Business
Stellar Pacific to start a drilling program on its Vassan property in Val d'Or mining camp
Stellar Pacific to start a drilling program on its Vassan property in Val d'Or mining camp.
About this update from Stellar Africagold, Inc.
[{"type":"text","content":"\n\n\n\n\nLAVAL, QC, Nov. 21 /CNW Telbec/ - Stellar Pacific Ventures inc is pleased\nto announce the beginning of a drilling program on its Vassan property.\nThe objective of the program is to define and confirm the continuity of\nthe mineralized structure between known intersections in the Hamelin zone with\na series of holes drilled 50 meters a part, to explore the extensions of the\nmineralization and to better define the zones with highest grades. A total of\n2,000 meters of drilling consisting of approximately 5 holes shall be\ncompleted this winter.\nThe drilling program will be supervised by Pierre O'Dowd P.Geo being\nqualified person as per National Instrument 43-101.\nThe property, consist of 7 claims totalling 280 hectares in range 2 of\nVassan Township, is strategically located near several present and past\nproducers including the Siscoe mine, directly to the south of the property,\nthe Kiena mine, located 5 km to the south-west of the property and the\nSullivan mine, located 3.5 km to the south-east of the property and finally\nthe Wesdome development project located some 3 km to the west of the project.\nThe company can earn 51% interest by issuing 600,000 of its share capital\nover a period of three years, and completing $1,000,000 in exploration work\nover that same period.\nThe technical information contained in this press release has been\nprepared by Pierre O'Dowd P. Geo, a qualified person as per National\nInstrument 43-101.\n\nStellar Pacific Venture Inc. is a junior mining exploration company\nlisted on the TSX-V whose primary objective is to develop and bring into\nproduction viable gold deposits.\n\n\"Michel Lemay\"\n-----------------------------------------------\nMichel Lemay\nPresident\n\nThe TSX Venture Exchange has in no way passed on the merits of the\nproposed transaction and has neither approved or disapproved the contents\nof this press release.\n\n\n","length":1948,"tagName":"div"}]