Let the pump begin!!!
:-)
Bell Coast commences exploration at Shadow Mountain
2003-10-16 12:14 ET - News Release
Mr. Rahoul Sharan reports
Bell Coast Capital has commenced an exploration program on area 1 and area 12, known as the "Shadow Mountain project," in Mongolia. The properties are located approximately 50 to 70 kilometres east of Ivanhoe's Turquoise Hill deposits.
The focus of the immediate program will be an area of surface copper mineralization on area 12 first visited during the 2003 winter drilling program on the adjacent area 1 property.
Studies of satellite imagery of the two claim blocks (totalling approximately 100,000 hectares) has indicated two elliptical-shaped bodies that are probably large intrusives (each is at least five kilometres in the long direction). Drilling in area 1 during the winter of 2003 intersected copper mineralization and strong alteration along the southern contact of the eastern intrusive. The remainder of the intrusive, which was also defined by results of a ground magnetic survey, remains untested and is buried under transported material.
The western intrusive remains untested but visual malachite in intrusive rocks near its southern contact indicate that the area is copper enriched. A program of gridding, detailed mapping and rock sampling to further explore this area will begin shortly.
It is planned that both intrusives will be surveyed by deep-penetrating induced polarization surveys in 2004.
WARNING: The company relies upon litigation protection for "forward-looking" statements.
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