ENP Newswire -
Release date- 28082014 -
During the year, the Company undertook the following significant activities on its 35 km long Cadillac Break property package in
Completed a 29 hole, 9,368m drilling program on Akasaba and Valdora, beginning its first significant step-out drilling with the objective of discovering further Akasaba-like gold and gold-copper mineralization on its properties;
Completed a 10 hole, 4,291 m drill program on its Sleepy project aimed at adding to the Current Resources at Sleepy;
Completed three surface geophysical surveys (Induced Polarization, or 'IP') covering a total of 18 square km over 1) its Akasaba and Valdora properties, 2) its Ducros, Oramaque, and Orenada properties, and 3) its Annamaque property, which yielded strong drill targets over the western half of the Company's property package Completed a downhole IP survey below the Current Resources at Akasaba, which also yielded strong drill targets at depth.
The Company is currently in the middle of a 10,000 m drill program on its Akasaba property, testing geological and geophysical targets below the Current Resources along the main
Work also continues on target selection from both the Annamaque and Ducros-Oramaque-Orenada IP surveys. The Company has re-sampled historic drill holes at Ducros as part of its preparation for an upcoming 2,600 m drill program there. Assay results are pending for 10 Akasaba holes.
In other matters, the Company has issued to an executive options to purchase 250,000 shares at an exercise price of
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
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