Cresval Commences Drill Program on Bridge River Project
(firmenpresse) - VANCOUVER, BRITISH COLUMBIA -- (Marketwire) -- 09/12/11 -- Cresval Capital Corp. ("Cresval") (TSX VENTURE: CRV) reports that mobilization is complete for the Phase 1 drill program at its 100% owned Bridge River Project located 40 km northwest of Gold Bridge in south-western British Columbia. The 7,200 hectare Bridge River Project covers the 5 by 14 km Bridge River pluton prospective for the discovery of a bulk-minable, copper+molybdenum+gold deposit.
The diamond drill program targets the Russnor Breccia and the Copper Plateau zones. Historic results from the Russnor Breccia include 1.38% Cu over 30.5m from an old adit, 0.57% Cu over 60m and 1.00% Cu over 16.2m from the canyon of Thunder Creek, and 0.30% Cu over 36.6m from limited drilling. Copper Plateau, with maximum soil values of 4120 ppm Cu, 75 ppb Au, and 457 ppm Mo, covers a 450 by 550m copper in soil anomaly (open to the copper bearing cliffs on the south and open to the east) with results of 0.49% Cu over 4.5m and 0.84% Cu over 2.8m from hand trenching, limited by the length of the trenches.
A map of proposed drill collars is available at the Company's website at website at .
Jean Pautler, P. Geo., is the Company's Qualified Person under NI 43-101 with respect to all technical disclosure relating the Property.
The Company also reports that it has listed on the Frankfurt Exchange under the symbol "CFV".
"We recognize the growing interest and support we have been receiving in Europe, and hope the listing will facilitate and encourage their continued participation in our market," commented President Lee Ann Wolfin.
About Cresval:
Cresval is a junior gold, copper and precious metals explorer actively involved in two 100% owned projects situated in the Lillooet mining district in south-western British Columbia near the productive Bralorne gold camp in British Columbia, Canada.
ON BEHALF OF THE BOARD OF DIRECTORS
Lee Ann Wolfin, President
Forward looking statements: This release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward looking statements.
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:
Cresval Capital Corp.
Lee Ann Wolfin
President
604-682-3701
CACS International Inc.
Doug Kerr
604-248-8736 or Toll Free 877-537-9064
Themen in dieser Pressemitteilung:
Unternehmensinformation / Kurzprofil:
Datum: 12.09.2011 - 11:30 Uhr
Sprache: Deutsch
News-ID 64680
Anzahl Zeichen: 0
contact information:
Town:
VANCOUVER, BRITISH COLUMBIA
Kategorie:
Mining & Metals
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"Cresval Commences Drill Program on Bridge River Project"
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