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Discovery Harbour Completes Drilling at Wabassi VMS Project, Assay Results Expected in July.
/NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER THE UNITED STATES NEWSWIRE SERVICES...
About this update from Discovery Harbour Resources Corp.
[{"type":"text","content":"\n\n\n/NOT FOR DISSEMINATION IN THE UNITED STATES OR OVER THE UNITED STATES\n NEWSWIRE SERVICES./\n\n\nVANCOUVER, June 25, 2013 /CNW/ - Discovery Harbour Resources Corp.\n (TSXV:DHR) (\"Discovery\" or the \"Company\") is pleased to announce the\n completion of the Drill Program as announced May 28, 2013 at the\n Wabassi VMS Project, located in Northwestern Ontario. \n\n\nThis latest drilling completes a two phase program that commenced in\n March: a total of nine holes for 2,889 meters of drilling have been\n completed. The drilling achieves a significant milestone as it ensures\n the company has satisfied the drilling commitment detailed in the NI\n 43-101 report scope that accompanied the RTO by way of a Plan of\n Arrangement completed April 2, 2013.\n\n\nSamples are currently being processed and sent to ALS Minerals, North\n Vancouver. The assay results of all drill holes are expected to be\n available through July once analyses have been received and subjected\n to quality assurance/quality control review.\n\n\nTwo regional targets were tested in the first phase as per the company\n News Release dated May 14, 2013. The second phase of the drilling was\n designated for the testing of down-hole gravity targets at the Anomaly\n E VMS occurrence (see May 28, 2013 News Release). We have demonstrated\n that most gravity anomalies in the subsurface are attributable to\n density contrasts between the intersected host rocks.\n\n\nPresently down-hole electromagnetic surveys are being conducted. Results\n from these surveys will be included for testing with the next round of\n drilling.\n\n\nOn behalf of the Board,\n\n\nIan Graham, President and CEO\n\n\n\n\n\nCautionary Note Regarding Forward-Looking Statements: This news release contains forward-looking statements concerning the\n Company's plans for exploration of the Wabassi Property. These\n forward-looking statements are subject to a variety of risks and\n uncertainties which could cause actual events or results to differ\n materially from those reflected in the forward-looking statements,\n including, without limitation, the risk that the samples from the\n drilling program may not be tested as planned or at all and that the\n down-hole electromagnetic surveys may not be conducted as planned or at\n all. Factors which may delay or prevent these forward-looking\n statements ...