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Post by Franko10 ™ on Sept 11, 2004 8:04:48 GMT -5
U.S. Canadian Minerals Inc. to Proceed with Sampling on Saskatchewan Drill Target
LAS VEGAS, Aug 6, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that its drilling partner, CMKM Diamonds Inc. (Pink Sheets: CMKX), has received all necessary drilling permits and surface exploration permits to mobilize its drilling equipment to a new site located approximately 5 miles northwest of Kensington-DeBeers Kimberlite 122 and 6.5 miles northwest of Shore Gold Inc.'s Star Diamond Project in the Forte a La Corne, Saskatchewan, area, where Shore Gold recently yielded a 19.71-carat diamond. The drill site partnership includes Shane Resources (SEIh.V), United Carina Resources Corp. (UCA.V) and Consolidated Pine Channel Gold Corp. (KPG.V). All the partners shall have representation at the drill site at the time of drilling.
The target was outlined by a geophysical method known as a Time-Domain Electro Magnetic Survey. This particular type of survey measures the resistively of rock. Such surveys have been very helpful in the discovery of kimberlites in the hac de Gras area of Canada.
Further details relative to this project will be forthcoming in future press releases and at www.uscanadian.com/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
SOURCE: U.S. Canadian Minerals Inc.
CONTACT: U.S. Canadian Minerals Inc.
Chris Hanneman, 303-220-8476
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-0-
KEYWORD: NEVADA INTERNATIONAL CANADA
INDUSTRY KEYWORD: MINING/METALS
LAS VEGAS, Aug 6, 2004 (BUSINESS WIRE) -- U.S. Canadian Minerals Inc. (OTCBB: UCAD) announced today that its drilling partner, CMKM Diamonds Inc. (Pink Sheets: CMKX), has received all necessary drilling permits and surface exploration permits to mobilize its drilling equipment to a new site located approximately 5 miles northwest of Kensington-DeBeers Kimberlite 122 and 6.5 miles northwest of Shore Gold Inc.'s Star Diamond Project in the Forte a La Corne, Saskatchewan, area, where Shore Gold recently yielded a 19.71-carat diamond. The drill site partnership includes Shane Resources (SEIh.V), United Carina Resources Corp. (UCA.V) and Consolidated Pine Channel Gold Corp. (KPG.V). All the partners shall have representation at the drill site at the time of drilling.
The target was outlined by a geophysical method known as a Time-Domain Electro Magnetic Survey. This particular type of survey measures the resistively of rock. Such surveys have been very helpful in the discovery of kimberlites in the hac de Gras area of Canada.
Further details relative to this project will be forthcoming in future press releases and at www.uscanadian.com/.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995:
Statements contained in this document which are not historical fact are forward-looking statements based upon management's current expectations that are subject to risks and uncertainties that could cause actual results to differ materially from those set forth in or implied by forward-looking statements.
SOURCE: U.S. Canadian Minerals Inc.
CONTACT: U.S. Canadian Minerals Inc.
Chris Hanneman, 303-220-8476
Customize your Business Wire news & multimedia to match your needs.
Get breaking news from companies and organizations worldwide.
Logon for FREE today at www.BusinessWire.com.
Copyright (C) 2004 Business Wire. All rights reserved.
-0-
KEYWORD: NEVADA INTERNATIONAL CANADA
INDUSTRY KEYWORD: MINING/METALS
