Alcorn Gold Resources Gets Copper Exploration Permit -Shanghai Metals Market

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Alcorn Gold Resources Gets Copper Exploration Permit

Industry News 01:35:33PM Jun 23, 2010 Source:SMM

MANILA, Jun 22, 2010 (Dow Jones Commodities News via Comtex) -- Alcorn Gold Resources Corp. (APM.PH) said Wednesday it has secured from the government a permit to explore for potential copper reserves in the central Philippines.

The permit, issued by the Mines and Geosciences Bureau, covers a contiguous area of 700 hectares in Concepcion town in Iloilo province.

"The exploration program is designed to confirm and qualify the presence of previously detected surface presence of copper-bearing outcrops and possibly delineate mineable reserves of copper ore," the company said in a statement to the stock exchange.

The exploration permit is good for two years and is renewable up to six years. 
 
 

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#1 Refined Cu
Apr.19
49430.0
-170.0
(-0.34%)
Yangshan Copper Premium(Bill of Lading)
Apr.19
51.5
0.0
(0.00%)
Yangshan Copper Premium(Warehouse Warrant)
Apr.19
50.5
0.0
(0.00%)
Imported Cu Concentrate TC(Cu≥26%,Week)
Apr.19
67.0
-1.5
(-2.19%)
Imported Cu Concentrate TC(Cu≥26%,Month)
Mar.29
73.5
-6.0
(-7.55%)

Alcorn Gold Resources Gets Copper Exploration Permit

Industry News 01:35:33PM Jun 23, 2010 Source:SMM

MANILA, Jun 22, 2010 (Dow Jones Commodities News via Comtex) -- Alcorn Gold Resources Corp. (APM.PH) said Wednesday it has secured from the government a permit to explore for potential copper reserves in the central Philippines.

The permit, issued by the Mines and Geosciences Bureau, covers a contiguous area of 700 hectares in Concepcion town in Iloilo province.

"The exploration program is designed to confirm and qualify the presence of previously detected surface presence of copper-bearing outcrops and possibly delineate mineable reserves of copper ore," the company said in a statement to the stock exchange.

The exploration permit is good for two years and is renewable up to six years.