M45 Mining Resources Inc. Announces Tender Process for Matagami Camp Drilling Program in the Works Under Supervision of InnovExplo Geologist
Posted on: Wednesday, 19 September 2007, 09:02 CDT
M45 Mining Resources Inc. (OTCBB: MRES) today announced that the tender process for Matagami Camp drilling program in the works under supervision of InnovExplo Geologist.
This initiative is pursuant to the publication of positive results contained in the NI-43-101 report on the West Wind Property, which is described in the Company's Form 8-K filed on June 12, 2007.
The independent geologist firm has validated that the discovery of a high potential for sizable mineral deposits on the West Wind Property is of sufficient merit to recommend an immediate massive drilling program at a cost of $2.8 million CDN. The NI-43-101 report stipulates that the drilling operations must be executed between January and the end of March 2008 because some of the key targets are positioned in swampy areas. Ice platforms and bridges are economically advantageous as well.
The diamond drilling program implicates a first drilling phase of 4500 meters as well as a second phase for 10,000 meters conditional to success of phase 1. The program involves 6 Calibre NQ holes for a total of 1250 meters and 4 holes each 500 meters. The drill holes will involve utilisation of "Long Shell" and "core barrel" using "Flexit" equipment.
For accurate information shareholders may visit the SEC Website at www.sec.gov or via the link on M45's Corporate Web site at www.m45mining.com. Alternatively, contact Mr. Jean Minville, Investor Relations at (888) 727-8569 or via email at ir@thebrokerus.com.
Forward-Looking Statements
Please be advised that statements made herein, other than historical data, constitute forward-looking statements that involve risks and uncertainties that could cause actual results to differ materially from those stated or implied by such forward-looking statements. The potential risks and uncertainties include, among others, potential volatility in the company's stock price, increased competition, customer acceptance of new products and services offered by the company, and uncertainty of future revenue and profitability and fluctuations in its quarterly operating results.
Contact: Mr. Jean Minville Investor Relations (888) 727-8569 ir@thebrokerus.com
SOURCE: M45 Mining Resources Inc.
Source: MARKET WIRE
Related Articles
- VAALCO Energy Provides Update on Drilling and Exploration Program
- VAALCO Energy Updates Progress on Drilling and Exploration Program
- Cabo to Drill 3,000 Meters for Seafield at Elora Gold Project
- Cabo Mexico to Drill 4,000 Meters for SilverCrest Mines in Northern Mexico
- Heinz Announces Preliminary Proxy Voting Results; Looks Forward With Confidence to Executing Its Plans to Increase Shareholder Value
- Ebert Looks Forward to Return to Work
- Weary Shuttle Crew Looks Forward to Earth
- Taiwan "Looks Forward to Better Ties With Japan" After Election
- New champion Taylor looking forward to rematch
- UK Astronomers Look Forward to Looking Back
User Comments (0)

RSS Feeds