CALGARY, Jan. 7 /CNW/ - Mr. David L. Gibson, President of Warrior Ventures Inc. (the "Company") announced today plans for the ongoing development of the Company's main property interest, the McNeil Gold Prospect. Following past field exploration campaigns, and the receipt of the November 2009 43-101 report, Warrior is now proceeding to the next stage of its field programs and related financing.
Given the significant amount of historical information available on the properties, the Company, since its inception, has focused on confirming prior results, and establishing targets for systematic evaluation at surface and at depth. The Company is pleased with the results to date, and Mr Gibson stated "... that the planned field work is designed to test internal hypotheses of mineralization and geological controls consistent with neighbouring and prolific gold mining operations."
In connection with this effort, the Company has engaged Delta-Y Capital Corporation of Calgary, Alberta, to secure the required funding and to advise on all financial related matters. Warrior Ventures Inc. is currently a private Canadian corporation.
About Warrior Ventures Inc.
Warrior Ventures Inc.'s main property interest is known as the McNeil Gold Prospect, which consists of 256 contiguous mining claim units totalling approximately 4100 hectares. It is strategically located along the prolific "Montreal River Fault" within the famous "Abitibi Greenstone Belt", 65 kilometres south-east of Timmins, Ontario, and 25 kilometres north-west of Matachewan, Ontario. The Company holds a 100% interest in the claims and is working towards developing mining opportunities within the area.
Statements Regarding Forward-Looking Information: Some statements contained in this News Release are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 and other applicable securities laws. Investors are cautioned that forward looking Statements are inherently uncertain and involve risks and uncertainties that could cause Actual results to differ materially. Such statements include comments regarding expressions over past results, future results and assessments over work programs. There can be no assurance that future Developments, affecting the Company, will be those anticipated by management. The Company Disclaims any obligation to update or revise any of the forward-looking statements in this news Release except as required by law.
SOURCE WARRIOR VENTURES INC.
For further information: For further information: Warrior Ventures Inc.: David Gibson - President & CEO, (403) 461-9325, firstname.lastname@example.org; Tim Taylor - Investor Relations, (403) 470-3937, email@example.com