Business
Drilling to Commence on Tower Property
Jul. 14, 2011 (Canada NewsWire Group) -- TORONTO, July 14, 2011 /CNW/ - Pure Nickel Inc. ( ...
About this update from Galleon Gold Corp
[{"type":"text","content":"\n\n\n Jul. 14, 2011 (Canada NewsWire Group) -- \n\n#ReleaseContent TABLE\n{\n BORDER-COLLAPSE: collapse\n}\nTR.cnwUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTR.cnwDoubleUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTR.cnwBoldUnderlinedCell TD\n{\n BORDER-BOTTOM: #000000 3px solid\n}\nTD.cnwUnderlinedCell\n{\n BORDER-BOTTOM: #000000 1px solid\n}\nTD.cnwDoubleUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px double\n}\nTD.cnwBoldUnderlinedCell\n{\n BORDER-BOTTOM: #000000 3px solid\n}\n#ReleaseContent TABLE.cnwBorderedTable TD\n{\n BORDER-RIGHT: black 1px solid;\n PADDING-RIGHT: 2px;\n BORDER-TOP: black 1px solid;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n BORDER-LEFT: black 1px solid;\n PADDING-TOP: 2px;\n BORDER-BOTTOM: black 1px solid;\n BORDER-COLLAPSE: collapse\n}\n#ReleaseContent TABLE TD\n{\n PADDING-RIGHT: 2px;\n PADDING-LEFT: 2px;\n PADDING-BOTTOM: 2px;\n PADDING-TOP: 2px\n}\n\n\nTORONTO, July 14, 2011 /CNW/ - Pure Nickel Inc. (TSX: NIC), (OTCBB: PNCKF) today announced that its option partner Rockcliff Resources Inc. (TSXV: RCR) reported it had commenced its summer exploration program which will\n include drilling at the Tower property.\n\n\nDrilling at the Tower property will focus on two untested conductors\n that were discovered by a geophysical Time Domain Electromagnetic\n Survey (TDEM) recently completed by Rockcliff.  The first conductor is\n located approximately 800m west of the Tower copper deposit and has a\n strike length of over 1 km and very similar geophysical characteristics\n to the nearby deposit.  The second is a 250m long conductor located\n approximately 100m west of the deposit.  Additional drilling on the\n Tower copper deposit is planned for the fall.\n\n\nRockcliff has the exclusive right to earn a 70% interest in the Tower\n Property from Pure Nickel. Rockcliff must pay $150,000 in incremental\n payments over four years and will be required to incur aggregate\n exploration expenditures totalling $4,000,000 over four years. Please\n refer to the Press Release dated February 28, 2008 for further details.\n\n\nKen Lapierre P.Geo., President and CEO of Rockcliff Resources Inc. is a\n Qualified Person in accordance with Canadian regulatory requirements as\n set out in NI 43-101, and is responsible for the information in this\n press release.\n\n\nAbout Pu...