Canamex Resources (CSQ-V) stakes another 90 claims in Nevada
Aug 15, 2013 - News Release
Canamex Resources Corp. has staked a total of 90 additional unpatented lode mining claims to add to its land position at the Bruner gold project located in Nye county, Nevada. Sixty new claims were staked to cover the mineral rights over an attractive potential heap leach pad, pond and processing plant area on the west side of the property. The west side of the property faces the southwestern winter sun, is lower in elevation than the east side of the property by more than 500 vertical feet, and is closer to the NV Energy power transformer and take-off point for a distribution line located in Gabbs, Nevada. This location is ideal for all- weather heap leaching activities and construction of the shortest possible power distribution line to the property. In addition, 30 new unpatented lode mining claims were staked to cover open fractions that were identified by a detailed land status survey completed earlier in the year. These new claims covering open fractions secure the Company's mineral tenure over the gold deposits that are currently being explored by RC and diamond drilling.
The Bureau of Land Management claim maintenance fees have been paid for the 2013-2014 claim holding period on all of the unpatented lode mining claims on the property, including the newly staked claims. The Company's current land position at Bruner now covers approximately 6 square miles (roughly 15 square kilometers).
Canamex has completed new topographic mapping and aerial mapping of the property, including the newly acquired claims covering the potential heap leach and processing area, with topographic accuracy to 2-ft. contour intervals to allow for both detailed geologic mapping and preliminary site planning and engineering design.
"We are pleased to be moving the Bruner project forward towards establishing a maiden NI 43-101 mineral resource and formulating preliminary concepts regarding site layout for a preliminary economic assessment sometime in 2014," said President & COO Greg Hahn.
Greg Hahn, President & COO and a Certified Professional Geologist (#7122) is the Qualified Person under NI 43-101 responsible for preparing and reviewing the scientific and technical information contained in this press release.
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