Business
Network announces initiation of diamond drill program at Caldera
Network announces initiation of diamond drill program at Caldera
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"\n\n\n\n Jul. 29, 2010 (Canada NewsWire Group) -- \n \n \n VANCOUVER, July 29 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V: NET) is pleased to announce that it has commenced a second-phase drill program at its Caldera property located in the mineral-rich Huasco Province of Chile. The program is designed to test 13 specific gold and/or copper targets delineated in prior work programs on the property.\nThe diamond drilling program at Caldera is being supervised on site by Network's senior geologist, Marco Fernandez-Concha and will test the La Blanca mine area and it's recently discovered gold zones, several areas of exposed silica breccia known to host encouraging gold values, and numerous gold/copper targets at depths never previously achieved with reverse circulation drilling. The program is substantial, will test up to 3000 meters, and is expected to last 10-12 weeks.\n"Our camp is mobilized and we are actively drilling again at Caldera," stated Director of International Operations Richard Schnoor. "This diamond drill program will concentrate on gold and copper targets outlined by previous programs and will hopefully reveal our resource potential," added Schnoor.\nThis press release has been approved by Ken Thorsen, a director of the Company and the Company's Qualified Person.\n\nNeither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.\n\nNetwork Exploration Ltd. is a mineral exploration Company engaged in the acquisition and exploration of base and precious metal properties in North and South America. For additional information, contact the Company at 604 638-7363 (toll free 866 637-5138) or visit the Company's website: www.networkexploration.com.\n\nON BEHALF OF THE BOARD OF DIRECTORS\n\n"Alexander Helmel"\nPresident\n\nForward looking Statements. This news release has been prepared by management. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or achievements implied by these forward looking sta...