608 - 475Howe Street
MAY 12, 2004
COPAQUIRE WORK PROGRAM COMMENCES
The company has completed extensive geochemical sampling
and geophysics on the the Tabaco property. Not all samples and check analyses
have been received from the laboratory. Preliminary results, however,
indicate the presence of an additional mineralized copper horizon with
significant gold and silver values. The company is currently evaluating
the results of its work programs and developing its future plans which
will include additional drilling .
Surface sampling has also been completed on the Sierra
Pintada property with the majority results yet to come from the laboratory.
Work on the Tierra de Oro has culminated with the discovery
of yet another significant gold zone 500 metres east of the Inca zone.
Chip samples received to date from old workings range as high as 31.6
grams per tonne gold over 1.2 metres.
The company will release more detailed results once all assays and check assays are received from the laboratory.
The TSE Venture Exchange has not reviewed and does not
accept responsibility for the adequacy or accuracy of this release.
Contact: Robert A. Young: 1 877 626 2121