2003 News Releases
Eva Kitto Cu-Ni-PGE Update Thunder Bay, Ontario
November 21, 2003
Maple Minerals Corp. (“Maple”) and East West Resource Corporation (“East West”) have been informed by Kennecott Canada Exploration Inc. that the option on the Eva Kitto project is being returned. Kennecott had completed a detailed Megatem EM and Magnetic survey and completed four drill holes. The first two holes located a disseminated sulphide zone with anomalous Ni-Cu-PGE (with the highest being 0.563 gm/tonne PGE (Pt + Pd), 0.139% Cu, 0.228% Ni) values in the vicinity of a surface showing having highly anomalous Ni-Pt-Pd (0.440 gm/tonne PGE, 0.1335 % Ni, (OGS-OFR 6095)). Two other holes completed in July were drilled roughly one mile south of the first two holes and did not intersect the same sulphide horizon, but intersected Sibley Sediments.
The Eva Kitto property contains an excellent sulphur source in the basement rocks that could precipitate the development of a sulphide zone containing platinum group elements. Therefore, the companies plan to continue to explore the large 6 km wide ultramafic complex for the extension of the sulphide bearing layer, that contains platinum.
This news release contains forward-looking statements within the meaning of the “safe harbour” provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to risks and uncertainties and other factors that may cause Maple’s results to differ materially from expectations. These include risks relating to market fluctuations, property performance and other risks. These forward-looking statements speak only as of the date hereof. Maple disclaims any intent or obligation to update these forward-looking statements.
The TSX Venture Exchange does not take responsibility for the adequacy or accuracy of this release.
L.M. (Gino) Falzone