Continental Minerals Corporation and China NetTV Holdings Inc.: Multi-Rig Drilling Rapidly Expanding Xietongmen Copper-Gold Deposit.
Business Wire › December 01, 2005
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Continental Minerals Corporation and China NetTV Holdings Inc.: Multi-Rig Drilling Rapidly Expanding Xietongmen Copper-Gold Deposit.
VANCOUVER, British Columbia -- Ronald W. Thiessen, President and CEO of Continental Minerals Corporation (TSX VENTURE:KMK)(OTCBB:KMKCF), and Anthony Garson, President and CEO of China NetTV Holdings Inc. (OTCBB:CTVH), announce the results from thirteen additional core holes completed at the Xietongmen copper-gold property, located 240 kilometres southwest of Lhasa in Tibet, People's Republic of China. Drilling, with six rigs in operation, is ongoing and continues to intersect long intervals of high-grade copper and gold mineralization. Assay results consistently show the strong continuity of the mineralization. The area tested by vertical drill holes now measures approximately 800 metres northwest-southeast by 350 metres northeast-southwest. Mineralized intersections average about 225 metres from all holes assayed. This substantial copper-gold deposit discovery remains open to expansion in all lateral directions.
New results from drill holes numbered 5027 through 5031 and 5037 through 5044 are reported below and a table of all drill hole assay results to date is attached. A Property Location Map, a Drill Hole Plan and Cross Sections ar...See the full content of this document
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