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Global Compliance Applications Corp. V.APP


Primary Symbol: C.APP Alternate Symbol(s):  FUAPF

Global Compliance Applications Corp. ("GCAC") is a global leader in designing and developing innovative blockchain technologies and machine learning solutions to improve real-world businesses.


CSE:APP - Post by User

Post by billk2on Nov 12, 2003 10:22am
110 Views
Post# 6637862

WOW WOW WE HAVE A WINNER

WOW WOW WE HAVE A WINNER 141 CN 12-Nov-03 at 10:11:00 10:12 Appalaches Resources Inc. - Third Copper Zone Discovered at Mont-de-l'Aigle - drill results anticipated Symbol: APP Industry: MNG Subject: DSC News release via Canada NewsWire, Montreal 514-878-2520 -ME- Attention Business Editors: RIMOUSKI, Quebec, Nov. 12 /CNW Telbec/ - The discovery of a third large mineralized zone (the Turcotte Showing), located between the Duchesne and Pardiac copper showings, continues to re-inforce the likelyhood of an Olympic Dam type iron-oxide/copper deposit on the Mont-de-l'Aigle property. The copper mineralization on the Turcotte Showing extends over a minimum thickness of 25 metres and carries copper values between 0.40% and 2.3%, based on surface trench samples. The three Mont-de-l'Aigle showings now extend over a distance of 2 Kms. The Turcotte Showing lies between the Duchesne Showing (6.3% Cu) that is located 1.1 Kms to the northwest and the Pardiac Showing (8.8% Cu) that is located 900 metres to the southeast. A preliminary interpretation based on mineralogical content and geometry suggests that the three showings represent a continuous mineralized system. These three shsowings consist of altered brecciated mudstones that are injected with quartz, chalcopyrite (copper), pyrite and iron oxides. They persist over large distances and occur in the Shiphead and Florillion rock formations that are present on the property. On the Turcotte showing the mineralization is continuous and persistent over a 25 metre thickness. The lateral extensions remain open. << Analytical results and sample intervals (selected samples) selected samples sample intervals Copper 217275 0 0.40 217276 2.4 0.39 217279 7.9 0.55 217281 12.2 0.37 217282 13.8 0.79 217283 15.2 1.96 217284 17.9 2.30 217285 18.9 0.65 217286 20.2 1.10 217287 21.4 1.48 217289 23.2 1.51 217290 24.6 1.82 >> Since the new showing was discovered on the southern limit of an important geochemical copper anomaly, 750 metres long and 250 metres wide, trenching operations that are currently in progress could significantly increase the extent of the mineralization and expose higher copper values. Renewed drilling operations are scheduled in the next few weeks in order to verify the importance of this discovery. Recently, 12 holes have been drilled into various geophysical anomalies and into the Hupe, Pardiac and Duchene showings. Considerable visual evidence of copper mineralization was observed in the drill core. Laboratory results are pending and will be announced when they are received. A map indicating the location of the three showings is available in the News Release section of our website at www.ressourcesappalaches.com . All samples described in this press release are selected surface grab samples. Assays were performed by Chimitec in Val d'Or, using atomic absorption. The contents of this press release were prepared by Alain Hupe, geologist in charge of field operations. The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. -0- 11/12/2003 /For further information: Andre Proulx, President, (418) 724-0901, a.proulx(at)ressourcesappalaches.com ; Jean-Eudes Guilbault, Investor relations, (418) 721-5187, info(at)ressourcesappalaches.com/ (APP.) CO: APPALACHES RESOURCES INC. ST: Quebec IN: MNG SU: DSC -30- End of News "Canaccord Capital Corporation " made the following annotations on 11/12/2003 07:13:05 AM ------------------------------------------------------------------------------ This message is intended only for the use of the individual or entity to which it is addressed and may contain information which is privileged, confidential or subject to copyright. Internet communications cannot be guaranteed to be secure or error-free as information could be intercepted, corrupted, lost, arrive late or contain viruses. The information contained in this e-mail is drawn from sources believed to be reliable, but the accuracy and completeness of the information is not guaranteed, nor in providing it does Canaccord Capital Corporation or its subsidiaries, or affiliated companies, "The Firm" assume any liability. Unless otherwise stated, this transmission is neither an offer nor the solicitation of an offer to sell or purchase any investment. As a solicitation, this e-mail was intended for distribution in those jurisdictions where The Firm is registered as advisors or dealers in securities. Any distribution or dissemination of this e-mail in any other jurisdictio n is strictly prohibited. ==============================================================================
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