International Samuel Exploration Corp. - Reed Lake Drill Permits Issued
VANCOUVER, March 8 /CNW/ - International Samuel Exploration Corp. (ISS: TSX-V) ("Company") is pleased to announce they have been issued a drill permit for the Reed Lake Project in Manitoba.
Two top priority conductive targets were identified using Crone Geophysics' Large Loop Time Domain EM system. This is the same system used in 2007 by HudBay Minerals to discover the Lalor Lake deposit at a depth of approximately 800 meters.
As a result of this new survey data, up to 1500 metres of drilling is being planned to estimated depths of 200-400 metres.
The Reed Lake Project is strategically located around the VMS Ventures Inc. base-metal discovery in the historic and highly prolific Flin Flon mining camp. The Flin Flon camp is noted for more than 27 significant mineral deposits continuously discovered over the past 75 years. The most recent discovery is HudBay's Lalor Lake property, with 20 million tonnes of 8.8 per cent zinc.
The technical information in this new release has been reviewed by Derrick Strickland, P.Geo., the qualified person, Vice-President of Exploration and a Director of International Samuel Exploration Corp.
ON BEHALF OF THE BOARD OF DIRECTORS Conrad Swanson President
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of the content of this news release.
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For further information: International Samuel Exploration Corp., Telephone: (604) 718-5454, Toll Free: (888) 500-4587, Email: [email protected]
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