Cariboo Gold Mines PLC secures capacities for the drilling program on Cottonwood - Claims
(firmenpresse) - (DGAP-Media / 21.05.2013 / 08:32)
Cariboo Gold Mines PLC secures capacities for the drilling program on
Cottonwood - Claims
London, UK - May 21 2013
The Berlin stock exchange listed gold mining company Cariboo Gold Mines PLC
has contractually secured the necessary technological capacities for the
execution of the drilling program on the Cottonwood-Claims in the Canadian
Cariboo District. The drilling program, elaborated by the team of
geologists of the partner Geotec Rohstoffe GmbH includes a total of 41
drilling holes and has been developed based on the GRT-data, gathered by
the geophysics expert Arctic Geophysics. Within the scope of the drilling
program, 28 drillings are planned for the Placer Exploration and 13
drillings are planned for the Mineral-Exploration. After the drillings they
will be analyzed concerning their gold content. For the analysis of the
drilling samples, Cariboo Gold Mines PLC was also able to contractually
secure the necessary lab capacities.
Results of the drilling program and the accompanying exploration activities
are expected for the end of 2013. The start of the final gold production is
scheduled for the year 2014.
The Company:
The Cariboo Gold Mines PLC is the parent company of Quesnel Gold Mines Inc.
with its place of business in Vancouver, Canada, which owns extensive
mining rights ('Claims'), acquired in his efforts since the 1970s by the
late Bernard 'Bud' Henning, an established expert on the mining of
resources. Over the decades Bud Henning collected a number of mostly
connected gold- and mineral concessions in different areas of the Canadian
Cariboo Regional District. After Bud Henning's death these concessions
descended into family property and are now, after further exploration
works, ready to be utilized.
Important Notice, Forecasting Phrasing
This or any other release by CARIBOO GOLD MINES PLC, its holding company or
its representatives contains statements with forward looking statements
which are based on estimations and assumptions made by CARIBOO GOLD MINES
PLC or its holding company. In connection with this press release, terms
such as 'assume', 'believe', 'estimate', 'expect', 'intend', 'plan', or
'predict' are supposed to refer to forward looking statements. Even though
the company management is of the opinion that these estimations and
assumptions are correct, the future developments and events can differ
substantially from those estimations and assumptions due to diverse
factors. These factors may for example include a shift in the overall
economic developments, from regulations for certain industries in which
CARIBOO GOLD MINES PLC is active to a change in licensing rights and
cooperation rights to the general or specific change of legislations.
CARIBOO GOLD MINES PLC and its holding companies do not give out warranties
and cannot be held liable for the divergence of the real future development
and the future results of the company, and the estimations and statements
given in this press release. CARIBOO GOLD MINES PLC does not guarantee that
the forward looking statements or other contents in this and other press
releases are up-to-date. This or other publications of CARIBOO GOLD MINES
PLC or its holding companies or its representatives do neither constitute
an offer to sell, nor an offer to sign securities of Cariboo Gold Mines PLC
in Germany, Switzerland, or any other country. It is simply a matter of
pure information about the corporation. The investing in stock, especially
stock of a young company such as CARIBOO GOLD MINES PLC is subject to great
risks up to the complete loss of the invested capital. Investors should on
principle ask advice of qualified advisors before a possible investment in
stock.
End of Media Release
---------------------------------------------------------------------
Issuer: Cariboo Gold Mines PLC
Key word(s): Finance
21.05.2013 Dissemination of a Press Release, transmitted by DGAP - a
company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.
DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------
211768 21.05.2013
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 21.05.2013 - 08:32 Uhr
Sprache: Deutsch
News-ID 261762
Anzahl Zeichen: 5601
contact information:
Kategorie:
Business News
Diese Pressemitteilung wurde bisher 285 mal aufgerufen.
Die Pressemitteilung mit dem Titel:
"Cariboo Gold Mines PLC secures capacities for the drilling program on Cottonwood - Claims"
steht unter der journalistisch-redaktionellen Verantwortung von
Cariboo Gold Mines PLC (Nachricht senden)
Beachten Sie bitte die weiteren Informationen zum Haftungsauschluß (gemäß TMG - TeleMedianGesetz) und dem Datenschutz (gemäß der DSGVO).
