Symbol: CNG - TSX.V
VANCOUVER, Nov. 16, 2011 /CNW/ - Canadian Mining Company Inc. (TSX.V: CNG) The Company is pleased to report the Ministry of Energy
and Mines has acknowledged receipt of the Company's Notice of Work and
Reclamation Program to be conducted on its Sun Group Zeolite Project,
Princeton BC. The Ministry has now referred the Company's Exploration
Drill Program to other resource agencies and the area First Nations for
As a condition of the permit, Canadian Mining will post a security
deposit and provide the Ministry with a Mine Emergency Response Plan.
This plan, which includes the name of the designated Mine Manager, will
be posted at the drill sites at all times. All employees will be
advised and trained in the use of this plan. Mr. Ron Schneider has
been appointed to act as Mine Manager of the Sun Group Zeolite Project
on behalf of the Company.
The Sun Group Zeolite Project positions Canadian Mining as a supplier
for the expanding Canadian and global zeolite markets. Canadian Mining
has been receiving an increasing number of inquiries for its zeolite.
In addition to lightweight cement applications, buyers are interested
in CNG's zeolite for water filtration, agricultural, soil remediation,
automotive, fire safety, livestock, hydrogen fuel cells and other
applications. Perhaps the most compelling use of CNG's zeolites will be
in a potential method to reduce carbon emissions at the Alberta Tar
Canadian Mining's zeolite from its Bromley Creek zeolite mine has
already found its way into the oil patch albeit not yet to the tar
sands. Under an option with Heemskirk Canada Ltd, Heemskirk supplies
industrial giant Halliburton with micronized zeolite to mix a light
weight drill hole cement, that works better and is more consistent over
a wide range of field conditions. The option with Heemskirk is in
effect to June 30, 2015 and pays Canadian Mining a royalty of $7.50 per
tonne on zeolite sold from the mine.
Canadian Mining's zeolite diversifies the Company beyond its precious
and base metal holdings. With ever-increasing zeolite markets for
green technologies and industrial demands a high quality zeolite
resource is required. The Sun Group Zeolite Project has had sufficient
work to identify a large high-quality zeolite deposit. The drill
permitting process Canadian Mining is now completing will advance this
project to 43-101 standards.
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:
contact Mr. Ray Paquette 604.684.3301