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CRV Cresval Capital Corp

0.025
0.00 (0.00%)
01 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Cresval Capital Corp TSXV:CRV TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.025 0.025 0.03 0 01:00:00

Cresval Completes Drill Program on Bridge River Project

29/11/2011 3:53pm

Marketwired Canada


Cresval Capital Corp. ("Cresval") (TSX VENTURE:CRV) reports that it has
completed the 2011 diamond drill program at its 100% owned Bridge River Project
located 40 km northwest of Gold Bridge in southwestern British Columbia. The
11,127 hectare Bridge River Project covers the 5 by 14 km Bridge River pluton,
prospective for the discovery of a bulk-minable, copper-molybdenum-gold deposit.


The 2011 drill program consisted of 2135 meters of NQ size core in 8 diamond
drill holes testing the Russnor Breccia and the Copper Plateau zones. Previous
results from the Russnor Breccia include 1.38% Cu over 30.5m from an old adit,
0.57% Cu over 60m and 1.00% Cu over 16.2m from the canyon of Thunder Creek, and
0.30% Cu over 36.6m from limited drilling. Copper Plateau, with maximum soil
values of 4120 ppm Cu, 75 ppb Au, and 457 ppm Mo, covers a 450 by 550m copper in
soil anomaly (open to the copper bearing cliffs on the south and open to the
east) with results of 0.49% Cu over 4.5m and 0.84% Cu over 2.8m from hand
trenching, limited by the length of the trenches. 


All core samples were logged and split on site and shipped directly to the
laboratory. Drill core is being analyzed by ALS Chemex Labs Ltd. of North
Vancouver, British Columbia, an ISO certified laboratory (some samples initially
sent to Eco Tech Laboratory Ltd. in Kamloops, British Columbia who was
subsequently acquired by ALS Chemex) The core is being analyzed for gold and 35
element ICP. A comprehensive system of standards, blanks, and field duplicates
was implemented in the 2011 drill program. Final analytical results will be
released as assay data becomes available.


Jean Pautler, P. Geo., is the Company's Qualified Person under NI 43-101 with
respect to all technical disclosure relating to the Property.


About Cresval:

Cresval is a junior gold, copper and precious metals explorer actively involved
in two 100% owned projects situated in the Lillooet mining district in
southwestern British Columbia, Canada near the productive Bralorne gold camp. 


Information on these projects is available on the Company's website at
www.cresval. com.


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.


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