QUEBEC CITY, Nov. 16, 2011 /CNW Telbec/ - Conway Resources Inc.
("Conway" or the "Corporation") (TSXV: CWY) is pleased to report that
stripping and channel sampling is underway on the Belleterre mine
The main target is a vein more than 240 metres long with very similar
geological features to Vein 12. The Corporation will also strip and
channel sample another potential vein, as well as five geophysical
targets that returned values of 0.82 g/t Au to 12.38 g/t Au in the last
Francois Kalos, President and Chief Executive Office of Conway
Resources, said that: "Stripping work at Belleterre will allow us to
carefully prepare for our next drilling program on the property,
scheduled for the winter of 2011. We have identified two large veins on
surface containing grey quartz, the primary mineral associated with the
gold on the Belleterre property, which makes these prime targets. The
results of our geophysics and sampling program also point to five other
areas for exploration. As we have mentioned before, there has not been
much exploration work done on the Belleterre Mine property using
The fall sampling program resulted in the collection of samples from 62
of the 194 geophysical targets identified, with some 50 targets
returning no results. Many other targets could not be tested due to
access issues, and will be sampled during the next sampling program,
planned for 2012.
Alain Tremblay, Eng.-Geol., a consultant for Conway and a qualified
person under NI 43-101, has reviewed the contents of this press
About Conway Resources Inc.
Conway is a mining exploration corporation that owns four gold
properties and one rare metals property in Quebec. Its main asset is
the Belleterre Mine property. The property is the site of the old
Belleterre mine, which produced over 800,000 ounces of gold between
1936 and 1959. A total of 2.18 million tonnes of ore at an average
grade of 10.73 g/t Au were extracted from the mine, primarily from vein
12 (95% of production). Earlier reports indicate the presence of at
least 21 veins on the property.
More information can be found on Conway's website at www.ressources-conway.com.
This press release contains certain forward-looking statements that
might involve uncertainty, time frames, and/or known and unknown risks
beyond the Corporation's control. The Corporation's actual results,
performance and achievements may differ materially from the results,
performance and achievements implied by such forward-looking
Neither the TSX Venture Exchange Inc. nor its Regulation Services
Provider (as that term is defined in the policies of the TSX Venture
Exchange Inc.) accepts responsibility for the adequacy or accuracy of
this press release.
SOURCE CONWAY RESOURCES INC.
For further information:
Conway Resources Inc.
President and CEO