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Bolero Announces A 5,500 Metre Drill Program For Confirmatory Infill And Step Out Drilling At Bald Butte
Bolero Announces A 5,500 Metre Drill Program For Confirmatory Infill And Step Out Drilling At Bald Butte.
About this update from Canada Carbon, Inc.
[{"type":"text","content":"\n\n\n\nVANCOUVER, April 10 /CNW Telbec/ - United Bolero Development Corp. (the\n"Company" or "United Bolero"), (TSX-V: UNB) is pleased to announce it has\nengaged Ruen Drilling, Inc. of Clark Fork, Idaho to conduct a 5,500 metre\n(approximately 18,000 feet) drill program on United Bolero's Bald Butte\ndeposit. The deposit currently shows a NI 43-101 inferred resource of\n105 million tons at a grade of 0.071% Molybdenum (0.12% MoS2) which was\ncalculated using the polygonal method, containing 150 million pounds of\nMolybdenum, (250 million pounds of MoS2) as stated in the press release dated\nDecember 14th, 2006:\n\n\nhttp://www.unitedbolero.com/index.php?page(equal sign)newsdetail&newsfile\n(equal sign)unb_20061214.htm.\n\n\nThis NI 43-101 resource was prepared by Broad Oak Associates (an\nindependent) and the Company is now undertaking the program recommended in\nthis Technical Report to increase the geological knowledge of the deposit.\nThis program will start on or about the middle of May 2007. The Bald Butte\nProject is located 28 miles northwest of Helena, Montana in Lewis and Clark\nCounty.\n\n\nKey Objectives of 2007 Drill Program:\n-------------------------------------\n\n- To conduct confirmatory infill and step out drilling to expand the\n overall resource and upgrade portions of it to the measured and\n indicated categories and;\n- To conduct additional exploratory drilling in the area of the Bald\n Butte pit where high grade mineralization has been reported previously.\n (see press release on May 3rd, 2006: \nhttp://www.unitedbolero.com/index.php?page(equal sign)newsdetail&newsfile(equa\nl sign)unb_20060503.htm).\n\n\nJohn Childs, Ph.D., Registered Geo (SME) is the "qualified person" (as\nsuch term is defined by NI 43-101) responsible for the preparation of the\ntechnical information in this release.\n\n\nUnited Bolero is listed on the TSX-Venture Exchange under the symbol UNB,\nas well as the Frankfurt Exchange under U7N. For more information, please\nvisit www.unitedbolero.com or call toll-free 888-945-4770.\n\n\nOn behalf of the Board of Directors\n\n\n"R. Bruce Duncan"\n\n\nPresident & CEO\n\n\nThe TSX Venture Exchange does not accept responsibility for the adequacy\n\n\nor accuracy of this release.\n\n\n","length":2409,"tagName":"div"}]