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Article: Drilling at Tiomin's Pukaqaqa Copper/Gold Project Confirms Potential
- Article from:
- CCNMatthews Newswire
- Article date:
- January 30, 2006
CopyrightCopyright 2006 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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TORONTO, ONTARIO--(CCNMatthews - Jan. 30, 2006) - Tiomin
Resources Inc. (TSX:TIO) is pleased to announce that a new mineral
resource estimate has been completed on the Pukaqaqa copper/gold
deposit. Pukaqaqa, in which Tiomin can earn a 49% interest, is
located on a 31.5 sq. km. land package situated 10 km northwest of
the town of Huancavelica and 230 km southeast of Lima, Peru.
With a substantial copper resource defined at Pukaqaqa, combined
with a strong commodity price environment with spot copper trading at
over US$2.20/lb recently, Tiomin now well positioned to become a
diversified mining company with exposure to copper and gold in Peru,
as well as titanium (rutile and ilmenite) and ...