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Canadian International Minerals commences drilling on Carbo Rare Earth Project

Trading Symbol CIN-TSX.V VANCOUVER, Aug. 17, 2011 /CNW/ - Canadian International Minera...

articleEgr Exploration LtdAugust 17, 20113/company/egr-exploration-ltd/news/canadian-international-minerals-commences-drilling-on-carbo-rare-earth-project
Canadian International Minerals commences drilling on Carbo Rare Earth Project

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[{"type":"text","content":"\n\n\n\n\n\nTrading Symbol CIN-TSX.V\n\n\nVANCOUVER, Aug. 17, 2011 /CNW/ - Canadian International Minerals Inc\n (TSXV:CIN) is pleased to announce a diamond drilling program comprising\n a minimum of 3200 metres in sixteen holes has commenced on its 75%\n owned Carbo Rare Earth Element (REE) property. This first phase will\n focus on Targets, A, C, and D as outlined in our news release dated April 20, 2011. Target A is defined by a 900 by 400 meter coincident airborne\n radiometric and magnetic anomaly with anomalous rare earth and\n indicator element soil geochemistry. Targets C and D also combine\n favorable airborne geophysics, soil geochemistry, and geological\n mapping.\n\n\nTarget A is approximately 2000 meters south-east of Spectrum Resources\n 2008/09 drilling: select drill hole intersections from that program\n included 48.64 meters of 3.55% combined Rare Earth Elements (REEs), 144\n meters of 2.2% combined REEs and 72 meters of 2.92% REEs. (Graf, Lane,\n Morrison, 2009). All intersection were collared in mineralization and\n assays were given in total elemental REEs which understates actual REE\n oxide content.\n\n\nCIN has a multi-year drill permit for 30,000 meters, of which it is\n anticipated that up to 8000 meters will be completed in the 2011 season\n ending late November. Core will be cut, logged and stored at the\n company's expanded warehouse in Prince George, and samples will be sent\n to Activations Labs sample preparation facility in Stewart , B.C., with\n final analysis at their main lab in Ancaster, Ontario.\n\n\nFurther surface work is being conducted to expand and further define\n targets identified by previous airborne, soil geochemistry and\n geological mapping as well as previous diamond drilling.\n\n\nA conditional excavated access permit has been granted, but\n unavailability of heavy equipment from Duz Cho Construction this late\n in the season as a result of delay in the granting of the access\n construction permit has resulted in the initial drilling being\n conducted with helicopter support.\n\n\nThe Carbo Property comprises 7 claims totaling 2,778.63 hectares in\n area, and is accessible by all weather gravel roads. It is\n approximately 80 km north east of Prince George, BC, and is currently\n held in a joint venture with CIN holding 75% and Commerce Resources\n Corp. holding 25%.\n\n\nMichae...

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