Cartaway Resources Begins Drilling on Harp Lake Property.VANCOUVER, British Columbia--(BUSINESS WIRE)--Dec. 6, 1995-- Cartaway Resources Corp. (Alberta Stock Exchange Alberta Stock Exchange See Canadian Venture Exchange (CDNX). : CWA CWA Clean Water Act (33 USC) CWA Communications Workers of America CWA Concerned Women for America CWA CEN Workshop Agreement (European pre-normative document) CWA County Warning Area CWA Clean Water Action ) is pleased to announce that it has started drilling on the Peruvian "B" property located along the south margin of the Harp Lake Harp Lake is a lake in north-eastern Newfoundland, Canada. layered intrusion and some 200 kilometers northwest of Goose Bay (165 kilometers southwest of the Voisey Bay discovery). Cartaway can earn a 50 percent interest from Peruvian Gold Limited in this and other properties by spending $1,000,000. Peruvian "B" is underlain un·der·lain v. Past participle of underlie. by an east trending, thick succession of pyroxenites, norites and troctolites which are in contact to the south with gneisses. A 900 meter long, 45 meter wide, northeast trending, steeply dipping, magnetic conductor has been defined by ground geophysics. The first drill hole will test the widest, strongest part of the conductor. Cartaway is continuing to conduct ground geophysical surveys Geophysical survey refers to the systematic collection of geophysical data for spatial studies. Geophysical surveys may use a great variety of sensing instruments, and data may be collected from above or below the Earth's surface or from aerial or marine platforms. in the Harp Lake area with two crews operating from its Mistinippi Lake camp. This camp will be shut-down in mid-December and re-open in mid-January. Plans to drill test the Cirque anomaly south of Okak Bay have been suspended due to inclement in·clem·ent adj. 1. Stormy: inclement weather. 2. Showing no clemency; unmerciful. in·clem weather. The drill has been moved to the camp at Puttuaalu Lake and this camp has been shut-down. It will be re-opened in mid-January to complete ground geophysics on the northern blocks adjacent to where Castle Rock/United Compass has announced significant intersections of massive sulphides. Conditions at the Cirque will be monitored and the drill program resumed as soon as it is feasible. Sufficient material has been stockpiled at Nain and the Puttuaalu Lake camp to complete 2,500 meters of drilling. The northern drill will also test the Okak Bay area properties, Cabot Lake North and South, Ikadlivik Brook and the Notakwanon River. On behalf of the Board of Directors Walter Nash Sir Walter Nash, GCMG, CH (12 February 1882–4 June 1968) served as Prime Minister of New Zealand from 1957 to 1960 and was also highly influential in his role as Minister of Finance. Vice President, Exploration CONTACT: Sterling Pacific Capital Inc. 604/669-2701 1-800-663-0510 (Toll Free) 604/687-1405 (Fax) |
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