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Share Name | Share Symbol | Market | Type |
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Geo Minerals Ltd | TSXV:GM | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0 | - |
The West Blackwater property has recently been expanded with the acquisition of two properties comprising 910 hectares. To view a map of Geo's updated West Blackwater property check out www.geominerals.ca.
On the original 445 hectare West Blackwater property claim last fall's program uncovered multiple gold-in-soil anomalies, with a peak gold value of 0.35 grams per tonne (357 ppb - parts per billion) received in the south - central portion of the property. Four soil samples returned greater than 20 ppb gold, and an additional four samples returned 10-19 ppb gold. These samples are considered to be significantly anomalous when compared to other geochemical surveys in the region that are available on the B.C. government assessment files. As reported in the Company's press release (Dec 14, 2010) assessment file number 29363, on the Dave claim, now owned by Richfield Ventures Corp., reports peak value of 220 ppb gold from a 2007 soil sampling survey, and indicated "four zones of anomalously high gold values (greater than 20 ppb) were identified". Field activities in 2010 were completed by UTM Exploration Services of Smithers, B.C.
Additional prospecting, geophysics and further detailed geochemical surveys is proposed on the West Blackwater property in the spring of 2011, and a Phase 1 drill program is being planned for the summer. Drilling would be helicopter supported from a staging pad just off the road that accesses the Blackwater property.
The technical contents of this release were approved by Geo's board member and qualified person as defined by National Instrument 43-101, Marvin Mitchell, P. Eng.
Geo Minerals is a junior exploration company actively seeking mineral and energy opportunities for the benefit of all our stakeholders, with four active porphyry copper exploration projects in Arizona.
ON BEHALF OF THE BOARD
Michael England, President
Forward-Looking Statement:
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Geo Minerals Inc. Actual results may differ materially from those currently anticipated in such 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: Geo Minerals Ltd. Michael England President 1-604-683-3995 or Toll Free: 1-888-945-4770 1-604-683-3988 (FAX) www.geominerals.ca
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