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Share Name | Share Symbol | Market | Type |
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Soho Resources Corp. | TSXV:SOH | 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 | - |
VANCOUVER, BRITISH COLUMBIA ("Soho" or the "Company") is pleased to report that it has entered into a diamond drilling services contract with Falcon Perforaciones Mexico S.A. De C.V., ("Falcon"), a subsidiary of Falcon Drilling Ltd. of Prince George, British Columbia, Canada. The agreement is for a minimum of 5,000 meters of core drilling, and is extendable by mutual consent. Soho anticipates that the drill will arrive at the Project site before yearend 2007.
"Falcon Drilling is a highly competent drilling contractor with an excellent reputation within the exploration community and we are very pleased to have retained this group for drilling operations at Tahuehueto," states Ralph Shearing, President & CEO of Soho. "We plan to add a second Falcon drill to the project as soon as possible in the 2008 new-year and trust that Falcon can meet all of our projects' future drilling requirements on an ongoing basis."
The Tahuehueto project is situated in north-western Durango State, within the historic Sierra Madre mining district, which hosts a number of producing gold, silver and base metal mines, and many active exploration and development projects.
About Falcon Drilling
Falcon Drilling Ltd. is an international diamond drilling service supplier with world wide experience in providing drilling services to the British Columbia and international geological exploration community. Falcon has been in operation since 1986 and has established offices or worked in many diverse and remote parts of the world. Falcon also manufactures specifically designed portable diamond drills to suit most exploration drilling needs.
The exploration program at Tahuehueto is being conducted under the direction of Hall Stewart, P.Geol, a qualified geologist as defined under National Instrument 43-101. Mr. Ralph Shearing, President, P.Geol, also a qualified geologist, authored this news release.
WARNING: The Company relies upon litigation protection for "forward-looking" statements. This News Release may contain forward-looking statements including but not limited to comments regarding the timing and content of up-coming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Soho Resources Corp. relies upon litigation protection for forward-looking statements.
Shares Issued - 100,137,913
Last Close 2007/12/04 C$.205
The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.
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Contacts: Soho Resources Corp. Glen Sandwell (604) 684-8071 or Toll Free: 1-800-685-0576 Email: gsandwell@sohoresources.ca Website: www.sohoresources.ca
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