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International Enexco Ltd. |
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Video
Presentation
November 15, 2006 |
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International Enexco Ltd.
Shares of
International Enexco Ltd. trade on the Toronto Venture Stock
Exchange under the trading symbol IEC. (TSX-V IEC)
International Enexco is a Canadian Head Quartered (Vancouver, BC)
advanced stage exploration and development company focusing full
attention on two key properties: 1) The 100% owned Contact
Copper/Silver Resource Property located in Elko County, Nevada and
2) The Mann Lake High-Grade Uranium Property which Enexco is jointly
developing with Cameco Corp; in the Athabasca Basin, Saskatchewan (Cameco
is the operator).
The Contact Property is an advanced stage, primarily copper project
with silver and some gold and molybdenum credits. A large copper
resource has been identified on the property and Enexco will advance
the project towards production in an expedient manner. A recently
announced acquisition of additional lands contiguous with the
resource is expected to positively impact a prior resource
calculation which estimates greater than 260 million pounds of
copper and 1.6 million ounces of silver from combined indicated and
inferred categories. Updated resource estimates (which
will incorporate extensive data from the newly acquired lands)
will, upon completion, be published in a much anticipated press
release. Enexco will then continue on its path towards
copper/silver production in Nevada as well as expand the known
resource through additional exploration and drilling.
The Mann Lake Project attracted the attention of Cameco Corp; the
world's largest uranium producer, and a first phase drill program
(with Cameco as operator) encountered high-grade uranium (7.12%
over 0.25 metres and 5.53% over 0.4 metres). Valuable knowledge
obtained from this very successful phase one drill program is
being used to identify additional targets which will be drilled in
the near term. The Mann Lake Property is Joint Ventured as follows:
30% International Enexco, Ltd; 35% Cameco Corp. and 35% UEM Inc.Ore
grades at Cameco's other operations in the Athabasca Basin are 10
times the world average. Cameco is the world leader in uranium
production accounting for over 20% of worldwide output.
For more detailed information please see the property section of
this website.
Contact:
525-999 West Hastings Street
Vancouver, British Columbia
V6C 2W2
Tel: 604.669.U3O8 (8368)
Fax: 604.642.2629
Email: enexco@gmail.com
Website: www.enexco.ca
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