Business
Discovery-Corp Retains CME to Drill Galaxy Deposit
Discovery-Corp Retains CME to Drill Galaxy Deposit Vancouver, British Columbia CANADA, October...
About this update from Discovery-corp Enterprises Inc.
[{"type":"text","content":"\nDiscovery-Corp Retains CME to Drill Galaxy Deposit\n\nDiscovery-Corp Retains CME to Drill Galaxy Deposit\nVancouver, British Columbia CANADA, October 31, 2011 /FSC/ - Discovery-Corp Enterprises Inc. (DCY - TSX Venture)(the \"Company\"), has retained CME Consultants Inc. of Richmond, BC to manage the next drilling program on its copper-gold deposit on its wholly-owned Galaxy Property, located in the Afton Camp in Kamloops, BC. The program will commence once drilling permits are received.\nCME created a 3-D model of the Galaxy deposit (announced January 21, 2011) that showed there is potential for additional mineralization on-strike to the southeast and northwest. There is also potential to discover the offset root of the Galaxy deposit, in the footwall of the thrust fault that truncates the mineralization at depth. (View model @ www.discovery-corp.com).\nThe Galaxy deposit has a strike length of 600 metres and a maximum depth of 140 metres. Discovery-Corp's drill programing will test the strike and depth potential in addition to verifying and infilling historical zones. The goal is to increase the size of the current deposit and assist in moving the deposit toward a NI 43-101 compliant resource. The estimated cost of this phase is $100,000. \n-30-\nDiscovery-Corp is a junior exploration company based in British Columbia, Canada that is focused on finding high quality gold and copper properties. Discovery-Corp's properties include the Galaxy, located in the Afton camp in Kamloops, BC and the Rock Creek Ranch, located in North Central Nevada at the intersection of the Getchell and Battle Mountain-Eureka gold trends. \nOn Behalf of the Board of Directors\nAlex Pannu, President\nThis release has been prepared by Management - The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this news release.\nThis document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the corporations control which may cause actual results, performance or achievements of the corporation's to be materially different from the results, performance or expectation implied by these forward looking statements. \nTo view this release as a web page, please click on the following link:\nhttp://www.usetdas.com/pr/discovery10312011.htm  ...