Celtic Minerals (CNSX:CWE) Begins Trading on the CNSX - Video Summary of Company Posted on www.InvestmentPitch.com
(Thomson Reuters ONE) -
Vancouver, British Columbia, June 28, 2011 - Toronto based Celtic Minerals
(CNSX:CWE) is one of the latest new listings on the Canadian National Stock
Exchange, better known as the CNSX.
InvestmentPitch.com has produced a "video news alert" about Celtic Minerals. If
this link is not enabled, please visit www.InvestmentPitch.com and enter
"Celtic" in the search box.
Celtic Minerals Highlights:
Celtic is targeting copper and gold on the Great Burnt Lake - South Pond
property in Newfoundland, which is located 45 kilometres southeast of Teck's
Duck Pond copper zinc mine. Teck produces copper and zinc concentrates at the
mine, which are trucked to the Port of St Georges on the west coast.
Celtic's projects consist of 234 contiguous claims comprising approximately 58
square kilometres. Untested and unexplained geophysical, geological and
geochemical anomalies remain throughout the claim group.
The two most advanced targets both contain historic reserve estimates, which
although they cannot be relied upon under current reporting standards, do
present the company with decent target areas. For example, the Great Burnt Lake
deposit had an historic reserve estimate of 761,000 short tons grading 2.55%
copper, and the South Pond deposit had an historic estimate of 240,000 short
tons grading 1.07% copper.
The South Pond contains an apparently separate gold bearing mineralized zone,
centered approximately one kilometre along strike, south from the South Pond
copper deposit. It has been traced over 1,400 metres along strike. The property
contains additional, separate zones of stringer type mineralization that is
commonly associated with massive sulphide deposits.
Work is also anticipated to resume on the company's West Margin nickel-platinum-
palladium project near Voisey's Bay and the high grade Dawson gold project in
Colorado.
The company recently sold off a couple of mineral properties to TSX Venture
listed Messina Minerals, for a total of 1.5 million shares of Messina.
Celtic has approximately 83 million common shares outstanding with about 80
million in the public float.
For more information, please visit Celtic's website at www.celticminerals.com,
or contact Paul Cullingham at 416-435-5282 or by email at
pcullingham(at)celticminerals.nf.net
CONTACT:
InvestmentPitch.com
Barry Morgan, CFO
bmorgan(at)investmentpitch.com
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Source: InvestmentPitch via Thomson Reuters ONE
[HUG#1526775]
Unternehmensinformation / Kurzprofil:
Datum: 29.06.2011 - 00:46 Uhr
Sprache: Deutsch
News-ID 55934
Anzahl Zeichen: 3226
contact information:
Kategorie:
Business News
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