Dr."
The Carache Canyon deposit, in addition
to its potential for
open-cut mining, also appears to offer potential for underground
mining of
high-grade zones.
Dr.
Black Canyon Mica Property, Arizona
The company has continued
to process and sell limited quantities
of its high quality mica powders to the cosmetics and plastics
industries.
Accordingly, there may be differences between the actual results and
the predicted
results, and actual results may be materially higher or
lower than those indicated in the forward
-looking information
contained herein.
This program focuses on testing for previously unrecognized
zones
of mineralization by evaluating a new geological model.
dolomite gmrv
Ortiz Gold Property, New Mexico
Since acquiring rights to the two million ounce Ortiz gold
property, the company has begun
assessment of the large quantity of
technical information available. The company is continuing to
evaluate
selected geologic and drilling data relevant to the feasibility of
underground mining
.
Financial Audit
The company has continued to work on the audit of its financial
statement
for the fiscal year ended June 30, 2004.OB is pleased to report the
initiation of a selective drill
program by Cadillac West Explorations
Inc.wmc jilin
As the next step in
advancing the project, we intend
to appoint a well qualified
independent engineering firm to carry out further assessment and to
prepare
an updated pre-feasibility report.
Precious Metals Acquisitions
With its new focus on
precious metals and copper, the company is
actively seeking precious metals properties and currently
is
evaluating a number of opportunities for possible acquisition. Discussions are on going with parties
who have expressed an
interest in providing the needed funding.
These targets were selected from
a re-assessment of historical
data as well as from the results of airborne magnetic and
electromagnetic
surveys, a comprehensive litho-geochemical survey and
remote sensing structural analyses.inmet tinto
The mine
at Black Canyon has remained on
care-and-maintenance.
The company continues to seek the financing
necessary to upgrade
and expand the mining and processing facilities and to provide working
capital
.kaolin inmet
The information contained herein regarding risks and
uncertainties, which may differ materially
from those set forth in
these statements, in addition to the economic, competitive,
governmental
, technological and other factors, constitutes a
"forward-looking statement" within the meaning of
Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the Securities
Exchange
Act of 1934, as amended, the Private Securities Litigation
Reform Act of 1995 and is subject to the
safe harbors created thereby. (CWE) on claims in the region of Rouyn-Noranda in western Quebec. Includes
businesses that supply products and services in support of these activities in the fields of geology
, geophysics, mining , and other earth sciences.
manganese wollastonite
The company recently paid the annual lease payment
required to
cover the Ortiz gold property until February 2006.
It is important to note that the
Corporation's actual outcomes may
differ materially from those in forward looking statements contained
in this press release.wmc poltegor
A pre-feasibility study concluded the deposits
had economic potential for
open-cut, heap-leach mining.
lanthanide tinto
Pierce Carson, CEO, stated, "Based on our review to date, we
have concluded that the Carache Canyon and Lucas Canyon deposits have
promising open-cut mining
potential at current gold prices and at
assumed current-day capital and operating costs. Azco owns
mineral lease rights to 90 square miles at the Ortiz gold property in
New Mexico, where previous
exploration has identified resources
containing two million ounces of gold.
The remainder of the
program will explore mineralized structures
located on east and west extensions of the Francoeur
Mine Shear
system.jsco tinto
The Glendale processing plant was restarted earlier this month and
will
operate for several weeks in order to fill recently placed orders
for cosmetic mica.
Resource
Finance and Investment Ltd is primarily focused on the
development of industrial minerals and exploration
for precious and
base metals in North America.mullite carbonates
The audited
financial statement and several quarterly
financial statements must be
finalized and filed with the SEC in order to bring the company's
financial
reporting into compliance with regulatory requirements.Resource Finance to commence selective drill
program - Cadillac West Project Quebec Canada
A final
feasibility for the development of the
industrial minerals project
situated in southern Oregon is expected to be completed in 2005.hydrophone mullite
jsco kaolin
Both
of these targets have been the focus of shallow
exploration drilling in the distant past. The eastern
zone was mined
from underground on a small scale in the 1930's and 40's, but little
has been done
in recent years.wollastonite gmrv
The Glendale processing plant has operated on a
sporadic basis as required to supply
mica to certain key customers,
using mica flake from inventory.
tinto jilin
Azco Mining Inc
. is a US based mining and exploration enterprise
with an emphasis on gold, copper and industrial
minerals.
A 600m-plus hole will test for gold mineralization related to the
large Guinard syenitic
intrusive situated within the Cadillac Break,
but obscured by Proterozoic sediments. The
Cadillac
West precious metal project is located in the well
established mining area of south western Quebec
, Canada
Legal Notice Regarding Forward Looking Statement
This press release contains
"forward looking statements" including
forward looking statements as that term is defined in Section
27A of
the United States Securities Act of 1933 and Section 21E of the
Securities and Exchange
Act of 1934.extraction wollastonite
exploration streamer
geochemical gmrv
In the 1980's, the LAC - Pegasus
Joint Venture carried out extensive exploration and
development work
on these two deposits.Businesses that explore for, or extract, mineral resources
.
inmet kaolin
The company is
reviewing information on several partially tested prospects and on
promising exploration
targets.
Although the company expects that the required documents will be filed
within the next
several weeks, there can be no assurance that this
objective will be achieved. Statements in this
press release
which are not purely historical are forward looking statements and
include any statements
regarding beliefs, expectation or intentions
concerning the future.inmet alumina
Business Editors/Mining
Editors
GLENDALE, Ariz. Carson said the 90 square-mile Ortiz property is highly
prospective
for additional major gold discoveries.dolomite jsco
The seven - hole, 2000 metre core drilling program commenced
on
Friday, February 4th. Although the Company believes that the beliefs,
plans, expectations and
intentions contained in this press release are
reasonable, there can be no assurance that such beliefs
, plans,
expectations and intentions will prove to be accurate.manganese exploration
(OTC:AZMN), a US based mining and
exploration enterprise with an
emphasis on gold, copper and industrial minerals, today provided the
following update of its recent activities. Readers should
refer to the risks disclosures in the
Company's public filings with
the Securities and Exchange Commission.extraction exploration
Azco Updates Gold and Mica Activities
To date the review has focused on the
Carache Canyon and Lucas Canyon gold deposits, which combined
contain
over one million ounces of gold.
While the company believes that the assumptions underlying
such
forward-looking information are reasonable, any of the assumptions
could prove inaccurate
and, therefore, there can be no assurance that
the forward-looking information will prove to be accurate
. A second deep hole will test
potential mineralization below known gold occurrences at the Lac
Fortune
deposit.jsco towed
About Azco Mining Inc. Azco also owns and operates the
Black Canyon mica deposit
in Arizona, which contains a large resource
of mica and by-product feldspathic sand. Its operations
are directed through two
wholly owned subsidiaries and one majority owned entity.lanthanide wollastonite
dolomite mitsui
----Azco Mining
Inc.
Upon regaining currency in its financial reporting, the company
intends to apply for resumption
of quotation of its stock on the OTC
Bulletin Board.
Metal/Mining Writers/Business Editors
/Mining Editors
HAMILTON, Bermuda----Resource Finance
+ Investment Limited ("RFI") symbol RFIVF
. Forward looking statements in this press
release include, but are not limited to statements regarding
the
Corporation's anticipation that the Mineral Claims will prove to be
economically viable on
a going forward basis, and the Company's
anticipation that it can successfully raise the capital
necessary to
acquire and exploit the Mineral Claims, with or without an equity
offering.jilin gmrv
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