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Conquest Summer Drilling Program at Golden Rose Property, Emerald Lake, Ontario
Conquest Summer Drilling Program at Golden Rose Property, Emerald Lake, Ontario Ca...
About this update from Conquest Resources Limited
[{"type":"text","content":"\n\n\n\nConquest Summer Drilling Program at Golden Rose Property, Emerald Lake, Ontario\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prntac{\nTEXT-ALIGN: CENTER\n}\n\n\n\n\n\n\n\nCanada NewsWire\nTORONTO, May 29, 2019\n\n\n\nNEW OPTION AGREEMENT ON 27 CLAIMS NEAR GOLDEN ROSE\nFINANCIAL RESULTS FOR THREE MONTHS ENDED MARCH 31, 2019\n TORONTO, May 29, 2019 /CNW/ - Conquest Resources Limited (TSX-V: \"CQR\") (\"Conquest\" or the \"Company\") is pleased to provide an update on the Company's planned summer drilling program at its 100% owned Golden Rose Gold Property, details of a new exploration option agreement in the Temagami Anomaly area and its Interim Financial Results for the three-month period ended March 31, 2019.\n\n \n \n\n \nGOLDEN ROSE SUMMER 2019 DRILLING PROGRAM\nConquest plans to carry out approximately 1,200 meters of drilling at six (6) favorable targets on its 100% owned Golden Rose property at Emerald Lake, Ontario.  The Company has applied for the necessary exploration permits for the summer drilling program and expects to commence its summer program as early as mid July 2019. \nThe six (6) selected drill sites were chosen based on geological investigation and the interpretation of a high-resolution, property-scale, airborne geophysical survey and follow up soil and MMI surveys completed in 2018 that verified each target to have anomalous gold geochemistry and confirmed potential for the discovery of gold mineralization in these areas. Execution of the planned drilling program is predicated on financing of a minimum of $250,000, on terms acceptable to the Company.\nMACBETH CLAIMS OPTION AGREEMENT\nConquest has entered into an option agreement with Vision Exploration to earn up to a 100% interest, subject to a 1.5% Net Smelter Royalty in twenty-seven (27) mineral claims, the \"MacBeth\" claims, situated approximately nine (9) kilometres southwest of Conquest's Golden Rose property at Emerald Lake.\nThe MacBeth claims are located in the east-central portion of Macbeth and western portion of Clement Townships, Sudbury Mining Division, Districts of Sudbury and Ni...