Business
Itoco Mining Corporation: North America’s First Publicly Traded Emerald Mining and Trading Company
Itoco Mining Corporation: North America’s First Publicly Traded Emerald Mining and Trading Company.
About this update from Itoco Inc
[{"type":"text","content":"\n \n Itoco Mining Corporation announces the appointment of Dr. Stewart A. \n Jackson, P.Geo. to its advisory Board.\n \n \n “On behalf of Itoco Mining Corp, I would like to welcome Dr. Jackson to \n the team,” stated Company CEO Mr. Michael Paul. “His expertise in the \n mining sector and his business experience will further strengthen our \n board of directors.”\n \n \n Dr. Jackson is a well-regarded exploration specialist with many years in \n the mineral exploration and development areas. With his Crown Resource \n Corporation, he discovered and initiated production from multiple gold \n discoveries producing multi- million ounces in Washington State, USA, \n including the current Buckhorn Mine of Kinross.\n \n \n He was involved in the acquisition and exploration of multiple gold and \n silver deposits in North, South and Central America, the Philippines, \n and Indonesia. He acquired and delineated a 3 billion tonne uranium, \n vanadium, nickel, zinc and molybdenum resource in Sweden. His drilling \n program at the Turnagain nickel deposit in Northern BC, Canada was \n instrumental in the advancement of that exploration target to a large \n nickel resource (over 1 billion tonnes).\n \n \n He had significant involvement with the Pine Point lead-zinc \n deposit, the Red Dog zinc deposit of western Alaska.\n \n \n In addition to metals exploration he has been involved in a broad range \n of exploration fields, including industrial minerals, and diamonds.\n \n \n Moreover, Dr. Jackson over the past 2 years has been following the \n development of the company and has a very clear understanding of the \n genesis of the emerald formation. Dr. Jackson says: “Geology and \n engineering will be a very important addition and represents a key part \n of the process for this successful operation.”\n \n \n With the guidance of Dr. Stewart the company sees several perspective \n targets that are worthy of further development or exploration; within \n the existing mine workings, down-dip of the existing workings, the \n northern strike extent of the footwall (current workings), the breccia \n zone and the hanging wall. All of these settings are geologically and \n observationally valid hosts. At present the workings, when factoring in \n all the aforementioned targets, represents perhaps 10% o...