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Property NewsSeptember 30, 2007 Reported a seven-hole drill program totaling 1,737 metres, was completed. In Hole BGD-05 intersected copper values up to 0.16% over 2 metres. March 31, 2007 Subsequent geophysical surveying confirmed the drill hole intersected the fringe of a strengthening chargeability anomaly that will be drill tested during 2007. November 15, 2006 Initial property examination and rock sampling identified copper values up to 2.8%, accompanied by
elevated palladium (1.37 g/t), gold (0.5 g/t), and platinum (0.29 g/t). The strongest mineralized zones are coincident with composite ground magnetic high and low circular and annular anomalies, up to 1500 metres in diameter. Three scout drill holes drilled in 2005 to test coincident geochemical and geophysical anomalies, intersected several copper mineralized intercepts hosted within potassic altered diorite and gabbros-diorite in the eastern part of the property and in an outlier of altered granosyenite and diorite in the centre of the large Biger pediment called Altan Khad. The drill hole testing Altan Khad intersected a 24 metre section that assayed 0.5% copper with elevated gold (0.1g/t) and palladium (0.1g/t) values.
In October 2006, an extensive gradient IP survey followed by a targeted dipole-dipole IP survey was completed over the main Biger copper-gold-PGE (platinum group element) prospect. This area includes the central Altan Khad mineralized outlier in the buried pediment area and an adjacent mineralized gabbro/diorite located seven kilometres to the east. In addition, a mobile metal ion (MMI) geochemical orientation survey was also completed over the central Altan Khad mineralized outlier and the mineralization intersected in the 2005 drill hole in an attempt to identify buried mineralized bodies. Results and interpretation leading to drill target definition is anticipated in the fourth quarter 2006.
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