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Gold/Mining/Energy : Mining News of Note

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To: LoneClone who wrote (41872)8/20/2009 5:30:20 PM
From: LoneClone  Read Replies (1) of 193918
 
Network to commence work program in Yukon
Thu Aug 20, 8:45 AM

ca.news.finance.yahoo.com

VANCOUVER, Aug. 20 /CNW/ - Network Exploration Ltd. (the "Company") (TSX.V: NET) is pleased to announce the commencement of its first phase of field work at the Company's Yukon Territory lode Quartz mineral claims.

Network Exploration will begin its first phase of exploration at the Yukon property whereby it will conduct a geologic mapping and sampling program of the Company's mineral claims. The claims are located directly east of the Underworld Resources Inc. 169 square km White Gold property where Underworld continues to explore sediment and vein-hosted gold targets after its recently announced gold discoveries.

Network Exploration Ltd. is a mineral exploration Company committed to building shareholder value through the acquisition of base and precious metal properties in North and South America. For additional information, contact the company at 604 638-7363 (toll free 866 637-5138) or visit the Company's website: www.networkexploration.com.


ON BEHALF OF THE BOARD OF DIRECTORS

"Alexander Helmel"
President


Forward looking Statements. This news release has been prepared by management. This document contains certain forward looking statements which involve known and unknown risks, delays, and uncertainties not under the Company's control which may cause actual results, performance or achievements of the Company to be materially different from the results, performance or achievements implied by these forward looking statements.


THE TSX VENTURE EXCHANGE HAS NOT YET REVIEWED AND DOES NOT TAKE
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS
RELEASE.


This news release contains certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's expectations are disclosed in the Company's documents filed from time to time with the British Columbia Securities Commission and the United States Securities & Exchange Commission.

Contacts

Network Exploration Ltd.
(604) 638-7363
toll-free 1-866-637-5138
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