VANCOUVER, Nov. 15 /CNW/ - Network Exploration Ltd. (the "Company")
(TSX.V: NET) is pleased to announce that Pistala's Phase I Exploration Program
is scheduled to commence December 4th, 2007.
Phase I will consist of a series of detailed mapping, soil, and rock
sampling, designed to obtain a general understanding of the geological
features at Pistala. Approximately 100 samples will be taken from the property
from selected outcrops and anomalies targeted by senior geologist Mr. Marco
Fernandez-Concha. Data from Phase I will help define targets for subsequent
trenching, test pit, and drilling phases of exploration.
The Pistala project is a 1600 hectare copper prospect located east of the
major NW-SE trending Incapquio fault system in Southern Peru. It inhabits the
same metallogenic belt region as other world class deposits, of which include
the Cuajone, Cerro Verde/Santa Rosa, and Topuepala mines. These mines are
actively mining copper at grades ranging from 0.3% to 0.74% and lie within the
same cretaceous group of rocks as the Pistala property.
Network Exploration Ltd. is a mineral exploration Company committed to
building shareholder value through the acquisition of base and precious metal
properties in North and South America. For additional information, please
contact Cristina Bittante, Corporate Communications, at 604-638-7363 (toll
free 866-637-5138) or visit the Company's website: www.networkexploration.com.
ON BEHALF OF THE BOARD OF DIRECTORS
Forward looking Statements. This news release has been prepared by
management. This document contains certain forward looking statements which
involve known and unknown risks, delays, and uncertainties not under the
Company's control which may cause actual results, performance or achievements
of the Company to be materially different from the results, performance or
achievements implied by these forward looking statements.
THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE. This news release contains certain "Forward-Looking Statements"
within the meaning of Section 21E of the United States Securities Exchange Act
of 1934, as amended. All statements, other than statements of historical fact,
included herein are forward-looking statements that involve various risks and
uncertainties. There can be no assurance that such statements will prove to be
accurate, and actual results and future events could differ materially from
those anticipated in such statements. Important factors that could cause
actual results to differ materially from the Company's expectations are
disclosed in the Company's documents filed from time to time with the British
Columbia Securities Commission and the United States Securities & Exchange
For further information:
For further information: contact the company at (604) 638-7363 (toll
free (866) 637-5138) or visit the Company's website: