International Samuel Exploration Corp.: Reed Lake VTEM 254 Line Kilometres Survey Completed
2008年4月9日 - 1:01PM
Marketwired Canada
International Samuel Exploration Corp. (TSX VENTURE:SAZ) ("Samuel") and Canasia
Industries Corp. has received notification that Geotech Ltd. has completed 254
line kilometres of the VTEM survey on their recently acquired seven mineral
claims jointly held Reed Lake property located in the Flin Flon Mining camp of
Manitoba.
The Geotech VTEM survey is considered one of the airborne survey industry's best
deep-penetrating electromagnetic and magnetic systems. The VTEM airborne
magnetic and electromagnetic components have been successfully used in outlining
structures, favourable geology, zones of conductivity, magnetic zones and zones
of alteration, some of which are coincident with areas of known mineralization.
This type of geophysical survey is useful in advancing the property to the
drill-ready stage.
The property is strategically located north of VMS Ventures Inc. base metal
discovery in the historic and very prolific Flin Flon mining camp. More than 27
significant mineral deposits have been continuously discovered over the past 75
years. The most recent discovery is HudBays' Lalor Lake property with 20 million
tonnes 8.8 % zinc.
Conrad Swanson, President of Samuel, the operator of the Reed Lake Joint
Venture, stated that "We are pleased to of acquired these claims and have them
flown by Geotech so quickly to have such a great project and be able to begin
exploration immediately."
Derrick Strickland P.Geo., the qualified person under 43-101 has approved the
technical content of this news release.
On Behalf of the Board of Directors
Conrad Swanson, President
International Samuel Exploration Old (Tier2) (TSXV:SAZ)
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