TORONTO, July 27 /CNW/ - Nuinsco Resources Limited (NWI: TSX) is pleased to announce the commencement of diamond drilling at Falconbridge Limited's Berta porphyry copper- gold project in Turkey. The 1,000 meter drill program started on July 22 and is the last part of Nuinsco's earn-in to 50% on the project. The program is focused on widespread copper and gold anomalies identified in earlier soil and rock sampling programs and geological mapping. An extensive alteration system, outlined by a total of 967 soil samples in a 15 square kilometre project featured three areas of exceptionally anomalous copper and gold. These target areas are defined by copper greater than 450 ppm and/or by 300 ppb gold from samples taken at 100 metre spacing. Numerous samples, however, exceed 1,000 ppm copper and up to 3.5 ppm gold have been obtained (including one exceptional value of 12.8 ppm gold). The property is located approximately 50 kilometers south of the Black Sea in northeastern Turkey. It lies within the prolifically mineralized Pontide Mountains metallogenic belt. Brian E. Robertson, President said, "We are pleased with the rapid advancement to the drilling stage for this high priority project and impressed with the efficiency of the permitting process. As detailed in earlier Press Releases, this is a large porphyry system located in a prolifically mineralized belt with excellent soil sampling and results. In a number of areas near surface, copper mineralization has already been identified on the property. Given current high copper and gold prices, the drilling of the property is timed with a hospitable atmosphere for emerging copper- gold porphyry properties." The licenses encompass a large area of extensively altered and sulphide mineralized dacite volcanic and intrusive rocks in rugged terrain displaying approximately 1,550 metres of vertical relief. The total volume of rock affected by the alteration and mineralization within the Berta system is considerable, with mineral exposure observed over 1,000 metres of vertical elevation. FORWARD-LOOKING STATEMENTS: Except for statements of historical fact, all statements in this news release - including, without limitation, statements regarding future plans and objectives of are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate; actual results and future events could differ materially from those anticipated in such statements. %SEDAR: 00001232E
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