Business
Network Exploration Update
Network Exploration Update.
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"\n\n\n\nVANCOUVER, Aug. 24 /CNW/ - Network Exploration Ltd. (the "Company")\n(TSX.V: NET.H) is pleased to provide an update on its mineral projects and\nplans for the upcoming season. Key activities will include drilling at the\nCompany's Caldera property in Chile, surface exploration at Pistala, and\nreview of new acquisition opportunities in South America.\n\n\nCaldera Project: The Company will commence its first phase drill program\nat its Caldera gold and copper project in Chile. Results from Network's Phase\nII exploration program completed in May 2007 have outlined drill targets in\nboth the copper zone and the newly discovered gold zone on the property. The\ncompany will be drilling holes to depths of 250m at locations designed to test\neach of these zone's mineral concentrations.\n\n\nPistala Project: Senior geologist Mr. Marco Fernandez-Concha is currently\noutlining the Phase I exploration program for the Company's Pistala copper\nproject in southern Peru. Phase I exploration will consist of mapping,\nsurveying, and surface sampling to establish targets for a more detailed\ntrench and sampling program to follow. Network is expected to commence Phase I\nexploration in the fall of 2007.\n\n\nNew Opportunities: The Company is evaluating potential mineral\nexploration projects in South America, focusing on quality gold and copper\nprojects with large scale potential. The Company hopes to add an additional\nproject by the end of 2007.\n\n\nNetwork Exploration has submitted all required documents to the TSX\nVenture Exchange for the purposes of Tier II graduation. The Company eagerly\nanticipates Tier II graduation so it can move forward with the recommended\nwork program at Caldera, preliminary exploration at Pistala, and the\nacquisition of new and exciting mineral projects in South America.\n\n\nNetwork Exploration Ltd. is a mineral exploration Company committed to\nbuilding shareholder value through the acquisition of base and precious metal\nproperties in North and South America.\n\n\nON BEHALF OF THE BOARD OF DIRECTORS\n\n\n"Alexander Helmel"\n\n\nPresident\n\n\n-------------------------------------------------------------------------\n\n\nTHE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS\nRELEASE. This news relea...