Pro Minerals Inc.: Phase Two of Exploration Complete, Cairo Gold Project
2011年9月24日 - 1:28AM
Marketwired
Pro Minerals Inc. (TSX VENTURE: PRM) is pleased to announce that
the Company has completed Phase Two of exploration on its 100%
owned Cairo Gold Project situated near Matachewan, Ontario. In this
phase, a leading edge XDS VLF-EM airborne survey was flown over 570
line kilometres. The technology utilized high sensitivity and
horizontal gradient magnetics. The survey was flown by Terraquest
Ltd. at 100 metre intervals in two directions (north-south and
east-west) to provide detailed information with respect to certain
geological structures located on the claims.
Initial results indicate a number of high priority anomalies
which the Company anticipates will correspond with available
geological data. All results from the survey are now being
carefully interpreted and will form the basis for an exploration
program planned on the property.
Further, Pro Minerals has staked an additional four claims
totaling 736 hectares (1,818 acres) claims represented the
"Whiskyjack" zone.
Pro Minerals' Cairo Gold Project is located approximately 46
kilometres west of Kirkland Lake, and and now totals an area of
2,450 hectares (6,128 acres). The Cairo Project is ideally situated
just 5 kilometres northeast of the Young Davidson Mine, which was
recently opened by Northgate Minerals Corporation. The Young
Davidson currently has the 6th largest gold reserve in Canada, with
2.8 Million ounces of gold. The Cairo Gold Project and Young
Davidson mine are both situated in the southwestern section of the
Abitibi Greenstone Belt. The Abitibi is one of the largest
greenstone belts in the world and host to 160 Million ounces of
gold from both historic and present production. The Cairo Gold
Project is easily accessible and close to infrastructure including
rail, roads, water, power and labor force. Updated maps are
available upon request or viewable at www.promineralsinc.com.
This press release has been reviewed by Dr. Christian Derosier,
P. Geo., Consulting Geologist and Qualified Person for the Cairo
Gold Project under National Instrument 43-101.
Additional information is contained on the Company's website at
www.promineralsinc.com.
ON BEHALF OF THE BOARD OF DIRECTORS OF PRO MINERALS INC.
Patrick D. O'Brien, President
Neither 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: Pro Minerals Inc. Adrian Bakker 604-608-6168 or Toll
Free: 1-877-663-6168 604-683-8903 (FAX) info@promineralsinc.com
www.promineralsinc.com
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