Symbol: CNG - TSX.V
VANCOUVER, Jan. 3 /CNW/ - Canadian Mining Company Inc. is pleased to
report that Skyline Assayers and Laboratories of Tucson, Arizona have
completed the analysis of 992 soil samples collected from the Company's
4000 acre Bullard Pass property. After Quality Control samples were removed
from the database the remaining 915 samples from the grid were assigned
coordinates, anomalous thresholds were calculated, and map generation is
proceeding. Approximately 30% of the gold results for the grid samples are
The Company has been active in Arizona since 1997 and has acquired a 100%
interest in a precious metals processing plant in Aguila, Arizona. The plant
is in the immediate vicinity of the Company's Bullard Pass project. The
facility encompasses 12 acres of rail and highway accessible industrial
property which is permitted, serviced and has additional water capacity to
meet future production requirements.
Canadian Mining is a diverse company holding excellent prospects in both
precious metals and industrial minerals. The Bullard Pass gold project in
Arizona is successfully moving forward and more detailed surveys of the
anomalies will be conducted to generate drill targets. Our zeolite properties
in British Columbia yield recurrent cash flow and future growth possibilities
as zeolite increasingly becomes a material of choice in a wide range of vital,
industrial and environmental applications.
The Company will report progress as it becomes available.
On behalf of the Board
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.
For further information:
For further information: Mr. Ray Paquette, (604) 684-3301