Hutchison Minerals Company Ltd.
Hutchison Minerals Co. Ltd. Begins Expanded Exploration Program on Tawi-Tawi Prospect
Hutchison Minerals Company Ltd. / Key word(s): Miscellaneous Hutchison Minerals Co. Ltd. Begins Expanded Exploration Program on Tawi-Tawi Prospect Toronto, Canada – (For immediate release) – May 9, 2011 Hutchison Minerals Co. Ltd. (www.hutchisonminerals.com), Deutsche Börse (Frankfurt Exchange) ticker symbol: HZ0, announced today that it has begun implementing the supplemental work program to further explore an additional 160 Hectares of land at the Tawi-Tawi prospect. The program includes digging shallow test pits at 100 meter intervals, and the Company hopes to more accurately delineate the extent of the ore body. The Company will be using McPhar Geoservices (PHIL.), Inc. to test for nickel, cobalt and ferrous oxide, and will be forwarding test results in batches of 500 samples at a time. It is anticipated that the additional work will require 3 months to complete, To date, the Company has explored 40 hectares with an estimated resource at a depth of 2 meters of 1,040,000 wet metric tons (WMT) with a grade of 1% Ni, 0.6% Co and 32% Fe2O3.
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Orlando dela Cruz- President and CEO Email: info@hutchisonminerals.com End of Corporate News 10.05.2011 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 |
123796 10.05.2011 |