Printer Friendly

Camnor program at Willoughby approved.

VANCOUVER--(BUSINESS WIRE)--June 24, 1996--Donald A. McLeod, President of Camnor Resources Ltd. (VSE:CMB) announced today that an approved budget has been set for the forthcoming exploration season on the Willoughby Project.

Camnor Resources Ltd. (50 percent) as operator, along with its joint venture partners have approved a budget for the 1996 exploration season of $1,300,000.

The Willoughby Project is located 26 km east of Stewart, B.C. and is adjacent to Royal Oak Mines Ltd.'s, "Red Mountain" property, where a one million ounce plus gold reserve has been reported. Exploration at the Willoughby Project has outlined several zones of gold and silver mineralization. A base camp will be set up on-site commencing June 28, 1996 and Phase One of the underground drilling program will start directly thereafter. The program calls for 4,300 meters of diamond drilling to be conducted with a series of assay results to be announced once received. -0-
The Project Phases will be as follows:


 Phase One Phase Two Surface
 -Underground -Underground


i)Mapping/Sampling i)Drifting i)Exploration
ii)Drilling ii)Mapping/Sampling ii)Drilling
iii)Assaying iii)Drilling iii)Assaying
 iv)Assaying




CAMNOR RESOURCES LTD. Donald A. McLeod, President -0- EDITOR'S NOTE: The Vancouver Stock Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this press release.

CONTACT: Camnor Resources Ltd.

Scott Marshall, 1-888-338-2200 or (604) 687-7545

James D. Romano, 1-888-338-2200 or (604) 687-7545

Internet Icon: http://www.info-mine.com/northair/
COPYRIGHT 1996 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1996, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jun 24, 1996
Words:248
Previous Article:E.C. Prokopis Joins IONA Technologies.
Next Article:ADVO discusses third quarter earnings.
Topics:


Related Articles
[0] BALANCING ACT GETS UCLA FINAL BRUINS TO MEET NO. 1 LONG BEACH ST. UCLA 3, HAWAII 1.
Fire district recall try fails.
Thermal control. (Equipment).
MCKEON, CHALLENGER WILLOUGHBY HOLD ONLY JOINT FORUM.
GRASS-ROOTS CHALLENGER WANTS TO SEE CHANGE.
Florence hires new city manager.

Terms of use | Copyright © 2014 Farlex, Inc. | Feedback | For webmasters