Astorius Resources Acquires Hautete Claim in the Prolific Babine Lake Copper-Gold Area, BC
June 04 2013 - 8:00AM
Access Wire
Astorius Resources Ltd. (ASQ -- TSX Venture) ("Astorius") has
filed and acquired 1 British Columbia Mineral Claim, the Hautete
Claim, covering an area of 240.02 Hectares. The claim is located
approximately 85 kilometres northeast of the community of Smithers
in the Prolific Babine Porphyry Copper/Gold Belt in Central British
Columbia.
The new claim covers a trend that was identified by a review of
Minfile occurrences and Assessment Reports available from the
British Columbia Ministry websites. Historic work within and
adjacent to this claim has returned significant results from
surface sampling and geophysical surveying, (ARIS reports 23349,
23350, 23351 and 24107). This work was summarized by Walcott and
Associates in Astorius assessment report of 2011. The Walcott
compilation of data indicates that elevated values of copper and
gold from rock samples are coincident with an IP chargeability
anomaly that trends through the area. Historical rock chip samples
taken from showings in this area assay up to 5g/t Gold and 1%
Copper (see map below).
Over the past three years Astorius has been accumulating claims
in this region and is currently the largest mineral claim holder in
the Babine camp. It holds a total of 105 claims which have a total
area of approximately 39,023.41 hectares (approximately 96,428.94
acres). The claims surround the historic Bell and Granisle porphyry
copper-gold mines owned by Xstrata Canada Corporation.
The Bell Porphyry Copper-Gold Mine operated from 1977 to 1992
producing 304,795,539 Kg. of copper, 12,885,964 grams of gold and
38,319,730 grams of silver from 77,146,088 tonnes of ore.
The Granisle Porphyry Copper-Gold Mine operated from 1966 to
1982 producing 214,299,455 kilograms of copper, 6,832,716 grams of
gold and 69,752,525 grams of silver from 52,321,517 tonnes of
ore.
The Company plans to carry out a ground IP survey in the Hautete
area in 2013 in order to further detail the geophysical targets
prior to diamond drilling.
FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Relations -
Tel: 604.618.1758 e-mail: mpowell@astoriusresources.com
Fax: 604.277.0815 website: www.astoriusresources.com
ASTORIUS RESOURCES LTD.
T.J. Malcolm Powell
President
Neither the TSX Venture Exchange nor its regulation services
provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this News Release.
Astorius Resources (TSXV:ASQ)
Historical Stock Chart
From Dec 2024 to Jan 2025
Astorius Resources (TSXV:ASQ)
Historical Stock Chart
From Jan 2024 to Jan 2025