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TIEX INC. announces commencement of diamond drilling at its Gold Creek property
KELOWNA, BC, July 25 /CNW/ - Tiex Inc. (the "Company") TSX-V: TIX, Mr. Ernie Bergvinson, presiden...
About this update from Bullion Gold Resources Corp.
[{"type":"text","content":"\n\n\n\nKELOWNA, BC, July 25 /CNW/ - Tiex Inc. (the "Company") TSX-V: TIX, Mr.\nErnie Bergvinson, president, of TIEX INC. announces commencement of diamond\ndrilling at its Gold Creek property in the Likely area of the Cariboo mining\ndistrict, British Columbia. The target area occurs in the Bullion Gold Corp.\nmineral tenures that were acquired as part of the Company's recent Qualifying\nTransaction. They comprise 20 contiguous claims encompassing 7,135 hectares\nalong the Quesnel metallogenic belt. The historic mining district has been\nrejuvenated in recent years following the discovery at nearby Spanish Mountain\nby Skygold Ventures Ltd. of gold-bearing zones hosted in argillites, black\nphyllites and wackes of Middle Triassic age.\n\n\nTIEX INC. recently completed a $2,000,000 financing with funds received\nto be directed to exploration of the Company's Cariboo area properties that\ncomprise a total of 260,307 hectares. The Gold Creek diamond drilling program\nis being managed by Dan Cardinal, P.Geo., project manager and Qualified\nPerson. A contract for 6,500 metres of core drilling has been signed with\nHardrock Diamond Drilling Ltd. of Naramata, B.C. to provide a new,\ntrack-mounted drill equipped with HQ-size tools. Drill core will be logged at\nthe Company's facility in Likely, B.C. and core will be split and sampled by a\ndiamond saw. As part of quality control and quality assurance, blanks,\nstandards and duplicates will be inserted in the sampling procedure. Samples\nwill be shipped to Acme Analytical Laboratories Ltd. of Vancouver, B.C.\n\n\nThe 43-101 qualified person for Tiex's projects is Dan Cardinal, P.Geo.,\nProject Manager, for all of the Company's projects in the Cariboo district and\nhas verified the contents of this news release.\n\n\nOn Behalf of the Board of Directors,\n\n\nErnest Bergvinson, President & CEO\n\n\nThis news release contains certain statements that may be deemed\n"forward-looking statements". All statements in this release, other than\nstatements of historical fact, that address future production, reserve\npotential, exploration drilling, exploitation activities and events or\ndevelopments that the Company expects to occur, are forward looking\nstatements. Forward looking statements are statements that are not historical\nfacts and are generally, but not always, id...