VANCOUVER, Sept. 28 /CNW/ - (TSX.V: ARO) Les Kjosness, President & CEO, is pleased to announce a 1,000 metres (3,300foot), diamond drilling program will commence today at its flagship Waverley-Tangier, silver/lead/zinc property, located approximately 50 kms north of Revelstoke, BC. The Company has planned 10-12 short holes to be completed on the Tangier workings.
According to a NI43-101 Technical Report prepared by James Turner, P. Geo in February 2009 (posted on our website), the Tangier workings contain veins and replacement bodies of high grade gold, silver, lead and zinc mineralization.
Historical production from the property includes a GSC report dated 1928 which stated "that 15 tons of sulphide "ore", shipped to Wales in early days, contained 50g/t (1.50opt) gold, 4290g/t (130opt) silver, and 25 per cent lead per ton."
Part of the Company's 2009 $620,000 exploration and development program, includes compilation of data including detailed mapping & sampling, ground geophysics and an airborne EM-Mag survey.
On behalf of the Board,
President and Director
The Company's exploration program is under the supervision of David W. Rennie, P. Eng., and a Qualified Person under National Instrument 43-101. Mr. Rennie is a Director of Armadillo Resources Ltd.
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 release. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.
SOURCE ARMADILLO RESOURCES LTD.
For further information: For further information: Les Kjosness: (604) 681-8222; Kirsti Mattson: (604) 202-2484 media