Patrician Diamonds Inc.: Sahtu Drilling Continues, Options Granted
CCNMatthews
OTTAWA, ONTARIO--(CCNMatthews - July 31, 2006) - Patrician Diamonds Inc. ("Patrician")(TSX VENTURE:PXC) announced today that drilling on its Sahtu, NT property continues and is now expected to be completed by the middle of August.
Patrician has hired Bay Street Connect to assist with its investor relations, and that, subject to the approval of the TSX-Venture Exchange, Gus Garisto, Bay Street's principal, has been granted 200,000 stock options to purchase 200,000 common shares at an exercise price of $0.16 to 01 August 2008.
Paul Pitman, P.Geo., is Vice President of Exploration for Patrician Diamonds Inc. and is a Qualified Person as defined by National Instrument 43-101.
Patrician is an exploration stage junior mining company focused on identification, acquisition and evaluation of diamond- prospective mineral properties in Canada.
For maps and additional information about property location and technical details, please visit Patrician's web site at www.patriciandiamonds.com
This Press Release may contain forward looking statements that may involve a number of risks and uncertainties. Actual events or results could differ materially from the Company's expectations and projections. The TSX Venture Exchange has not approved or disapproved of the information contained in this Press Release."
FOR FURTHER INFORMATION PLEASE CONTACT:
Patrician Diamonds Inc.
Robin B. Dow, CEO Ottawa, ON
1 (888) 834-7708
robin@dowgroup.ca
or
Bay Street Connect
Gus Garisto, Investor Relations
(416) 607-6023
gus@baystreetconnect.com |
