Symbol: CNG - TSX.V
VANCOUVER, Aug. 18 /CNW/ - Mr. Ray Paquette is pleased to announce that
following the successful identification of several significant anomalous zones
on Canadian Mining's (the "Company's") San Bernardo project located in the
Alamos Mining district of Sonora, Mexico the Company is now negotiating to
initiate the drill exploration program as recommended by SJ Geophysics' June
2009 report. The details and terms will be announced when finalized.
In other news, Canadian Mining's US subsidiary (Canadian Mining of
Arizona Inc.) completed a NI 43-101 report on the Company's 4000 acre Bullard
Pass gold project. The report identified 3 large anomalous areas. The
Company's US qualified person Dr. Pat O'Hara has recommended a 5000' drill
program to determine the depth of mineralization. Canadian Mining aims to
discover large tonnage gold deposits along upper plate structures or at
intersections between these structures using the detachment fault
mineralization model. Dr. O'Hara will begin the permitting and bidding process
for the drill program in September 2009.
Canadian Mining has made major progress on both its Mexican and Arizona
projects and looks forward to the drilling phase.
Canadian Mining is a well-diversified company with stable management and
an excellent potential for growth. The Company is engaged in the exploration
and development of precious and base metals in the Alamos Mining District in
Sonora, Mexico, the Bullard Mining District in Arizona and the exploration,
development and production of industrial minerals in Canada.
On behalf of the Board
Ray Paquette CEO
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.
For further information:
For further information: please visit www.canadianmining.ca