Drilling program initial
Publication of the volume contents begins after the first paper is accepted and is complected four years postcruise. The Citation List includes all publications that we are aware of related to each leg. The Santo Tomas Project is located within km of the Pacific deep-water port at Topolobampo and is serviced via highway and proximal rail and parallel corridors of trunk grid power lines and natural gas through the city of Los Mochis to the northern city of Choix.
All statements, other than statements of historical fact included herein, including without limitation, statements relating to future events or achievements of the Company, are forward-looking statements. There can be no assurance that such forward-looking statements will prove to be accurate, and actual results and future events could differ materially from those anticipated or implied in such statements.
Many factors, both known and unknown, could cause actual results, performance or achievements to be materially different from the results, performance or achievements that are or may be expressed or implied by such forward-looking statements. Readers should not place undue reliance on the forward-looking statements and information contained in this news release concerning these matters. Oroco does not assume any obligation to update the forward-looking statements should they change, except as required by law.
The Company is very pleased that the initial drilling results confirms the following: Copper grades in holes N to N are comparable to the historical drilling reported on each of the cross-sections drilled to date. Geological logging indicates copper is present as chalcopyrite and bornite dissemination and vein fillings. Pyrite is relatively sparse in the main drill intersections. Fracturing, Laramide intrusive dikes, mylonite zones, veining and sulphide mineralization are controlled by faulting co-eval with the formation of the North Zone deposit.
Sulphide mineralization in the main intersections on the North Zone are hosted in strongly potassic-altered volcanic and intrusive rocks with an overprint of phyllic alteration. The footwall of the North Zone is propylitic-altered andesite volcanic rock with disseminated and vein filling pyrite, explaining the extreme Chargeability High response in the 3D IP survey. Avanti continues to evaluate multiple opportunities across Western Canada and the United States to build an industry-leading helium company with a premier portfolio of prospective lands.
B21 and its principal, David Shapiro, do not currently have any interest, directly or indirectly, in the Company or its securities. Avanti Energy is focused on the exploration, development and production of helium across western Canada and the United States. The information set forth in this news release contains forward-looking statements that are based on assumptions as of the date of this news release. They are not guarantees of future performance.
Beginning with the Leg Initial Reports volume, the format of the Proceedings volumes will evolve. This will naturally occur as you, the users, get accustomed with using publications electronically and provide us with feedback on your likes and dislikes, and as we incorporate new technological advances to improve our product.
I encourage you to visit Orientation to learn more about the electronic formats of the Proceedings volumes. This is a new and bold initiative for the Ocean Drilling Program and the scientific community, and we look forward to receiving your feedback as we travel down this exciting road.
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