QUEBEC CITY, May 30, 2011 /CNW Telbec/ - Conway Resources Inc. ("Conway"
or the "Corporation") (TSXV: CWY) is pleased to announce that it has
receive the certificate of authorization for development work at the
Belleterre mining project from Quebec's Ministry of Sustainable
Development, Environment and Parks. The Corporation will start
construction of the surface facilities this week, beginning with
clearing activities and excavation of the holding ponds.
The work described in the application includes using Shaft No. 1 to
dewater the mine to a depth of about 300 metres, excavation of a
1,429-metre ramp from surface down to mine level 750, rehabilitation of
drifts and crosscuts accessible from the shaft, excavation of 2,000
metres of drifts and crosscuts along with about 20 drill bays, diamond
drilling, and extraction of a 10,000-tonne bulk sample from Vein 14
and/or Vein 16 and/or some other structure identified by drilling.
This work will enable the Corporation to delineate the reserves and
resources, confirm the expected grades and test the continuity of the
mineralized zones, as a prelude to putting the Belleterre Mine into
Claude Perreault, Ing, President of Experts Conseils Miniers U/G inc.
and a qualified person under NI 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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