Arcus Starts 2011 Dawson Gold Program
2011年6月9日 - 4:33AM
Marketwired
Arcus Development Group Inc. ("Arcus") (TSX VENTURE: ADG) announces
that crews have been mobilized into the Dawson Gold project area.
In-fill auger soil sampling has commenced and diamond drilling is
expected to begin early next week.
The initial 2011 work program will consist of diamond drill
testing of a number of coincident geochemical and geophysical
anomalies on each of the Touleary and the Dan Man properties. The
number of holes to be completed at each location will be contingent
upon drill results but the first phase is expected to include up to
six drill holes on each of the Touleary and Dan Man properties.
Ridge crest and spur auger soil sampling will be conducted early
in the season over a number of priority target areas on claims
staked by Arcus at the end of the 2010 field program. Detailed
in-fill auger soil sampling over existing soil geochemical and
geophysical anomalies will also be completed on each of the
Touleary and Dan Man properties.
The initial 2011 work program has been budgeted at $1,100,000
and will be completed by early July. All samples from the initial
drill holes and the in-fill soil grids will be assayed on an
expedited basis to allow for follow-up work during the latter part
of the 2011 field season. A second phase of drilling will commence
in early August, contingent upon the results from the initial
drilling and soil sampling.
On behalf of Arcus Development Group Inc.
Ian J. Talbot, President & CEO
CAUTIONARY NOTE: This news release includes certain
"forward-looking statements". Other than statements of historical
fact, all statements included in this release, including, without
limitation, statements regarding future plans and objectives of
Arcus Development Group Inc., 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 Arcus Development Group Inc.'s
expectations are the risks detailed herein and from time to time in
the filings made by Arcus Development Group Inc. with securities
regulators. Those filings can be found on the Internet at
http://www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Arcus Development Group Inc. Grant Longhurst Corporate
Communications (604) 506-2445 (604) 688-2578 (FAX)
grant@arcusdevelopmentgroup.com Arcus Development Group Inc. Ian J.
Talbot President & CEO (604) 687-2522 (604) 688-2578 (FAX)
ian@arcusdevelopmentgroup.com www.arcusdevelopmentgroup.com
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