EXPLORATION ORBITE VSPA INC.
MONTREAL, June 19 /CNW Telbec/ - According to its strategic action plan,
Exploration Orbite announces it is stepping up its exploration activities at
its alumina site of Grande-Vallée in the Gaspe Peninsula with a drilling
campaign. Geologist Henri-Louis Jacob supervises the campaign.
Grande Vallée's site is differentiated by its alumina deposit extending
over many kilometers. The site is atypical because of the limited glacier
passage erosion due to the local Appalachian mountains. Such formation is
quite rare at the higher latitudes. The site is also easily accessible and the
deposit is located at the surface.
Samplings of the property that were performed in 2000-2001 by
R. W. Turner, consulting geologist, have enabled the identification of three
zones of especially high potential. The volumetric estimation for these zones
represents some 16 million cubic meters of alumina clay with 23 to 24.4% in
alumina content. The present campaign aims at confirming those estimates and
will extend the area covered by drillings.
The management of Orbite confirms the priority of the Alumina project at
Grande-Vallée and considers having accomplished significant headways during
the last twelve months. "We are dedicated business people and are committed to
the success of the alumina (Al(2)O(3)) project. We further expect to reach
additional milestones within the next few weeks" indicated Mr. Boudreault.
Exploration Orbite VSPA Inc. owns 100% of the mining rights of the
Grande-Vallée property, an alumina clay deposit representing a surface area of
approximately 2,300 hectares located 32 km North-East of Murdochville, in the
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For further information:
For further information: Richard Boudreault, MBA, Adm. A., President,
(514) 386-4639, firstname.lastname@example.org