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Gold Port Report - 26 Soil Cores in for Assay
Exploration Update from the Akaiwong Project Symbol: GPO TSX-V VANCOUVER, Aug. 18 /CNW/ - Gold Po...
About this update from Lithium South Development Corporation
[{"type":"text","content":"\n\n\n\nExploration Update from the Akaiwong Project\n\nSymbol: GPO TSX-V\n\n\nVANCOUVER, Aug. 18 /CNW/ - Gold Port Resources Ltd. (The\n"Company")(TSX-V:GPO) is pleased to report on exploration progress at the\nAkaiwong Project. The Akaiwong Project is located in the Cuyuni Mining\nDistrict, Guyana S.A. and is situated approximately 20 kilometers southeast of\nthe Aurora Project. The Aurora Project is a multi-million ounce gold discovery\nowned by Guyana Goldfields.\n\n\nA Company owned and operated Geoprobe Soil Core Sampler is undertaking an\nextensive program of surface probe sampling. A total of 26 holes have been\ncompleted, and soil cores are now at Loring Laboratories (Georgetown, Guyana)\nfor analysis. The holes range in depth from 12 to 32 feet with total footage\nof 648 feet. The Geoprobe uses a dual tube system and produces a four foot\nsoil core enclosed within a plastic tube. The track mounted unit is able to\naccess areas of the Akaiwong Project previously unavailable for more advanced\nexploration. Gregg Powlan, Project Geologist, is on site and supervising the\ncollection of samples. The intent of the program is to expand upon the\npreviously identified near surface gold zone located by prior drilling. The\nprogram is scheduled to complete 100 holes.\n\n\nAnnual General Meeting Update\n-----------------------------\n\n\nDue to scheduling matters, the Annual General Meeting of the Company is\nnow scheduled for Monday, September 29, 2008.\n\n\nThe contents of this press release were reviewed by Allen V. Ambrose, a\nRegistered Geologist in the State of Washington, and a Qualified Person as\ndefined in National Policy 43-101\n\n\nOn Behalf of the Board of Directors of Gold Port Resources Ltd.\n\n\nAdrian F.C. Hobkirk\nPresident and Chief Executive Officer\n\n\nThe TSX Venture Exchange has not reviewed and therefore does not accept\nresponsibility for the adequacy or accuracy of the content of this press\nrelease. This news release contains certain "forward-looking statements"\nwithin the meaning of Section 21E of the United States Securities and Exchange\nAct of 1934, as amended. Except for statements of historical fact relating to\nthe Company, certain information contained herein constitutes forward-looking\nstatements. Forward-looking statements are based upon opinions and estimates\nof manage...