Medinah Mining Chile Announces Initiation of a Funded Diamond Drilling Program with Regard to Its Altos de Lipangue Property ...
09 9월 2014 - 6:38AM
Business Wire
On Monday, September 8, 2014, Medinah Minerals, Inc. (Pink
Sheets: MDMN) reports that its 100% owned Chilean subsidiary,
Medinah Mining Chile, was informed by AURYN Mining Chile, SpA that
it has signed a Diamond Drilling Contract with A. C. Perforaciones
LTDA of Chile. AURYN Mining Chile, SpA reports that machinery and
equipment will be dispatched by the contractor to the Altos de
Lipangue claims by September 22, 2014. The contract calls for the
immediate commencement of first stage drilling that targets the
initial 8,000 meter program.
AURYN Mining Chile, SpA will provide drilling core results to
Medinah Mining Chile periodically. The drilling and assay report
results will then be communicated as received.
Medinah management is also pleased to announce that each of the
parties to the Joint Venture Mining Option Agreement, AURYN Mining
Chile, SpA and Medinah Mining Chile, have complied with all
contractual provisions, thus negating the issue of a $3,000,000
fine for noncompliance.
AURYN Mining Chile, SpA/David Bent, P. Geo
Medinah Mining Chile
Further specific details as to planned Altos de Lipangue project
development activities will become available periodically via
www.medinah-minerals.com.
Dennis B. Tenney, CEO
Medinah Minerals, Inc.
South American Mining MediaRoberto de Silva,
702-727-8235Roberto@southamericanminingmedia.comhttp://www.medinah-minerals.com
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