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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 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.
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