Central Commences Work on Selwyn Creek Project, Dawson Range, Yukon
30 Junio 2011 - 10:00AM
Marketwired
Central Resources Corp. (TSX VENTURE: CBC) ("Central" or the
"Company") has begun the 2011 exploration program on its Selwyn
Creek properties located in the Dawson Range area of the White Gold
district, Yukon.
Initial work consisting of wide spaced and detailed soil
sampling, prospecting, geological mapping and trenching will be
focused on the "L" block to identify potential drill targets for
subsequent testing. The detailed soil sampling will follow up soil
anomalies generated last year, the largest of which defined a
roughly linear northeast trending, greater than 20 ppb gold
anomaly, at least 1,000 metres long and up to 500 metres wide. This
anomaly remains open to the northeast and southwest. Within this
anomaly, 16 samples ran greater than 50 ppb gold and 6 samples ran
better than 100 ppb gold with the highest sample running 470 ppb
gold (see news release dated October 13, 2010).
The "L" block consists of 777 claims with an area of 16,250
hectares. The properties were staked on the basis of historic
sampling conducted by Archer Cathro & Associates (1981)
Limited. Central has the right to earn a 100% interest in the
properties from Strategic Metals Ltd.
The 2011 field work will be carried out by Archer Cathro and
Associates (1981) Limited and will be supervised by Heather Smith,
P. Geo. Ms. Smith is responsible for all aspects of the work
including the quality control/quality assurance program.
Paul Reynolds, P. Geo., President of Central and a qualified
person as defined by National Instrument 43-101 has reviewed and
approved the technical disclosure made in this press release.
About Central Resources
Central Resources Corp. is a junior mineral exploration company
created to leverage the extensive knowledge and experience of a
dedicated group of financial and resource industry professionals.
The Company has acquired options on several highly prospective
mineral properties in the Yukon and British Columbia and continues
to pursue additional opportunities to build shareholder value.
This news release contains forward-looking information, which
involves known and unknown risks, uncertainties and other factors
that may cause actual events to differ materially from current
expectation. Important factors - including the availability of
funds, the results of financing efforts, the results of exploration
activities - that could cause actual results to differ materially
from the Company's expectations are disclosed in the Company's
documents filed from time to time on SEDAR (see www.sedar.com).
Readers are cautioned not to place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. The company disclaims any intention or obligation,
except to the extent required by law, to update or revise any
forward-looking statements, whether as a result of new information,
future events or otherwise.
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: Central Resources Corp. Paul Reynolds President and
CEO 604-630-3730 info@centralres.ca www.centralres.ca Strike
Communications Inc. James Berard 604-687-2768 or 1-877-459-5507
james@strike-ir.com
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