Vancouver, September 30, 2002 - Recent Diamond Drill holes 2K02-60 & 61 to the southwest of the Afton Main Mineral Zone has extended the zone on average 35 metres (115 ft) beyond DDH 2K01-48, the furthest previously drilled hole to the southwest. This indicates the mineral zone is still open beyond the 2000-2001 indicated mineral resource boundary of 37.7 million tons (34.3 million tonnes) of 2.32% Copper Equivalent and additional holes are being drilled to explore the zone along its trend in this direction. (Reference: April 25, 2002 Press Release - Afton Mineral Resource Study)
DDH 2K02-61 @ -66º/124º intersected mineralization for a 276 metres (905 ft) drill core length across the mineral zone, assaying 2.59% Copper Equivalent over 214 metres (702 ft) and 0.89% Copper Equivalent over 62 metres (203 ft).
ASSAY INTERSECTIONS FOR DDH 2K02-61
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Core Length Depth Copper Gold Palladium Silver Copper
m (ft) m % oz/t oz/t oz/t Equiv.%
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214 (702) 600-814 1.58 0.039 0.004 0.080 2.59
62 (203) 814-876 0.56 0.013 0.001 0.030 0.89
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DDH 2K02-60 @ -90º intersected mineralization over a 296 metres (970 ft) drill core length down the mineral zone, assaying 2.09% Copper Equivalent over 168 metres (550 ft) and 1.59% Copper Equivalent over 40 metres (130 ft).
ASSAY INTERSECTIONS FOR DDH 2K02-60
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Core Length Depth Copper Gold Palladium Silver Copper
m (ft) m % oz/t oz/t oz/t Equiv.%
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40 (130) 486-526 1.29 0.012 Nil 0.07 1.59
168 (550) 564-732 1.34 0.028 0.004 0.06 2.09
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Metal Prices US.$: Cu $0.70/lb, Au $320/oz, Pd $320/oz, Ag $4.50/oz
DDH 2K02-60 & 61 mineralized intersections indicate the mineral zone has a 296 metre (970 ft) vertical dimension and apparent true width of 140 metres (460 ft), which is consistent with the DDH 2K01-42 intersection (located 150 metres or 490 ft to the northeast). The sulphide mineralization is becoming more concentrated and is interpreted to be a primary feeder zone with uniform copper and gold values. This type of mineralization has not been documented in previous exploration. The continuation of the mineral zone down plunge and along strike to the southwest with good widths maintained increases the tonnage potential of the Afton Mineral Zone.
Ten drill holes, 2K02-50 to 59 completed in the central and northeast areas of the Afton Mineral Zone, are interpreted as a possible widening of the zone and an extension to the northeast. The Company has added a second diamond drill to conduct an infill drill program commencing at the northeast of the main mineral zone.
On behalf of the Board of Directors
"John H. Kruzick"
John H. Kruzick, President
DATE: September 30, 2002
Shares Issued: 8,933,766 common shares
U.S. Rule 12g3-2(b)Exemption
Website: http://www.drcresources.com
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the release.
CAUTIONARY NOTE:. Statements in this press release are a preliminary assessment of potential economics under a certain set of parameters and assumptions. The indicated mineral resource is not a mineral reserve and does not demonstrate economic viability. Further studies will be required to determine economic viability. The company relies on litigation protection for "forward-looking" statements.
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