Business
CARMAX MINING CORP. ANNNOUNCES CONSULTING SERVICES RETAINED
CARMAX MINING CORP. ANNNOUNCES CONSULTING SERVICES RETAINED
About this update from District Copper Corp.
[{"type":"text","content":"\nCARMAX MINING CORP. ANNNOUNCES CONSULTING SERVICES RETAINED\n\n\n Nov. 4, 2010 (TheNewswire.ca) -- Carmax Mining Corp. (TSX-V: CXM)(\"Carmax\") is pleased to announce that it has retained the services of Agnerian Consulting Ltd. to undertake a review of the Eaglehead porphyry copper project located in the Quesnel Trough area of northwestern British Columbia.The purpose of the review is to assemble and obtain a NI 43-101 compliant Technical Report on the 95 diamond drill holes completed on the Property of which 36 have been drilled by Carmax (NYSE:KMX) since 2006 at an approximate cost of $5,000,000.The last report prepared on the Eaglehead property predates Carmax's expenditures. The report to be prepared will include figures, tables and appendices required to support conclusions and recommendations for a future exploration program to be undertaken on the property.Agnerian Consulting Ltd. is an independent consulting firm owned and controlled by Hrayr Agnerian, M.Sc (Applied) P, Geo. Since 1987 Mr. Agnerian has been practicing his chosen career first with Roscoe Postle Associates Inc. (now a member of the Scott Wilson Group) and then as an associate of Scott Wilson Roscoe Postle.Mr. Agnerian has been a qualified person for the preparation of numerous independent NI 43-101 Technical Reports and reports for listing on the Toronto Stock Exchange and the TSX Venture Exchange. Many of these reports have included estimations of mineral resources.Jevin Werbes states: \"a tabulation of all available data and a current 43-101 Technical Report is long overdue after an expenditure by Carmax of approximately $5,000,000 on the Property. Four separate mineral zones have been identified on the property covering an area of approximately 94 square kilometres. The Property is located in a region that hosts a number of porphyry copper deposits, including Mount Milligan and the Kwanika deposit of Serengeti Resources (OOTC:SGRNF) Ltd. approximately 80 kilometres north of Imperial Metal's Red Chris property. The report is intended to assist Carmax in formulating a meaningful exploration program for the 2011 exploration season. The report once available will be filed with regulators and on Sedar\".Carmax Mining Corp\"Jevin Werbes\"JEVIN WERBESPRESIDENTFor further information, please visit www.sedar.com to view the Company's profile or contact Carmax...