TSX Venture Symbol: CVN
VANCOUVER, June 11 /CNW/ - Cavan Ventures Inc. (the "Company") is pleased to announce its Phase 1 exploration program has commenced on the Company's Emerald - Kaslo Property, which is located in the Slocan Mining Division, 14 km northwest of Kaslo, British Columbia, Canada in the Kootenay Lake Forest District. The Slocan district is located in southeastern British Columbia, Canada, and was a major producer of silver, lead, zinc, copper, and gold at the turn of the last century when over 300 mines were in operation.
Emerald -Kaslo Property
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The Property consists of five MTO (Mineral Titles Online) claims collectively named the Emerald Claim Group with a total claim area of 1307.8 hectares. The Emerald Property is host to five areas of minor past production mines (Voyageur, Emerald, Empire, Standard, and Cub), which have been previously exploited for values in silver-lead and zinc and gold.
In 2006, the Company's exploration program on the Emerald - Kaslo property consisted of rock sampling and general geological mapping in and around the various mineralized zones found within the claim boundaries of the Emerald property. The mineral zones found on the Emerald property have been generally classified as polymetallic Ag-Pb-Zn +/- Cu, Au veins. In conclusion, the previous rock-sampling program on the Emerald property has determined a strong presence analogous to ore-grade levels of gold.
The Phase 1 exploration program was part of recommended stage one exploration program by the geologist of the 43-101 report, which consists of grid expansion, soil sampling, hand-trenching, geological mapping and sampling, and VLF-EM and Magnetometer geophysics for the Emerald property. The Company is looking forward for the exciting news from its exploration program.
This news release contains certain forward-looking statements that reflect the current views and/or expectations of Cavan Ventures Inc. with respect to its performance, business and future events. Such statements are subject to a number of risks, uncertainties and assumptions. Actual results and events may vary significantly.
On behalf of the Board of Directors,
CAVAN VENTURES INC.:
"Ming Chiang"
Ming Chiang, President & CEO
(604) 763-7748 (cell)
ming@cavanventures.com
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