Business
ICS to apply for listing on TSX
ICS to apply for listing on TSX.
About this update from Carlton Precious Inc
[{"type":"text","content":"\n\n\n\nABBOTSFORD, BC, Aug. 20 /CNW/ - ICS wishes to make various announcements\nas follows:\n\n\n1) The Company has commenced an application to list on the TSX.\n\n2) The Company's drill programme is well under way with visible sighting\n of Malachite in core samples indicating the presence of copper.\n Initial drill results are expected to be announced by early October\n 2007 or sooner. Extensive bush clearance and ground preparation has\n taken place with an initial compound area cleared, compacted and\n fenced.\n\n3) The Company has commissioned an EIA (Environmental Impact Assessment)\n report on the Mokambo Mine which is expected to be completed by\n Dec 2007.\n\n4) Following meetings with GRD Minproc the company has decided to\n appoint GRD Minproc to undertake the DFS (Definitive Feasibility\n Study) on the Mokambo Mine with a possible completion date of\n March, April 2008.\n\n5) An application is being made to the Zambian Ministry of Mines for a\n Large Scale Mining licence.\n\n6) The Company has received confirmation that the two environmental\n PAR reports (plan d'attenuation et de rehabilitation de\n l'environnement) on the recently acquired gold copper concessions in\n the DRC pedicle have been approved by the DRC Ministry of Mines.\n\n\nAbout ICS\n\n\n---------\n\n\nThe Company aspires to develop into being a major African mining company\ncentered on the copper belt of Democratic Republic of Congo (DRC) and Zambia.\nIt holds an option agreement to acquire up to 80% of the Mokambo Copper mine\nin Zambia, an option agreement to acquire 76% of the Musoshi Tailings in DRC\nand an option agreement to acquire 73.5% of a group of four mining concessions\nin DRC. The company also has two "gold and copper concessions" covering\napprox. 60 square miles in DRC pedicle.\n\n\nON BEHALF OF THE BOARD OF DIRECTORS\n\n\n"Graham A. Chisholm"\n\n\nGraham A. Chisholm\n\n\nPresident and CEO\n\n\n No. 202 - 2526 Yale Court Rd.,\n Abbotsford, British Columbia, Canada, V2S 8G9\n Telephone: 604-859-3007 Fax: 604-859-3008\n Email: [email protected]\n\n THE TSX VENTURE EXCHANGE DOES NOT ACCEPT RESPONSIBILITY FOR THE\n ACCURACY OR ADEQUACY OF THIS RELEASE.\n\n\nThis release includes certain statements that may be deemed to be\n"forward-looking statements" within the meaning of the U.S. Private Securities\nLi...