Diamond Drilling on the Afton Copper-Gold Project has intersected significant copper-gold mineralization west of the mineral zone envelope boundary used in the 2000-2001 indicated mineral resource estimate of 37.7 million tons (34.3 million tonnes) of 2.32% Copper Equivalent. (Reference: April 25, 2002 Press Release -- Afton Mineral Resource Study.)
DDH 2K02-52 @ -45º/244, drilled above DDH 2K-14, intersected 2.55% Copper Equivalent over a drill core length of 62 metres (203 ft) within an overall mineralized core length interval of 100 metres (328 ft). The present interpretation is a possible widening of the high grade copper-gold mineralization beyond the previously indicated mineral zone boundary.
ASSAY INTERSECTION FOR DDH 2K02-52:
Core Length Depth Copper Gold Palladium Silver Copper
m (ft) M % Oz/t oz/t oz/t Equiv. %
----------- ------- -------- ------ ----------- ------- ----------
38 (125) 186-224 0.65 0.015 0.004 0.03 1.12
62 (203) 224-286 1.61 0.033 0.007 0.1 2.55
Metal Prices US.$: Cu $0.75/lb, Au $325/oz, Pd $400/oz, Ag $5.00/oz
DRC Resources is proceeding with the $1.1 Million Afton 2002 Diamond Drill Program as a continuation of the $4.7 million program as recommended by the Company's independent engineer.
On behalf of the Board of Directors
"John H. Kruzick"
John H. Kruzick, President
DATE: June 6, 2002
U.S. Rule 12g3-2(b)Exemption
Website: www.drcresources.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.
CAUTIONARY NOTE: Statements in this press releaset are a preliminary assessment of potential economics under a certain set of parameters and assumptions. The indicated mineral resource is not a mineral reserve and does not demonstrate economic viability. Further studies will be required to determine economic viability. The company relies on litigation protection for "forward-looking" statements.
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