Camnor program at Willoughby approved.
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/
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|Date:||Jun 24, 1996|
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