Arcus Development Group Inc.: Dawson Gold Airborne Survey Completed
04 Mayo 2011 - 7:00AM
Marketwired
Arcus Development Group Inc. (TSX VENTURE: ADG) ("Arcus") announces
that a high resolution airborne magnetometer survey over its Dawson
Gold project area has been completed. The aeromagnetic survey
consisted of approximately 7,800 flight line kilometres at 100 m
line spacing and was flown by Precision GeoSurveys Inc. of
Vancouver, British Columbia. Data interpretation will be completed
by Condor Consulting Inc. of Lakewood, Colorado.
Arcus expects to receive the final data interpretation in mid to
late May and will commence its 2011 field program in early June.
The 2011 exploration program will consist of diamond drilling,
detailed ground geophysics and auger soil sampling, with a focus on
the Dan Man and Touleary claim blocks. The 2011 exploration program
and the results from the airborne magnetometer survey will be
available on the Arcus website once both have been finalized
(www.arcusdevelopmentgroup.com).
Arcus also announces that the board of directors has established
a technical committee to plan and supervise all of the company's
exploration activities. The technical committee will consist of
Eric Tweedie, William Wengzynowski, Marc Blythe and Ian Talbot, all
current directors of Arcus. For personal reasons, Eric Tweedie has
resigned as Vice President of Exploration, but will continue his
association with Arcus as both a director and a member of the
technical committee.
On behalf of Arcus Development Group Inc.
Ian J. Talbot, President & CEO
CAUTIONARY NOTE: This news release includes certain
"forward-looking statements". Other than statements of historical
fact, all statements included in this release, including, without
limitation, statements regarding future plans and objectives of
Arcus Development Group Inc., are forward-looking statements that
involve various risks and uncertainties. There can be no assurance
that such statements will prove to be accurate, and actual results
and future events could differ materially from those anticipated in
such statements. Important factors that could cause actual results
to differ materially from the Arcus Development Group Inc.'s
expectations are the risks detailed herein and from time to time in
the filings made by Arcus Development Group Inc. with securities
regulators. Those filings can be found on the Internet at
http://www.sedar.com.
Neither the 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: Arcus Development Group Inc. Grant Longhurst Corporate
Communications (604) 506-2445 (604) 688-2578 (FAX)
grant@arcusdevelopmentgroup.com Arcus Development Group Inc. Ian J.
Talbot President & CEO (604) 687-2522 (604) 688-2578 (FAX)
ian@arcusdevelopmentgroup.com www.arcusdevelopmentgroup.com
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