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Frank Pembleton

10/21/02 8:44 AM

#11 RE: Old Frank P #9

Western Copper Holdings Limited: Drilling Extends Chile Colorado Zone At Penasquito Silver Property
Monday October 21, 8:39 am ET


VANCOUVER, British Columbia--(BUSINESS WIRE)--Oct. 21, 2002-- Western Copper Holdings Limited (TSX:WTC - News; "Western") today announced assay results from twelve of seventeen core holes (8,105 meters total) drilled at its 100%-owned Penasquito silver-gold-lead-zinc property in the Concepcion del Oro district of Zacatecas State, Mexico. Seven holes completed at Chile Colorado demonstrate that mineralization remains open to the east, northwest and southwest. Extending Chile Colorado to the east for at least an additional 150 meters is particularly significant because it contains a new zone of higher-grade mineralization.

http://biz.yahoo.com/bw/021021/212326_1.html