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
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