RR - I asume this is nothing
CMKM Diamonds, Inc. Announces Preliminary Results from Goldak Airborne Magnetic Survey of Saskatoon, Saskatchewan
LAS VEGAS -- (Business Wire) -- June 24, 2004
CMKM Diamonds, Inc. (Pink Sheets:CMKX) announced today
it has just received preliminary results from the airborne magnetic
survey recently completed by Goldak Airborne Surveys of Saskatoon,
Saskatchewan. The survey was conducted during April, May and June 2004
using Goldak's Navaho aircraft equipped with a trimaxial magnetic
gradiometer.
¶ By employing this modern, state of the art geophysical equipment
and flying a low-level, closely spaced survey, hundreds of magnetic
anomalies were able to be identified. Some of these anomalies are
obvious drill targets, while others will need further study by the
Company's consultants.
¶ Urban Casavant, president of the CMKM Diamonds, Inc., stated, "The
company is very pleased with the results of the survey. For the first
time in the history of diamond exploration in the Fort a' la Corne
area, a complete and comprehensive magnetic picture of the whole area
is available to the company."
¶ The company intends to immediately pursue the most obvious targets
by drill testing as soon as permitting and logistics allow. There are
now more than enough targets to allow CMKX to drill continuously. On a
final note, Urban Casavant stated, "These hundreds of anomalies have
been filtered for elimination of farm equipment and steel buildings as
a probable cause for such an impressive count of anomalies."
¶ Safe Harbor Statement under the Private Securities Litigation
Reform Act of 1995: The statements, other than the statements of
historical facts, contained in this release which are not historical
facts, may be deemed to contain forward-looking statements with
respect to events, the occurrence of which involves risk and
uncertainties, including, without limitation, demand and competition
for the company's products and services, the availability to the
company of adequate financing to support its anticipated activities,
the ability of the company to generate cash flow from operations and
the ability of the company to manage its operations.
Contacts:
Diamonds Hotline
Melvin O'Neil, 306-752-3755 or 877-752-3755
fax: 306-752-3754
ipr@sasktel.net |
