Stock Guru continues its discussion with Richard Schnoor, Director of International Operations for Network Exploration, Ltd.
Richard Schnoor explains with enthusiasm, “Marco Fernandez Concha Murazzi is our chief geologist. I believe Marco Fernandez is one of the best field geologists in the business. He worked in South America and Canada for Noranda and later for Teck Corporation in Latin America. His father, a Peruvian of Italian decent, was a well-known geologist who work for the government of Peru and took Marco on his field trips in the Andes Mountains at a very early age. He was recommended to us by Ken Thorsen, former CEO and President of Exploration for Teck Corporation until his retirement, who has the highest regard for him.”
“Marco was head of exploration on the Caldera Project in 1993-1995 and was puzzled when Noranda decided to abandon their projects in S.America in 1995 due to low gold and commodity prices. Noranda’s own recommendations on the Caldera property included an extensive drill program which was never implemented. Marco’s believes the Caldera property has all the characteristics of a major porphry copper-gold zone and deep drilling is the only way to prove the size and feasiblity for an open pit mining operation.”
“I base my enthusiam on Marco’s enthusiasm, well, that and the reports, and the fact that you can simply see with the naked eye the presence of copper in the bowl shapend amphitheater. It’s there and we believe it’s there in amounts that make this extremely profitable. But it’s good to have someone like Marco leading us. He knows this business, he knows this area, and he was with Noranda the first time they explored it. Noranda’s original geologists believed in it so much the bought it themselves and held on to it until the price of copper was right.”
Richard Schnoor will return to Chile in two weeks to enter into the contract currently support by the Memorandum of Understanding regarding this property and NETY’s interest.
Stay tuned: Richard Schnoor gives Stock Guru an insight into the professionals that believe in this program and gives details on the partners.
Stock Guru: NETYF
Source: Richard Schnoor NETYF
Network Exploration Ltd. — NETYF
505 Burrard St.
Suite 1880
Vancouver, BC V7X 1M6
Phone: 604-681-3864
Fax: 604-681-1265
About Network Exploration: Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America. For additional information, contact the company at 604 495-6302 or visit our website at www.networkexploration.com
Forward Looking Statements: This news release contains certain “Forward-Looking Statements” within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations are disclosed in the Company’s documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.
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