Business
Acrex announces Spanish Mountain drill program
Acrex announces Spanish Mountain drill program.
About this update from Avventura Resources Ltd.
[{"type":"text","content":"\n\n\n\n\nSymbol\"AKV\": TSX Venture Exchange\nSEC Form 20F Registration CIK: 1194506\nSymbol \"AXVEF\": Pink Sheets\n\nVANCOUVER, Aug. 28 /CNW/ - Acrex Ventures Ltd. (\"Acrex\") is pleased to\nannounce that Glen's Drilling Ltd., of Logan Lake, BC has advised that\nmobilization to the Spanish Mountain Gold Property will begin in early\nSeptember and drilling is expected to commence on September 5th.\nThe planned program is the first phase of a planned two-phase 2,000-metre\ndiamond drill program. The initial program will gather geological information\non the Hepburn Lake property where geochemical sampling has defined an\n800 metre by 1000 metre gold soil anomaly. The phase 1 drill program will\ninvolve approximately 800 metres of diamond drilling in four holes. Field\ncrews have recently completed the construction of all access roads and drill\nsites required for the diamond drill program.\nThe Acrex drill targets are located 2 kilometres along strike from the\nMain Zone on the immediately adjacent Skygold Ventures Ltd. and Wild Rose\nResources Ltd. Spanish Mountain joint venture gold project.\nThe Skygold-Wildrose joint venture is currently drilling on its adjacent\nSpanish Mountain property with three drill rigs. Results to date from drilling\non the main zone indicate a strike length of the mineralized zone of at least\n1.2 kilometres a width of at least 350 metres and a depth of at least\n200 metres. Grades of 1.5 g/t gold to 2.5 g/t gold over widths of 50 metres to\nover 100 metres have been reported and the mineralization remains open in all\ndirections.\nThe planning and execution of the exploration programs on Acrex's Spanish\nMountain properties are under the supervision of Perry Grunenberg, P.Geo. of\nP&L Geological Services. Mr. Grunenberg, is the Company's \"Qualified Person\"\nfor the Spanish Mountain Project for the purpose of National Instrument\n43-101.\n\nACREX VENTURES LTD.\n\nPer:\nT.J. Malcolm Powell,\nPresident\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\nor accuracy of this Release.\n\n\n\n","length":2105,"tagName":"div"}]