News out; More gold and copperTenke Mining Corp.: Josemaria Copper/Gold Project Update
Wednesday August 24, 1:04 pm ET
VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - Aug. 24, 2005) - Tenke Mining Corp. (the "Company") (TSX:TNK - News) is pleased to announce the final results of the second season of drilling at the Josemaria copper/gold/molybdenum porphyry system in northwest San Juan Province, Argentina. As a result of the drilling success, Nilsson Mine Services Ltd. has been retained to perform a resource estimate compliant with National Instrument 43-101.
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Josemaria mineralization is porphyry copper-related, with significant gold genetically correlated with as many as three main porphyry facies. The system grades from propylitic to phyllic alteration into central zones with a core of potassic alteration. Increased magnetite and bornite-chalcopyrite content with depth has been identified along several cross sections of drilling. The majority of holes have ended in mineralization.
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