FOR IMMEDIATE RELEASE
NEWS
RELEASE
Nord
Resources Corporation
PO Box 384, Dragoon, AZ 85609
Tel: (520) 586-2241
Fax: (520) 586-7020
Nord
Resources Announces Coyote Springs Exploration Results
and the Staking of
Additional Claims
Wednesday February 9, 2005
SOURCE:
Nord Resources Corporation
Mr. Hauck and consultant
Ken Zonge of Zonge Engineering are in agreement that, "an anomaly that is
attributed to sulfide mineralization has been detected at depth within the geologic
target area." The large anomaly was detected along both of the two IP lines
near the Foothills Fault. Nord is reviewing the results of the IP survey and is
considering additional geophysics prior to the commencement of a drilling program.
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The
Coyote Springs property borders Phelps Dodge Corporation's Dos Pobres copper development
project near Safford, Arizona. Four major copper resources have been defined in
the district in the vicinity of the Foothills Fault. These are the Sanchez, Lone
Star, San Juan, and Dos Pobres copper resources. Virtually all of these deposits
were initially located through the use of geophysics guided by regional geologic
surveys.
Additional
Claims Staked at Coyote Springs
The Company has added to its land position
at Coyote Springs by staking 26 Lode Claims with a total area of 537 acres. The
claims are located due west and adjacent to the Company's current land holdings.
The Company now controls over 4 square miles in the highly prospective Safford
Mining District.
About Nord Resources Corporation:
Nord Resources
is an Arizona-based natural resource company focused on near-term copper production
from its Johnson Camp Mine and the exploration for copper, gold and silver at
its properties in Arizona and New Mexico. The Company also owns approximately
5.1 million shares of Allied Gold Limited, an Australian company. In addition,
the Company maintains a net profits interest in Sierra Rutile Limited, a Sierra
Leone, West African company that controls the world's highest-grade natural rutile
deposit.
Any statements made in this press release which are not historical
facts contain certain "forward-looking statements", as such term is
defined in the Private Litigation Reform Act of 1995, concerning potential developments
affecting the business, prospects, financial condition and other aspects of the
company to which this release pertains. The actual results of the specific items
described in this release, and the company's operations generally, may differ
materially from what is projected in such forward-looking statements. Although
such statements are based upon the best judgments of management of the company
as of the date of this release, significant deviations in magnitude, timing and
other factors may result from business risks and uncertainties including, without
limitation, the company's dependence on third parties, general market and economic
conditions, technical factors, the availability of outside capital, receipt of
revenues and other factors, many of which are beyond the control of the company.
The company disclaims any obligation to update information contained in any forward-looking
statement.
These forward looking statements involve known and unknown
risks, uncertainties and other factors that may cause our actual results, levels
of activity, performance, or achievements to be materially different from any
future results, levels of activity, performance, or achievement expressed or implied
by such forward looking statements. In some cases, you can identify forward looking
statements by terminology such as "may," "will," "should,"
"could," "intend," "expects," "plan,"
"anticipates," "believes," "estimates," "predicts,"
"potential," or "continue" or the negative of such terms or
other comparable terminology. Although we believe that the expectations reflected
in the forward looking statements are reasonable, we cannot guarantee future results,
levels of activity, performance, or achievements. Moreover, neither we nor any
other person assumes responsibility for the accuracy and completeness of such
statements.
For
information contact:
Nord Resources Corporation
Ronald Hirsch,
Chairman & CEO
(949) 715-6745
Erland Anderson, President &
COO
(520) 544-4893
Website: www.nordresources.com
SOURCE: Nord Resources Corporation