Bell Coast, Staccato Gold start Copper basin drilling
Bell Coast Capital Corp BCP
Shares issued 30,900,356 Apr 5 close $0.22
Tue 6 Apr 2004 News Release
Also (CAT)
Mr. Rahoul Sharan reports
BELL COAST AND STACCATO BEGIN DRILLING COPPER BASIN, NEVADA
Bell Coast Capital and Staccato Gold Resources have commenced drilling of
the Copper basin property located in the Battle Mountain/Eureka trend in
central Nevada. The Copper basin property is subject to an option agreement
with Staccato, with Bell Coast acting as the operator of the project.
Staccato can earn 20 per cent of Bell Coast's interest in Copper basin by
covering all first-year property payments and paying 20 per cent of
exploration costs.
Copper basin is one of five advanced-exploration drill-ready Nevada
properties recently acquired from High Desert Minerals, a subsidiary of
Royal Gold. Staccato and Bell Coast recently signed a formal agreement to
jointly develop the five projects.
Previous drilling on the Copper basin property has intersected highly
anomalous gold values (including 60 feet at 0.084 ounce per ton gold and 95
feet of 0.049 ounce per ton gold) in a structurally controlled skarn-type
mineralization associated with major intrusive rocks. Magnetic surveys have
also outlined a large strong anomaly in the area of intersecting structural
patterns that has not been previously tested.
The program will consist of seven reverse-circulation holes and will test
the extensions of previously intersected zones (three holes) and the area
of the large magnetic anomaly (three holes). The data review and drill
program are being supervised by Charlie Ekburg. Mr. Ekburg was a senior
geologist with Newmont during the eighties and early nineties and led or
was part of the teams that discovered a dozen gold mines/significant gold
deposits in Nevada.
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