Symbol: CNG - TSX.V
VANCOUVER, Jan. 18 /CNW/ - Canadian Mining Company Inc. is pleased to
report analysis of the Phase 1 soil geochemistry results on the Bullard Pass
property is now successfully completed with gold, copper and a number of
elemental anomaly maps plotted and interpreted. Numerous multi-element
anomalies have been delineated.
Canadian Mining's qualified person Dr. Pat O'Hara has chosen three of the
anomalous areas to be sampled on a tighter grid during the Phase 2 soil
geochemical program commencing in early February 2008. Using a
200' x 200'(60 m x 60 m) grid for the soil geo-chemistry, Dr. O'Hara's crew
will collect a total of 950 samples on three specific areas of the property.
Once the Phase 2 analytical results are received and elemental variables
mapped and interpreted, potential drill targets will be selected by mid-March
The Company is conducting its exploration program based on the
detachment-fault related model for precious and base metal mineralization as
it relates to its Bullard Pass Project. While a range of minerals may be
present in detachment faults, Canadian Mining Company Inc. has elected to
concentrate on gold-copper oxide mineralization.
Canadian Mining Company Inc. aims to discover large-tonnage gold deposits
along upper plate structures, or at intersections between these structures
using the detachment fault mineralization model.
Canadian Mining is a diverse company holding excellent prospects in both
precious metals and industrial minerals.
The Company will report progress as it becomes available.
On behalf of the Board
The TSX Venture Exchange has not reviewed and does not accept
responsibility for the adequacy or accuracy of this release.
For further information:
For further information: Mr. Ray Paquette, (604) 684-3301; Please see
our web site for additional details: www.canadianmining.ca