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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 Jun 07, 2005 8:19am
86 Views
Post# 9125713

drilling news

drilling newsAPPALACHES RESOURCES INC. Transmitted by CNW Group on : June 7, 2005 06:00 Ressources Appalaches recommences drilling at Mont-de-l'Aigle RIMOUSKI, June 7 /CNW Telbec/ - Ressources Appalaches has recommenced exploration at Mont-de-l'Aigle with a three-hole drill program. Prior drilling has outlined the presence of copper-mineralized zones up to 60 metres thick, but with insufficiently high grades (0.2%) to consider a production study. The three new drill holes are planned to test for the presence of copper-enriched zones (over 1% or 2% Cu). Of the 22 targets identified in 2004, only 8 have been drilled. The final interpretation of the Titan 24 geophysical survey in March 2005 concluded that two of the earlier drill holes were not drilled deep enough to intercept the geophysical anomalies. These two drill holes will be deepened to penetrate the projected mineralized zones. The first drill hole (F05-1) will deepen an old hole by 200 metres to a total depth of 400 metres. This drill hole contains well mineralized zones above 200 metres and has not yet attained its principal target. The second drill hole (F05-2) will deepen an other old hole to a total depth of 350 metres to confirm the extension of a known 900 metre long anomaly. A new 200 metre deep hole (F05-3) will be drilled to confirm the upper part of a strong geophysical anomaly that extends to a depth of 600 metres over a strike length of 1.2 Kms. The details of this press release are illustrated at www.ressourcesappalaches.com The contents of this press release were prepared by Alain Hupé, a person qualified under NI43-101. The TSX Venture Exchange has not reviewed and does not accept responsibility for the contents herein. -30- /For further information: André Proulx, Président, (418) 724-0901, a.proulx@ressourcesappalaches.com; Jean-Eudes Guilbault, Relations avec les investisseurs, (418) 721-5187, info@ressourcesappalaches.com; www.ressourcesappalaches.com/
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