Symbol "AKV": TSX Venture Exchange
VANCOUVER, Sept. 13 /PRNewswire-FirstCall/ - Acrex Ventures
Ltd. ("Acrex") is pleased to announce diamond drilling has
commenced on its Spanish Mountain gold property, located near
Likely, British Columbia. Acrex
has contracted Atlas Drilling Ltd. of Kamloops for the completion of up to 1,500
metres of drilling.
The program is being carried out on Acrex's West Block claims
where soil sampling outlined a 1200 metre long by 400 metre wide
zone of greater than 100 ppb gold in soils, including isolated
values to 1000 ppb (see Acrex News Release dated August 23, 2010). This zone extends from Spanish
Mountain Gold's (SPA) main zone northwestward across the Acrex
Property to Tiex Inc.'s nearby gold discovery. Acrex's airborne
geophysical survey shows that an electromagnetic (EM) anomaly
coincides with the identified strong gold-in-soil zone. All of the
September 2010 drilling is designed
to test this targeted trend.
Acrex is conducting core logging and sampling at a facility
located in Likely, BC. Samples
will be shipped to a laboratory in Vancouver for analysis. All work will be
completed under the supervision of Perry
Grunenberg P.Geo, PBG Geoscience, of Kamloops, BC. Mr. Grunenberg is the Company's
supervisor for the Spanish Mountain Project and "Qualified Person"
for the purpose of National Instrument 43-101.
Mr. Malcolm Powell, President of
Acrex, states that "We're anxious to get back to drilling on the
Spanish Mountain property. The recent soil geochemical sampling has
produced some very positive results, and combined with the airborne
geophysics, has outlined very interesting targets for follow-up
drilling. With approximately $1.4
million in the treasury, Acrex is well funded for continued
work on its properties, including the Spanish Mountain property
2010 drilling program."
ACREX VENTURES LTD.
T.J. Malcolm Powell,
President
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 News Release.
SOURCE Acrex Ventures Ltd.
Copyright . 13 PR Newswire