Symbol: CNG - TSX.V
VANCOUVER, April 19 /CNW/ - Mr. Ray Paquette CEO is pleased to announce
Canadian Mining (TSXV: CNG) is proceeding with underground mine
assessment at its El Gochico silver-zinc-lead mine located within the
Company's 27,000 acre San Bernardo Project in the prolific mining
district of Alamos, Sonora, Mexico.
Canadian Mining's project manager, Minerock Group along with a skarn
expert will conduct underground inspections of the adits, main haulage
and ventilation raises for future mine exploration programs. The
objective of this inspection is to prepare and ready the mine's
interior for drilling to identify and expand new resource potential.
With today's metal prices, it makes economical sense to focus on
conducting an underground mine exploration strategy.
During the 1980s Penoles successfully operated the El Gochico mine and
completed multi-millions of dollars of infrastructure including 10
kilometers of mine access road connecting the village of San Bernardo
to the mine adit, 3 kilometers of mine service roads, power
transmission lines, underground mine development, a 300,000 tonne
tailing pond, water storage and historical production reports. Canadian
Mining has inherited this substantial development. The Company will
proceed to evaluate the mine's tailing resource.
The expanded area of the El Gochico shows a favorable geological
environment for the formation of mineral deposits. There are good
possibilities of obtaining new mineral deposits in the 27,000 acres of
the Company's San Bernardo Project surrounding the mine. The full
43-101 Technical Report and Geophysical surveys can be viewed on the
Company's web site www.canadianmining.ca
On behalf of the Board
Ray Paquette CEO
Please see our web site for additional details: www.canadianmining.ca
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
SOURCE Canadian Mining Company Inc.
For further information:
Mr. Ray Paquette 604.684.3301