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Article: Fortune Valley Resources Inc. Acquires New Property in Chile
- Article from:
- CCNMatthews Newswire
- Article date:
- September 19, 2007
CopyrightCopyright 2007 CCNMatthews Newswire. Provided by ProQuest LLC. (Hide copyright information)
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Sept. 19, 2007) -
Fortune Valley Resources Inc. ("Fortune Valley Resources" or the
"Company") (TSX VENTURE:FVX) announces it has secured the mineral
rights to 4,000 hectares at the Tres Puntas property in Region III of
the Republic of Chile through successful application for new mining
concessions under the Chilean Mining Law.
The Tres Puntas project lies in Region III approximately 100
kilometres northeast of the city of Copiapo. The project covers a
Tertiary igneous complex with moderate to intense hydrothermal
alteration characterized by silicification and argillization. Past
exploration in the area was primarily for sulfur deposits; historical ...