QUEBEC CITY, May 26, 2011 /CNW Telbec/ - Conway Resources Inc. ("Conway"
or the "Corporation") (TSXV: CWY) is pleased to announce the start of
exploration work on the 72 geophysical targets (induced polarization)
covering 100% of the Belleterre Mine property, with the Corporation
adding eight new targets to the 64 targets identified earlier. The work
will begin on May 30, and will be carried out by a team of geologists
over a period of about four months. The goal is to identify the best
drill targets in preparation for the next drilling program, scheduled
for the fall of 2011.
Laurent Beaudoin, President and Chief Executive Officer of Conway, said
that: "This program will enable us to conduct systematic exploration
over the entire property, and to maximize the chances of discovery of
our next drilling program. A preliminary assessment of the geophysical
targets leads us to believe that there are four new gold-bearing
structures, which would substantially enhance the property's gold
potential. It should also be noted that previous owners never did
systematic work of this sort on the Belleterre Mine property, including
Alain Tremblay, Eng.-Geo., a consultant for Conway and a qualified
person under National Instrument 43-101, has reviewed the contents of
this press release.
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.
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