Cresval Work Program at New Raven Gold Project in Progress
19 7월 2011 - 8:00PM
Marketwired
Cresval Capital Corp. ("Cresval") (TSX VENTURE: CRV) is pleased to
announce that it has commenced a work program on its 100% owned New
Raven gold project (the "Property"). The 2707 hectare property is
situated in the Lillooet Mining Division of southwestern British
Columbia, 15 km southwest of Lillooet, British Columbia.
The 2011 exploration program includes excavator trenching,
detailed mapping and geochemical sampling to follow up previous
mineralized zones, soil anomalies and geophysical conductors
(delineated in the 2010 magnetic/VLF-electromagnetic survey).
Proposed trenches for 2011 are focused on:
1. extending the NNW mineralized structure between zones A and B,
2. extending the NNW mineralized structure between zones C and D,
3. delineating the source of two separate 700 ppb gold soil values from
the 2008 soil survey SW of zone A,
4. extending the Discovery zone structure northwards.
Additional zones will be explored through reconnaissance mapping
and geochemical sampling as follows:
1. three listwanite showings located within a few km south, north and east
of the main showing area,
2. areas previously clear-cut,
3. the Downton ridge area,
4. geophysical conductors not easily accessible by road.
Maps are available at the company's website at
www.cresval.com.
Management believes the Property has an excellent potential for
discovery of a gold quartz vein type mineral deposit such as
Bralorne, which is situated 45 km to the northwest.
Jean Pautler, P. Geo., is the Company's Qualified Person under
NI 43-101 with respect to the Property and all technical disclosure
relating to it, including a technical report prepared on March 14,
2010.
About Cresval:
Cresval is a junior gold, copper and precious metals exploration
company actively involved in two 100% owned projects situated near
Goldbridge in south-western British Columbia near the productive
Bralorne gold camp of 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 info@cresval.com www.cresval.com CACS International Inc.
Doug Kerr 604-248-8736 or Toll Free 877-537-9064
dkerr@cresval.com
Cresval Capital (TSXV:CRV)
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