Bearing Resources Commences Drilling At The October Dome Gold Project, British Columbia
Resource from: Bearing Resources Ltd. Likes:137
Aug 29,2012
Bearing Resources Ltd. ("Bearing", or the "Company") (TSX-V Symbol BRZ.V) is pleased to announce the commencement of drilling at the Company's October Dome gold project in British Columbia, Canada.
The 100% owned October Dome property is located 6 kilometres west of the town of Likely in the Cariboo Mining Division of British Columbia. The October Dome gold project forms part of Bearing's larger landholdings in the area which are adjacent with both Imperial Metals Corporation's Mount Polley porphyry copper-gold mine property (10 kilometres to the south) and Barkerville Gold Mines Ltd.'s QR skarn gold mine property (7 kilometres to the northwest).
The 1,000 metre (5 hole) diamond drill program will target the southern end of a 4 kilometre long gold and copper soil anomaly coincident with an induced polarization ("IP") chargeability anomaly. The target area is extensively covered by overburden with limited bedrock exposure comprised of diorite and syenite intrusions and sediments. The drill program is expected to be completed in September.
Robert Cameron, P.Geo., who is a qualified person within the context of National Instrument 43-101, has read and takes responsibility for this news release. The October Dome Property is the subject of a 43-101 Technical Report filed on SEDAR, June 7, 2011.
About Bearing Resources
Bearing is a Canadian based precious and base metal exploration company with projects located in British Columbia, the Yukon and Mexico. Bearing is exploring at the ~40,000 hectares Mapimi gold-silver project located in the Altiplano Region of eastern Durango, Mexico. Bearing has an option to earn up to a 65% interest in the 12,113 hectare Zymo copper-gold project ("Zymo"), located 45 kilometres west from the town of Smithers, British Columbia. The Company's Mount Polley and October Dome copper-gold projects are located in British Columbia near Imperial Metals Corporation's ("Imperial") Mt. Polley copper-gold mine and includes a production royalty on the Boundary property, with Imperial. In the Yukon, Ryan Gold Corp. has been granted a right to earn up to 75% interest in Bearing's Flume property located within the White Gold District.
BEARING RESOURCES LTD.
"Geoff Chater"
Geoff Chater President & CEO
For further information please visit Bearing's website at www.bearingresources.ca or contact either Geoff Chater at (604) 614-7830 (gchater@bearingresources.ca) or Paul Reinhart at (604) 488-4907 (preinhart@bearingresources.ca)
This news release includes certain "forward-looking statements" under applicable Canadian securities legislation. Such forward-looking statements or information, including but not limited to, those with respect to estimated exploration programs, involve known and unknown risks, uncertainties, and other factors which may cause the actual results, performance or achievements of Bearing to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such factors include, among others, the actual prices of commodities, the factual results of current exploration, development and mining activities, changes in project parameters as plans continue to be evaluated, as well as those factors disclosed in documents filed from time to time with the securities regulators in the applicable Provinces of British Columbia and Alberta. 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.
(Bearing Resources Ltd.)
【CBCC News Statement】
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
3.For investors,please be cautious for all news.We don't bear any damage brought by late and inaccurate news.
4.If the news we published involves copyright of yours,just let us know.
Previous MISUMI Group Published Monthly Sales Figures (Consolidated) July 2012
Next Field Fastener named one of country's fastest growing companies
Next Field Fastener named one of country's fastest growing companies
BRIEF INTRODUCTION
Cnbearing is the No.1 bearing inquiry system and information service in China, dedicated to helping all bearing users and sellers throughout the world.
Cnbearing is supported by China National Bearing Industry Association, whose operation online is charged by China Bearing Unisun Tech. Co., Ltd.
China Bearing Unisun Tech. Co., Ltd owns all the rights. Since 2000, over 3,000 companies have been registered and enjoyed the company' s complete skillful service, which ranking many aspects in bearing industry at home and abroad with the most authority practical devices in China.
