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AXVEF CDN Maverick Capital Corporation (QB)

0.1038
0.00 (0.00%)
02 Jul 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
CDN Maverick Capital Corporation (QB) USOTC:AXVEF OTCMarkets 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% 0.1038 0.079 0.135 0.00 21:00:17

Acrex To Complete Geophysical Survey on its Don's Lake Gold Property, Northwestern Ontario.

15/04/2008 3:00pm

PR Newswire (US)


CDN Maverick Capital (QB) (USOTC:AXVEF)
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Symbol "AKV": TSX Venture Exchange SEC Form 20F Registration CIK: 1194506 Symbol "AXVEF": OTC BB VANCOUVER, April 15 /PRNewswire-FirstCall/ -- Acrex Ventures Ltd. ("Acrex") is pleased to announce that it has signed an agreement with Abitibi Geophysics of Val d'Or Quebec to complete an Induced Polarization (IP) survey on its optioned Don's Lake mineral property. The survey will involve completing 18 line kilometres of geophysical coverage on 100 metre spaced lines along the 7 km - long Don's Lake Shear Zone (DLSZ). The DLSZ has been shown by litho-geochemistry to be prospective for gold and uranium mineralization. Previous exploration on the Don's Lake property has included VLF-EM and magnetometer surveys, geological mapping, litho-geochemistry, prospecting, and 20 diamond drill holes. Eight of the drill holes intersected the prospective shear zone. Among these eight holes, three holes intersected good gold grades within the DLSZ. These are DL 04-04 with 0.36 oz Au per tonne over 3.3 feet, hole Bam 88-12 with 0.566 oz Au per tonne over 3.6 feet and hole Fry-1 with 0.605 oz. Au per tonne over 0.4 feet. In 1978 trenching by Urangesellschaft returned an assay of 0.136% U(3)O(8) and 0.117 oz/t gold across 6.6 feet from a trench located along the south side of the DLSZ. The geophysical program will commence in early July and is expected to be completed by the end of July. It is anticipated that the survey will define targets for diamond drill testing later in the year. ACREX VENTURES LTD. Per: T.J. Malcolm Powell, President The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this Release. CONTACT: Investor Relations, Tel: (604) 618-1758, e-mail: , Fax: (604) 687-4212, website: http://www.acrexventures.com/ DATASOURCE: Acrex Ventures Ltd. CONTACT: Investor Relations, Tel: (604) 618-1758, e-mail: , Fax: (604) 687-4212, website: http://www.acrexventures.com/

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