Business
Bolero begins drilling at Cannivan Gulch
Bolero begins drilling at Cannivan Gulch.
About this update from Canada Carbon, Inc.
[{"type":"text","content":"\n\n\n\nVANCOUVER, Sept. 13 /CNW Telbec/ - United Bolero Development Corp. (the\n"Company" or "United Bolero"), (TSX-V: UNB) is pleased to provide an update on\nthe 1,890 metre (6,200 feet) diamond drill program currently underway at\nCannivan Gulch. The Cannivan Gulch property is located approximately 30 miles\nsouthwest of Butte, Montana and was previously explored between the years 1968\nand 1981 by Cyprus-Amax, Amoco Minerals and others. United Bolero has an\noption to acquire a 100% interest in the property which consists of\n15 original unpatented claims covering 300 acres plus an additional 600 acres\ncovered by an additional 30 claims.\n\n\nDiamond Drill Program:\n\n\n----------------------\n\n\nDrilling at Cannivan Gulch was delayed by a series of obstacles including\na longer than expected permitting process, and the lack of helicopters due to\nwild fires in the area. However, we are pleased to announce that a core\ndrilling rig provided by Ruen Drilling, Inc. of Clark Fork, Idaho was lifted\nby helicopter onto the first drill site at an elevation of approximately\n9,000 feet on September 7, 2007. Water lines, pumps and other support\nfacilities were installed by September 11 and drilling commenced on hole\nCG07-1 on September 12, 2007. Drilling is being conducted by two crews, each\nworking ten- to twelve- hour shifts per day.\n\n\nThe present drilling program on the Cannivan Gulch property is designed\nto confirm previous drill results by drilling a twinned hole and to fill-in\nand expand the existing non-compliant resource. New hole CG07-1 will twin\nhistorical hole CG-1 which contained molybdenum mineralization starting at the\nsurface in the north-central portion of the historically identified\nmineralization. We anticipate that this hole will have a total depth of\napproximately 500 feet. New hole CG07-2 is designed to test the limits of\nnear-surface mineralization and to fill-in mineralization recognized at depth\nin previous drill holes in the northern portion of the historical\nmineralization. New holes CG07-3 and CG07-4 are designed as in-fill holes in\nthe south-central and southern portions of the mineralization, respectively.\n\n\nCore Logging and Assaying:\n\n\n-------------------------\n\n\nThe core is being sawed, photographed, and geologically logged at United\nBolero's core facili...