Pro Minerals Inc.: Drilling Recommended For Shining Tree Gold Project
12 Août 2010 - 7:25PM
Marketwired
Pro Minerals Inc. (TSX VENTURE: PRM) and its Board of Directors are
pleased to announce that, based on positive results now received
from the 2010 exploration program on the company's 100% owned
Shining Tree Gold Project, a multi-phase diamond drilling program
has been recommended. Results from all phases of the 2010
exploration program (prospecting, geological mapping, outcrop
sampling and geophysical surveys) have been received, compiled and
interpreted by consulting geologist Robert D. Stewart of Integeos
Inc., who has put forth the affirmative recommendation. Robert D.
Stewart will be integral in the planning and execution of follow up
drilling on the project.
Positive gold results from bedrock grab samples associated with
high chargeability in altered rhyolites are the target of
recommended drilling. Pro Minerals' 71.89 hectare Shining Tree Gold
Project (also known as the Beilby Lake Property) occurs within 150m
of auriferous quartz veins on the former Gold-Corona and Churchill
occurrences. None of the identified targets on Pro Minerals claims
have ever been drilled and surface mapping indicates that drilling
rather than trenching is considered the best means to test these
targets. The recommended Phase One drilling program will start by
testing the greater than 300m long Beilby Creek Target on two
sections spaced 150 metres apart to determine the nature and
structure of shear zones, quartz vein zones and associated wall
rock alteration in the volcanic stratigraphy. This target may be an
along-strike continuation of south-westerly-trending auriferous
veins occurring over a 200m breadth at the Gold-Corona and
Churchill occurrences. Drilling will therefore test for multiple
auriferous quartz veins in an area that is also along strike of
shear zones mapped on the shores of Beilby Lake. Subsequent
drilling of the Beilby Creek Target and other targets will be
determined as results warrant. Drilling would start once permitting
and the financing announced July 5th, 2010 are completed.
Pro Minerals Inc.'s Shining Tree Gold Project is located in the
Shining Tree camp, part of the Larder Lake Mining District in
north-eastern Ontario. The Shining Tree Camp is currently
experiencing heightened interest, based on recent announcements
made by companies exploring in the camp. Creso Exploration Inc.
continues to produce impressive gold results on their MINTO
Project, recently announcing an intersection of 82.5 metres of 13.3
G/T AU, and Platinex Inc. are currently carrying out an aggressive
11,500m drill program to further evaluate and expand the Herrick
gold deposit which sits approximately 1200 metres North of Pro
Minerals Shining Tree Project. The company would also like to
invite the public to visit our website to view "Pro Minerals
Shining Tree video". The 2 part, 15 minute video, contains portions
of a mini documentary which follows the staking rush that occurred
in September 1996, when the Shining Tree Camp was re-opened for
exploration. The video gives the public a chance to see first-hand
just how this historic staking rush (which utilized high school
track athletes to get a leg up on the competition) took place, as
well as interviews with the individuals involved.
The qualified person for the purposes of this news release is
Robert D. Stewart, P.Geo, and is a Qualified Person under National
Instrument 43-101 guidelines.
Click here to view video of "The Shining Tree Staking Rush":
http://www.promineralsinc.com/investors-contact-us/video-gallery
ON BEHALF OF THE BOARD OF DIRECTORS OF PRO MINERALS INC.
Adrian O'Brien - President/CEO
Please visit our website at http://www.promineralsinc.com or
e-mail us at info@promineralsinc.com, to be added to the Company's
e-mail list for press releases and updates.
Neither 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.
Contacts: Pro Minerals Inc. Adrian Bakker 1-877-663-6168 or
604-608-6168 604-683-8903 (FAX) info@promineralsinc.com
www.promineralsinc.com
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