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California Gold Mining Announces Commencement of Drill Program at Fremont Property
California Gold Mining Announces Commencement of Drill Program at Fremont Property (NOT FOR ...
About this update from Canadian Goldfields Discovery Corp
[{"type":"text","content":"California Gold Mining Announces Commencement of Drill Program at Fremont PropertyCalifornia Gold Mining Announces Commencement of Drill Program at Fremont Property \n(NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.  ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW.)\nToronto, Ontario CANADA, May 22, 2013 /FSC/ - California Gold Mining Inc. (CGM - TSX Venture), (\"California Gold\" or the \"Company\") announces that it has commenced drilling operations on the Fremont Property.  The objective of the drilling program is to drill 14 holes, which will twin existing historical (reverse circulation (RC)) drill holes on the Fremont Property with diamond drill HQ (2.5\" diameter) core.  Drilling will be performed by National Exploration, Wells, Pumps based in Woodland, California.  It is expected that approximately 5,500 feet of drilling will be performed as part of the program.  The Company anticipates the drilling to take approximately one month.  Following the completion of the drilling, samples will be sent for analysis.  Upon completion of the drill program the Company plans to commission a technical report on the Fremont Property that will bring historic resource estimates into compliance with the definitions used in National Instrument 43-101 - Standards of Disclosure for Mineral Projects (\"NI 43-101\").  \"We are very pleased to have begun our initial drill program,\" said Martin Shefsky, CEO of California Gold. \"It is anticipated that following the twinning of these holes the Company will continue with its drill program in order to test the strike length and down dip potential of the Fremont Property\".\nThe Fremont Property consists of 3,351 acres of historically producing (from approximately 1840 through 1940) gold mines.  The Property was purchased by the Company in March 2013 (see press release dated March 1, 2013).  California Gold (formerly Upper Canada Gold Corp. TSX-V:UCC) is focused on advanced stage historic gold projects in California.\nEric Moeller, RPG (SC374), is the Qualified Person under NI 43-101 who has reviewed the contents of this release.\nCAUTION REGARDING FORWARD-LOOKING INFORMATION\nThis news release of California Gold...