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Astorius Resources Ltd.

Publié le 11 septembre 2012

Signs Work Agreement with Senior Mining Company for its Lake Babine Area Property, BC

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Mots clés associés :   Copper | Report |
Tuesday, September 11, 2012
News Release

Astorius Resources Signs Work Agreement with Senior Mining Company for its Lake Babine Area Property, BC

Astorius Resources Ltd. (ASQ -- TSX Venture) ("Astorius") is pleased to report that Xstrata Copper has agreed to conduct various geophysical surveys, namely IP and seismic surveys, over portions of Astorius' mineral claims in the Lake Babine area. Xstrata will provide Astorius with final report on the surveys and the survey costs in order that they may be filed for assessment work credits on the Astorius claims.

The Astorius claims are located approximately 70 kilometers northeast of Smithers in the prolific Babine Porphyry Copper/Gold Belt. They are adjacent to the Morrison Copper/Gold deposit owned by Pacific Booker Minerals to the northwest and the historic Bell and Granisle Mine properties owned by Xstrata to the south and west. Over the past year Astorius has been accumulating claims in this region and is currently the largest mineral tenure holder in the Babine camp. It holds a total of 101 claims which have a total area of approximately 36,012 hectares (approximately 88,985 acres).

The Bell Porphyry Copper-Gold Mine operated from 1977 to 1992 producing 304,795,539 Kg. of copper, 12,885,964 grams of gold and 38,319,730 grams of silver from 77,146,088 tonnes of ore. The Granisle Porphyry Copper-Gold Mine operated from 1966 to 1982 producing 214,299,455 kilograms of copper, 6,832,716 grams of gold and 69,752,525 grams of silver from 52,321,517 tonnes of ore. The Morrison Copper/Gold deposit has proven and probable reserves of 224,250,000 tones at an average grade of 0.330%Cu, 163g/t Au and 0.004% Mo. The deposit is planned for production and has been accepted for review by the federal and provincial governments.

Management is very pleased with Astorius' land position in the Babine area and is looking forward to the 2012 season.

FOR FURTHER INFORMATION PLEASE CONTACT:
Investor Relations --
Tel: 604.618.1758
Fax: 604.277.0815
e-mail: mpowell@astoriusresources.com
website: www.astoriusresources.com

ASTORIUS RESOURCES LTD.
T.J. Malcolm Powell
President


Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this News Release.

Astorius Resources Ltd.

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Astorius Ltd. est une société d’exploration minière basée au Canada.

Son principal projet en exploration est PAT PROJECT au Canada.

Astorius Ltd. est cotée au Canada. Sa capitalisation boursière aujourd'hui est 2,9 millions CA$ (2,1 millions US$, 1,9 millions €).

La valeur de son action a atteint son plus bas niveau récent le 22 janvier 2016 à 0,01 CA$, et son plus haut niveau récent le 23 septembre 2016 à 0,41 CA$.

Astorius Ltd. possède 26 210 000 actions en circulation.

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Projets de Astorius Resources Ltd.
11/09/2012Signs Work Agreement with Senior Mining Company for its Lake...
12/12/2011Happy Holiday Wishes from Astorius Resources Ltd.
06/07/2011Completed Airborne Geophysical Survey of Its Babine Copper-G...
08/06/2011Commences Airborne Geophysical Survey Of Its Babine Porphyry...
04/05/2011is Pleased to Announce the Expansion of Its Babine Property ...
08/12/2009(Pat Project)Completes Drill Program on Pat Copper-Gold Project, BC
06/10/2009(Pat Project)Drilling Commenced on Pat Copper-Gold Property, Cariboo Regi...
17/09/2009(Pat Project)Drill Program Planned
Communiqués de Presse de Astorius Resources Ltd.
31/05/2016Board and Officer Changes of Astorius
31/05/2016Powell Privately Sells Share Position in Astorius
17/05/2016Astorius Closes $60,000 Private Placement Financing
07/04/2015Astorius Resources Secures $108,000 Private Placement Financ...
25/09/2012Expands Its Claim Holding In The Prolific Babine Lake Copper...
18/05/2010Acquires Interests in Peru Claims
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