Date: Thu, 20 Nov 1997 22:42:03 GMT Server: Apache/1.2.4 Last-Modified: Tue, 17 Jun 1997 15:04:53 GMT ETag: "dd464-601-33a6a795" Content-Length: 1537 Accept-Ranges: bytes Connection: close Content-Type: text/html ASARCO
ASARCO News


Asarco Reports Sale of Aquarius Gold Project

NEW YORK, N.Y., November 8, 1995 -- ASARCO Incorporated today reported it has agreed to sell its interests in the Aquarius gold project near Timmins in northern Ontario, Canada to Echo Bay Mines Ltd. for US$7.75 million in cash. Sale of the project is subject to final documentation and is expected to close before year end.

ASARCO Incorporated, headquartered in New York City, is one of the world's leading integrated producers of nonferrous metals, principally copper, lead, zinc and silver. Asarco also produces specialty chemicals and minerals.



FOR FURTHER INFORMATION: Jerry W. Cooper (212) 510-1810 (212) 510-1835 (FAX) Donald M. Noyes (212) 510-1813
Corporate Communications Department, ASARCO Incorporated, 180 Maiden Lane, N.Y. 10038-4991


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