Hutchison Minerals Company Ltd.
Hutchison Minerals Company Ltd. : Hutchison Minerals Co. Ltd. to Expand Exploration Program on Tiwi-Tiwi Prospect
Hutchison Minerals Company Ltd. / Key word(s): Miscellaneous Hutchison Minerals Co. Ltd. to Expand Exploration Program on Tiwi-Tiwi Prospect Toronto, Canada – (For immediate release) – April 29, 2011 Hutchison Minerals Co. Ltd. (www.hutchisonminerals.com), Deutsche Börse (Frankfurt Exchange) ticker symbol: HZ0, advises that based on the positive test results achieved exploring an initial 40 hectare area of the Tawi-Tawi prospect, it will expand the tested acreage to a total of 200 hectares. During the initial study conducted, 40 shallow test pits were dug at 100 meters spacing. Compass and tape traverse method was employed to pinpoint the exact location of test pits and sampling point. The estimated resource in the first 40 hectares, at depth of 2 meters using a specific gravity of 1.3, is 1,040,000 wet metric tons (WMT) with a grade of 1% Ni, 0.6% Co and 32% Fe2O3. The Company will utilize the same techniques employed on the initial 40 hectares for the additional 160 hectares to be tested. Disclaimer & Safe Harbor Statement: Hutchison Minerals Company Ltd. Email: info@hutchisonminerals.com End of Corporate News 29.04.2011 Dissemination of a Corporate News, transmitted by DGAP – a company of EquityStory AG. The issuer is solely responsible for the content of this announcement. DGAP’s Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de |
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