Another ZEN-V satellite player - Caribou King (CKR-V) acquires Nexen graphite claims
July 29, 2013 - News Release
Caribou King Resources Ltd. has staked claims near the Albany graphite deposit that is presently under advanced exploration by Zenyatta Ventures Ltd. Zenyatta recently announced several significant intersections of graphite mineralization, including five holes with 146 metres of 5.2 per cent graphitic carbon, 177 m of 5.3 per cent Cg, 186 metres of 4.9 per cent Cg and 125 m of 4.6 per cent Cg, respectively (see Zenyatta Ventures news release dated July 2, 2013). The Nezen claims are contiguous, covering an area of 256 hectares (632.6 acres), and adjoin the northeastern boundary of the Albany graphite property. A historic aeromagnetic low on the Nezen claims is similar to magnetic lows on the eastern portion of the Albany property (Geological Survey of Canada, Limestone Rapids airborne magnetic survey, map 3913G). The magnetic low will be investigated through reconnaissance prospecting and sampling that is planned to take place in the coming weeks.
The technical contents of this release were approved by Dr. Tom E. McCandless, PGeo, a qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Dr. McCandless has not verified the technical data disclosed in this release. |
