Business
Update to Caldera drift program
VANCOUVER, Aug. 19 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V: NET) is pleased to an...
About this update from Ynvisible Interactive Inc. Class A
[{"type":"text","content":"\n\n\n\nVANCOUVER, Aug. 19 /CNW/ - Network Exploration Ltd. (the "Company")\n(TSX.V: NET) is pleased to announce a progress report on the underground\nexploration project at the Company's Caldera project in Chile.\n\n\nThe Company is currently carrying out underground exploration drifting in\nthe historic La Blanca gold mine workings that occupy a portion of the Caldera\nproperty, which includes over 150 smaller gold workings and three abandoned\ngold mines.\n\n\nThe Company's plans are to complete 200 metres of exploration drifts,\ndesigned to test the gold content, strike continuity and thickness of vein\nstructures hosting gold mineralization that lie within the approximately 100\nmetre by 300 metre silica breccia stockwork that is hosted in quartz-sericite\naltered andesite. To date, the drifting is 50% complete. Geologists at the\nsite report that drifting has so far intersected alteration and favorable\nmineralogy for hosting gold mineralization. These include strongly argillized\nhydrothermal breccias, moderate to strong sericite alteration, disseminated\nhematite and local tourmaline breccias.\n\n\nTo date, 34 underground wall samples have been taken and submitted to ALS\nChemex Laboratory in La Serena Chile where they will be analyzed by procedure\nAu-AA24 (50g fire assay and atomic absorption) and ME-ICP 41 (35 element ICP)\nmethods. Results will be released when available.\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 F...