Business
Anatolia reports porphyry copper mineralization announced by Empire at Bursa East
TORONTO, Nov. 7 /CNW/ - Anatolia Minerals Development Limited ("Anatolia" or the "Company") (TSX:...
About this update from Allied Strategic Resources Corp
[{"type":"text","content":"\n\n\n\nTORONTO, Nov. 7 /CNW/ - Anatolia Minerals Development Limited ("Anatolia"\nor the "Company") (TSX: ANO) today reported that its partner at Bursa East has\nannounced results of its recently completed initial diamond drill program at\nthe Bursa East copper-molybdenum porphyry project in Turkey. Empire Mining\nCorporation ("Empire") holds an option to earn a 65% interest in Bursa East\nand is responsible for funding project costs until earn in is complete.\n\n\nBelow is the entire text of the Empire news release as issued by Empire:\n\n\nEmpire Mining Corporation (EPC: TSX-V) ("Empire" or the "Company") is\npleased to announce results of its recently completed initial diamond drill\nprogram at the Bursa copper-molybdenum porphyry project in Turkey. Significant\ncopper mineralization was intercepted in five of six holes testing the\nKarapinar prospect at Bursa including 99.7 metres from surface averaging 0.50%\ncopper, 0.007% molybdenum and 0.10 grams per tonne gold in Drill Hole KDH-006.\n\n\nEmpire is earning a 65% interest in Bursa from Anatolia Minerals\nDevelopment Limited. The Bursa Property is located 120km south of Istanbul\nwithin the Turkish sector of the Tethyan Metallogenic Belt. The Tethyan Belt\npasses through central and Southeast Europe, the Middle East, and central and\nSoutheast Asia and hosts a number of significant copper-molybdenum-gold\nporphyry deposits.\n\n\nEmpire's program consisted of six diamond core holes, totaling 1,601\nmetres, designed to confirm and expand the zone of porphyry copper\nmineralization indicated in three earlier holes by Rio Tinto the at Karapinar\ndeposit (see announcement of July 10th, 2008). Five of the six holes, results\nof which are summarized below, intercepted thick intervals of copper\nmineralized porphyry with significant molybdenum and gold over a surface area\napproximately 400 metres x 400 metres. The mineralized porphyry is open in all\ndirections laterally and at depth.\n\n\n----------------------------------------------------------------------\n Total From To Intercept Cu Mo Au\n Hole No. Depth (m) (m) (m) (m) (%) (%) (g/t)\n----------------------------------------------------------------------\n KDH-006 363.00 0.00 99.70 99.70 0.50 0.0071 0.10\n---------------------------------------------------------------------...