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Discovery Harbour Completes Due Diligence of Nevada Project and Announces Confirmation Geochemical Sampling Results
VANCOUVER , July 16, 2014 /CNW/ -   Discovery Harbour Resources Corp ("DHR") (TSX-V:...
About this update from Discovery Harbour Resources Corp.
[{"type":"text","content":"\n\nVANCOUVER, July 16, 2014 /CNW/ - Discovery Harbour Resources Corp (\"DHR\") (TSX-V:DHR) is pleased to announce the results from its due diligence review of the 2BAR property (the \"Property\") in Nevada, USA, following its entry into an  Exploration License with Option to Purchase dated June 19, 2014 whereby DHR was granted an option to acquire a 100% interest in the Property.  See DHR press release dated June 20, 2014. \n\nThe Property is comprised of eleven patented mining claims comprising approximately 227.26 non-contiguous acres (91.97 hectares). Staking of 71 new unpatented claims began on June 29, 2014 and was completed on July 9, 2014. The unpatented claims total approximately 1,491 acres (603 hectares). The Property is now comprised of approximately 1,717.6 acres (695.1 hectares) that DHR holds either through option or direct ownership, none of which are subject to royalties of any type. All claims are located near Lovelock, in the Table Mountain Mining District, Churchill County, Nevada. The Property lies in the vicinity of the historic Bradshaw copper and Bolivia nickel mines. \n\nThe due diligence field trip was undertaken by DHR to assess the extent of any environmental liabilities resulting from historic mining activities on the Property, and to confirm the existence of the mineralization previously presented to DHR.  \n\nConditions resulting from previous mining activities on the Property claims are an open, vertical shaft, three horizontal adits, an open decline, a horizontal adit located approximately 200' beneath the decline described above and a number of other discovery workings.  A small dump of charcoal slag used for roasting copper ore is present next to the shaft. Geochemical samples were taken to determine whether this slag contains concentrations of contaminants or base / precious metals from the roasting process. Assay results did not indicate any ore or contaminants within the slag samples. These conditions do not suggest material environmental liability. As DHR holds the patented claims under an option agreement, title currently remains with the landowner. No liability from historic mining operations will attach to DHR unless and until DHR exercises its option and becomes owner of record title.\n\nDHR was introduced to the Property on the basis of a submittal from Mr. The...