Printer Friendly

GOLDEN QUAIL RESOURCES ANNOUNCES SAN BERNARDINO PROPERTY DRILL RESULTS

 GOLDEN QUAIL RESOURCES
 ANNOUNCES SAN BERNARDINO PROPERTY DRILL RESULTS
 CARLSBAD, Calif., May 28 /PRNewswire/ -- Golden Quail Resources Ltd. (NASDAQ: GQRVF) today reported that recent drill results and extensive geophysical studies have extended Golden Quail reserves both proven and inferred.
 Two diamond drill holes have extended the gold structure by 150 feet. The second drill hole encountered gold down to a level of 450 feet below the surface, which is significantly deeper than prior finds.
 New geophysics studies conducted in April 1992, when coordinated with a study conducted in 1987, show potential extensions of the gold structure from 1,100 feet to more than 5,000 feet.
 This data has been forwarded to the Independent Mining Consultant, Tucson, Ariz., which has contracted to provide reserve estimates for this project.
 Syver More, the project geologist, has completed a summary of Deposit, Geology and Interim Progress Report. This report is available upon request from the company.
 -0- 5/28/92
 /CONTACT: Michael A. Schaffer, president of Golden Quail Resources, 619-438-3300/
 (GQRVF) CO: Golden Quail Resources Ltd. ST: California IN: MNG SU:


JL-KJ -- SD004 -- 4861 05/28/92 15:16 EDT
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:May 28, 1992
Words:187
Previous Article:MOODY'S ASSIGNS 'A2' RATING TO NORTHSTAR GUARANTEE; BECOMES FIRST GUARANTEE AGENCY TO BE ASSIGNED A CLAIMS-PAYING ABILITY RATING
Next Article:PHOENIX LASER SYSTEMS BEGINS TRADING ON THE AMERICAN STOCK EXCHANGE
Topics:


Related Articles
VICEROY INCREASES EXPLORATION INTEREST IN WEST AFRICA
GOLDEN NEWS RESOURCES INC. ANNOUNCES DRILLING TO COMMENCE OCT. 1 AT SAN ANTONIO GOLD PROPERTY
GOLDEN STAR ANNOUNCES PARC ACQUISITION OF EXPIRATION PROPERTIES IN MALI
PAN AFRICAN RESOURCES CORPORATION AND GOLDEN STAR RESOURCES LTD. - DRILLING COMMENCES AT DIOULAFOUNDOU, MALI
Joint Press Release Guyanor Ressources S.A., Golden Star Resources Ltd., Cambior Inc. And Cambiex Exploration Inc.
Golden Star Resources Ltd. Drilling Results From Antino In Suriname
Update of Drilling Program at Dieu-Merci
Golden Star Resources Ltd. Results From Continuing Drilling At Andorinhas, Brazil
Results From Continuing Drilling at Dorlin
Can-Cal Resources Ltd. Announces the S & S Joint Venture Has Obtained Assay Results on Samples Taken From the Joint Venture's Property

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters