Bell Copper Corporation

Published : October 31st, 2007

Continued Drilling at La Balsa Finds More Copper in New

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Copper | G Mexico | Mexico |

Marketwire

 
 
Bell Resources Corporation
TSX VENTURE:BL
Other Recent News

October 31, 2007
Bell Resources Corporation: Continued Drilling at La Balsa Finds More Copper in New Zones
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Oct. 31, 2007) - Bell Resources Corporation ("Bell") (TSX VENTURE:BL) is pleased to provide further assays from the ongoing drilling program at proposed merger partner Rogue River Resources Corp's ("RRR") La Balsa copper project located in Michoacan, Mexico. At the La Balsa project, drilling operations have been conducted since April 1, 2006.

Highlight:

- Drilling confirms copper mineralization outside the pending resource zones at the La Balsa Project in Mexico

The objective of the initial Phase I drill program at La Balsa was to delineate the previously identified deposits on the property, La Virgen and Iguana Prieta. This drilling determined that both deposits are significantly larger than previous data indicated. This Phase I drilling also identified a new third deposit, Playa Azul, proximal to the two known deposits.

The ongoing Phase II drilling continues to identify significant copper mineralization at La Balsa beyond the identified deposits being used for the pending NI43-101 resource calculation currently underway on the La Balsa copper project.

A summary of the most recent exploration holes drilled outside the current deposits/resource area at La Balsa are listed in the table below. To view a map with the drill hole placements and their proximity to the identified deposits being used for the pending NI43-101 go to: http://www.nexvucapital.com/s/RogueRiver.asp?ReportID=206394


-------------------------------------------------------------------
Drill Hole   From (Metres)   To (Metres)   Interval (Metres)   Cu %
-------------------------------------------------------------------

-------------------------------------------------------------------
MM-289                12             38                  26    0.93
-------------------------------------------------------------------
                      44             50                   6    0.19
-------------------------------------------------------------------
                      74             84                  10    0.63
-------------------------------------------------------------------
MM-290       No significant intercepts   
-------------------------------------------------------------------
MM-291       No significant intercepts   
-------------------------------------------------------------------
MM-292                46             48                   2    0.12
-------------------------------------------------------------------
MM-293                58             64                   6    0.30
-------------------------------------------------------------------
MM-294       No significant intercepts   
-------------------------------------------------------------------
MM-295                 4             60                  56    0.83
-------------------------------------------------------------------
MM-296                 0              4                   4    0.12
-------------------------------------------------------------------
MM-297                 4             12                   8    0.40
-------------------------------------------------------------------
                      34             38                   4    0.15
-------------------------------------------------------------------
                      46             52                   6    0.44
-------------------------------------------------------------------
MM-298       No significant intercepts   
-------------------------------------------------------------------
MM-299                10             12                   2    0.38
-------------------------------------------------------------------
                      32             38                   6    0.17
-------------------------------------------------------------------
 
"These assays further substantiate the belief that we have yet to identify the full potential of copper mineralization at the La Balsa project," states W. Glen Zinn president & CEO.

Mineralization is in the form of subhorizontal weathering-related blankets and underlying breccia, so that the reported intercept thicknesses are believed to be very nearly true thicknesses. Rogue River Resources uses a rigorous QA/QC protocol in its sampling and assaying work, including the insertion of field blanks and certified standard materials into the sample stream. Further exploration drill assays are pending and will be announced once they are available.

Brian Jones B.Sc. is the Qualified Person overseeing drilling and sampling on the La Balsa project.

The La Balsa project is located 14 kilometres east of the Port of Lazaro Cardenas in the State of Michoacan, Mexico. The project is being developed for near-term copper production.

For further information on Rogue River Resources and the La Balsa project please go to: http://www.nexvucapital.com/s/RogueRiver.asp

On September 4, 2007, Bell announced it had entered into a proposed business combination with Rogue River Resources and Grandcru Resources Corporation ("Grandcru") (TSXV:GR), whereby the three companies will amalgamate to form one company and collectively benefit from the near term production potential of the La Balsa project and the exploration potential of Bell's and Grandcru's copper exploration assets.

About Bell Resources Corporation

Bell Resources is focused on the exploration, development and production of copper in the Americas. The Company continues to target new acquisitions based on geological potential and economic viability. For further information on Bell Resources visit www.bellresources.com.

On behalf of the Board of Directors of Bell Resources Corporation

W. Glen Zinn, President and CEO

For further information please contact the Company Tel: 604 669-1484 or email: info@bellresources.com

Forward-looking statements in this release are made pursuant to the 'safe harbor' provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.


The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

CONTACT INFORMATION:

Bell Resources Corporation
Dwayne Diehl
(604) 669-1484
Email: ddiehl@nexvu.ca
Website: www.bellresources.com

or

Barnes McInerney Inc.
Daniel Weinerman
Account Executive
(416) 367-5000 ext. 248
Email: dweinerman@barnesmcinerney.com

INDUSTRY: Manufacturing and Production - Mining and Metals

Footer

Data and Statistics for these countries : Mexico | All
Gold and Silver Prices for these countries : Mexico | All

Bell Copper Corporation

DEVELOPMENT STAGE
CODE : BCU.V
ISIN : CA0778862080
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Bell Copper is a copper exploration company based in Canada.

Bell Copper develops copper and gold in Mexico, and holds various exploration projects in Canada and in Mexico.

Its main asset in development is LA BALSA in Mexico and its main exploration properties are SOMBRERO BUTTE, KABBA and LEDUC in Canada and SILVER BELL and COPPER SPRINGS (BELLCOPPER) in Mexico.

Bell Copper is listed in Canada and in United States of America. Its market capitalisation is CA$ 2.9 millions as of today (US$ 2.1 millions, € 2.0 millions).

Its stock quote reached its highest recent level on April 13, 2006 at CA$ 6.20, and its lowest recent point on March 06, 2015 at CA$ 0.01.

Bell Copper has 41 410 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Bell Copper Corporation
Annual Report 2007
Financings of Bell Copper Corporation
3/29/2012Announces Amendments to Private Placement Financing
6/3/2011Closes Balance of $4.5 Million Financing
5/12/2011Closes First Tranche of Financing
4/27/2011Increases Financing to $4 Million and Announces Board and Ma...
6/17/2010Shares Issued to Macquarie, Expiration & Exercise of Share P...
5/17/2010Non-Brokered Private Placement
3/10/2010Closing of Private Placement
1/21/2010Non-brokered Private Placement Increase
11/30/2009Non-Brokered Private Placements
11/2/2009Closing of Private Placement and Warrant Amendment
10/29/2009Non-Brokered Private Placement
8/13/2009Private Placement Closed and Warrant Amendment Approved
8/11/2009Private Placement Increased
7/29/2009Non-Brokered Private Placement
3/10/2009Non-Brokered Private Placement
12/17/2008Kabba Project Drilling - Increased Private Placement
12/11/2008Non-Brokered Convertible Debenture Private Placement
11/3/2008Non Brokered Private Placement
9/25/2008Second Tranche Closing of Private Placement
9/8/2008First Tranche Closing of Private Placement
8/7/2008Non-Brokered Private Placement Terms Amended
7/9/2008Non Brokered Private Placement
4/18/2008Brokered Private Placement Of Units
Nominations of Bell Copper Corporation
2/29/2012Announces Changes to Board of Directors
10/7/2011Announces Appointment of New Corporate Secretary
5/8/2007Appointment to the Board & Exercising of Warrants
Project news of Bell Copper Corporation
8/7/2013(La Balsa)Completes Sale of the La Balsa Project & SXEW Plant - Procee...
7/9/2013(La Balsa)Agreement to Sell the La Balsa Project & SXEW Plant Proceeds...
9/10/2012(Sombrero Butte)Amends Purchase Agreement with Copper Fox Metals and Complet...
4/12/2012(Kabba)Options 60% Interest in Kabba Project to AKA Ventures
3/21/2012(La Balsa)Provides Update on its La Balsa Project
3/12/2012to Complete Van Dyke Acquisition
9/1/2011(Kabba)Intersects Significant Base Metal Mineralization in Kabba Po...
6/30/2010(La Balsa)Drilling Update
5/18/2010(La Balsa)Update
5/13/2010Sombrero 43-101 Technical Report
5/6/2010(La Balsa)Exploitation Agreement
5/4/2010(La Balsa)Drilling commences
2/11/2010(Kabba)Completes Drillhole K-8, Cores K-9
12/16/2009(Granduc Copper Mine)Begins Geophysical Survey of Granduc Mine
12/14/2009(Kabba)Begins Drillhole K-8 at Kabba Project
11/23/2009(Kabba)Kabba Drilling Update
11/6/2009(Kabba)Kabba Drilling Update
11/2/2009(Kabba)Kabba Phase II Drill Update:
7/7/2009(Kabba)Kabba Drilling Update
6/11/2009(Kabba)Kabba Drilling Re-Commences
3/10/2009(Kabba)Kabba Drilling Update
3/2/2009(Kabba)Kabba Drilling Commences
1/27/2009(Sombrero Butte)Mineral Exploration Roundup Core Shack 2009
1/13/2009(Sombrero Butte)Creek-Sombrero Option Agreement Amendment
6/24/2008(Kabba)Kabba Data Compilation Supports Large Porphyry Mo-Cu Target
3/17/2008(Fox River Mafic Belt)Drilling Begins at Fox River Project
2/6/2008Phase II Drilling Complete at Sombrero Butte in Arizona
1/28/2008(La Balsa) Reports La Balsa NI 43-101 Technical Report
7/4/2007(Fox River Mafic Belt)Fox River Exploration Update
5/24/2007More High Grade Copper from Arizona: Bell cuts 66 meters of ...
5/23/2007(Kabba)Drilling of Cu-Mo Porphyry Target Begins at Kabba Project
Corporate news of Bell Copper Corporation
9/17/2015Bell Issues Units, Shares For Debt And Announces Annual Meet...
3/25/2015Non-brokered Private Placement Financing
11/20/2013(Kabba)Kabba NI43-101 Report
9/24/2012Announces Management Changes/Advance Notice Policy
7/9/2012(Sombrero Butte)Signs Purchase Agreement with Copper Fox Metals in Respect o...
6/28/2012Announces Results of Annual and Special Meeting of Sharehold...
6/21/2012Provides Corporate Update
6/8/2012Announces Defaults Under Secured Term Credit Facility
5/31/2012Announces Proposed Share Consolidation
6/27/2011(Kabba)Commences Drilling a 3 km by 5 km Copper-Molybdenum Porphyry...
6/20/2011(La Balsa)Advances La Balsa Feasibility Study and Van Dyke Programs fo...
3/11/2011Announces $2,500,000 Brokered Private Placement Financing
8/19/2010La Balsa Iron Ore Exploitation Agreement
6/2/2010Drillhole K-9 Update
5/12/2010New Director Appointed
5/3/2010Shares Issued To Macquarie
4/29/2010Retains Renmark Financial Communications Inc.
4/9/2010Shares Issued to Macquarie
4/8/2010Van Dyke Copper Mine Purchase
4/6/2010Granduc Option Agreement
3/2/2010Shares Issued To Macquarie
2/4/2010Shares Issued to Macquarie
1/21/2010Management Addition
12/15/2009New Management
12/9/2009Acquisition of 100% Interest in Silver Leduc Mineral Claims
12/7/2009Proposes Spin-Off Transaction
11/5/2009Shares Issued To Macquarie
10/2/2009Shares Issued To Macquarie
9/2/2009Shares Issued to MacQuarie
8/13/2009Gryphon Summit Litigation
7/3/2009Shares Issued To Macquarie
3/4/2009Shares Issued To Macquarie
2/26/2009Debenture Financing Completed
2/6/2009Options
1/23/2009Extension of Macquarie Demand Debenture
12/17/2008Investor Relations
12/4/2008Strategic Plan
11/15/2008CFO, Brian Leeners provides update on Bell Copper's upcoming...
8/23/2008Disclosure Review
7/16/2008Options Interest in Arizona Project
7/14/2008Brian Leeners explains the significance of new breccia pipes...
7/8/2008Discovers Advanced Argillic Alteration in New Breccia Pipes ...
6/25/2008Executive Interview
4/12/2008Announces Final Court Hearing Date for Grandcru-Rogue River ...
4/8/2008 Grandcru Resources and Rogue River Resources Announce Propo...
4/3/2008 Retains Agoracom To Provide Investor Relations, Social Netw...
4/3/2008Exhibiting at the Calgary Resource Investment Conference
3/29/2008, Grandcru Resources And Rogue River Resources Receive Major...
2/28/2008Phase II Drilling Confirms More Copper at Sombrero Butte in ...
12/19/2007Options Outland Silver Bar Property to Glen Hawk Minerals Lt...
10/31/2007Continued Drilling at La Balsa Finds More Copper in New
10/30/2007 Phase II Drilling at Sombrero Butte Targets Suspected Under...
10/16/2007Begins Phase One Drilling Program at Gryphon Project
10/10/2007Provides Gryphon Summit Property Overview
9/25/2007Option Agreement With Golden Gryphon USA, Inc.
9/20/2007Reports La Balsa Project Drill Results of Rogue River Resour...
9/19/2007Drilling Begins at Mesa Well Project in Arizona
9/4/2007Grandcru Resources & Rogue River Resources to Complete Three...
8/15/2007 Continues to Expand Presence in Arizona With New Copper Pro...
8/8/2007Introduces New Porphyry Copper Project in Arizona
7/10/2007Extends Copper Mineralization at Sombrero Butte Project
7/5/2007Engages Barnes McInerney
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (BCU.V)
0.070+0.00%
TSX-V
CA$ 0.070
04/24 14:24 -
0%
Prev close Open
0.070 0.075
Low High
0.070 0.075
Year l/h YTD var.
0.070 -  0.110 -30.00%
52 week l/h 52 week var.
0.070 -  0.200 -65.00%
Volume 1 month var.
113,951 -36.36%
24hGold TrendPower© : -21
Produces
Develops Copper
Explores for Copper - Molybdenum
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.97-1.30%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55+0.00%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.39-3.24%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.34+0.62%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24-2.08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.76-1.68%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 51.86-1.34%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :