Business
Network modifies work commitment and payment schedule for Caldera
VANCOUVER, May 6 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V: NET) wishes to announce...
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"\n\n\n\nVANCOUVER, May 6 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V:\nNET) wishes to announce that its Chilean subsidiary, Network Exploration Chile\nLimitada, has modified the terms of its work commitment and payment schedule\nwhereby the Company will continue to earn a 50-per-cent interest in the\nCaldera gold and copper project as announced November 9, 2006.\n\n\nUnder the terms of the modified agreement the overall work commitment and\nproperty payments remain the same; however, the payment schedule has been\nmodified to expedite this year's work program.\n\n\nNetwork will release details of its upcoming work program on the Caldera\nproperty in due course.\n\n\nThe Caldera property, covering an area of 2,400 hectares, is located in\nthe mineral-rich Huasco province of Chile. Based on historical occurrences of\ngold and copper deposits in similar geological settings within the Andes\nMountains and historical gold mining activity on the property itself, the\nCompany is confident that there exists a strong potential for the Caldera\nproject to host economic gold and/or copper ore bodies.\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. For additional information, contact the\ncompany at 604 638-7363 (toll free 866 637-5138) or visit the Company's\nwebsite: www.networkexploration.com.\n\n\nON BEHALF OF THE BOARD OF DIRECTORS\n\n"Alexander Helmel"\nPresident\n\n\nForward looking Statements. This news release has been prepared by\nmanagement. This document contains certain forward looking statements which\ninvolve known and unknown risks, delays, and uncertainties not under the\nCompany's control which may cause actual results, performance or achievements\nof the Company to be materially different from the results, performance or\nachievements implied by these forward looking statements.\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.\n\n\nThis news release contains certain "Forward-Looking Statements" within\nthe meaning of Section 21E of the United States Securities Exchange Act of\n1934, as amended. All statements, other than statements of ...