October 8, 2008
JOGMEC Finds Minerals in Andes
Tokyo, Oct. 8 (Jiji Press)--Japan Oil, Gas and Metals National Corp. said Wednesday it has found a mineral belt, including copper and gold, in the Andes mountains on the border of Chile and Argentina.
The belt was found through test-drilling conducted jointly with Canadian resource firm Suramina Resources Inc. JOGMEC has a 40 pct stake in the project.
JOGMEC said it will go ahead with estimates on mineral volumes and economic viability if the belt is found to be big enough.END
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