Primary Symbol: CCU

Compania Cervecerias Unidas S.A. is a diversified beverage company operating principally in Chile, Argentina, Bolivia, Colombia, Paraguay and Uruguay. The Company operates as a brewer, soft drinks producer, water and nectar producer, wine producer and pisco distributor. The Company's segments include Chile, International Business and Wine. The Company carries a portfolio of products, which includes a range of brands of alcoholic and non-alcoholic beer, with Cristal as its primary brand in Chile. In addition, it produces and distributes Heineken beer; distributes Sol beer and Budweiser beer, and distributes and produces Kunstmann and Austral beer in Chile. The International Business segment includes operations in Argentina, Paraguay and Uruguay. The Company, through Vina San Pedro Tarapaca S.A. (VSPT), produces and markets a range of wine products for the domestic and mainly the export market.


NYSE:CCU - Post by User

Post by Raptor7on Jun 13, 2013 10:44am
201 Views
Post# 21519995

Karapinar Porphyry Project

Karapinar Porphyry Project

Karapinar Porphyry Project is not exactly a dead horse either. Previous drilling ended in copper mineralization and it looks like they are hopeful it gets better with depth. From their March 27th NR:

A schematic of an idealized alteration model of a porphyry system with the zone believed to be the location of the majority of drilling at Karapinar is available at the following link.

www.columbuscopper.com/i/nr/2013-03-27-schematic.pdf

A second set of drill-holes in the current program is targeting the sulfide mineralization where past drilling has demonstrated an increase in primary copper at depth, as exemplified by drill-hole KDH007 terminated at 380.5 metres in 0.55% copper and drill-hole KDH001 at 347.20 metres in 0.44% copper respectively. Drill-hole KDH026 currently in progress, collared 130 metres north north-east of drill-hole KDH001 at the marble to porphyry contact, intersected a 100 metre thick zone of skarn mineralization with several secondary copper enriched intervals followed by primary copper and molybdenum mineralization to the current depth of 420 metres. Assays for this drill-hole are pending.

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