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Post by Franko10 ™ on Jan 28, 2005 22:26:43 GMT -5
Casavant Mining Kimberlite International OTC BB CMKI Chairman Announces Mineral Claim Acquisitions
Business Wire, Nov 27, 2002
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Nov. 27, 2002
Formerly Cyber Mark International Corp. (OTCBB:CMKI)--Chairman Urban Casavant announced today that there are approximately eight (8) acquisitions of which all conclusive there is 1.9 million acres of mining claims which have been secured by CMKI in the world famous kimberlite area in the province of Saskatchewan, Canada, known as Fort a la Corne.
Chairman Casavant stated, "Our mining claims surround the approximate 58,000 acres of Kensington & De Beers. Recently De Beers purchased themselves back private, for a stock purchase price of 17+ Billion USD. It is a well known rumor in the area that De Beers tremendous expense of both time and money to go back private is a solid indication of the tremendous diamond wealth of the Fort a la Corne diamondnifrous kimberlites." Chairman Casavant continued by saying, "We have not assessed the "Real Value" of the 1.9 million acres currently under our control. It is also believed that De Beers may have mines on there smaller parcel valued as much as $40 Billion USD to $80 Billion USD. Although there are no guarantees that the companies mineral yields will produce any such amounts-the likelihood definitely exists."
Chairman Casavant went on to say, "If these projections are even remotely close, which we have reason to believe may very well be the case, then with the massive land coverage we have spent the last several years to tie-up at considerable expense, it only makes a whole lot of sense that the mines which may be discovered on our much larger properties will be a real force to reckon within the world of Diamonds. The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of it's surrounding competitors."
"With regard to our existing board of directors," Chairman Casavant stated, "Make no mistake, we are currently interviewing worldwide notables to fill the remaining directors positions. In addition, we have commenced with organizing an executive board of directors in an effort to add credence and credibility to the existing board."
Chairman Casavant is also proud to announce the appointment of world renowned economist, Mr. Mike King to the Executive Board. Mike King has written many analyst reports on several different mining companies in Canada, more specifically diamond mining companies, including the famous Mountain Province Mining Company. He is currently in the process of constructing a business plan for our core business, created as a result of all the drilling and excavation to be done.
With the infrastructure already in place i.e. roads, utilities, readily available manpower and other resources necessary for mining the diamonds, our company is fiercely competitive on a year-a-round production basis.
CMKI's geophysist has indicated that the quantity of diamonds in the Fort a la Corne area is expected range from 1.76 to 4.90 carats per ton.
Chairman Casavant further stated, "Upon completion of the business plan our auditors will prepare our proformas and forecast to be announced," and concluded by saying, "Our mining costs and specific drilling sites are confidential, as a measure of security to protect our shareholders interest. We are well aware that our costs are far below that of any of our competitors, therefore one thing for certain is that the potential yield from these mining claims and it's profitability may be very exciting."
FORWARD LOOKING STATEMENTS
This Press Release contains "forward looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this Press Release other than the statements of historical fact are "forward looking" statements. Although Management believes that the expectations reflecting in these forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward looking statements contained in this Press Release.
COPYRIGHT 2002 Business Wire
COPYRIGHT 2002 Gale Group
Business Wire, Nov 27, 2002
Business Editors
LAS VEGAS--(BUSINESS WIRE)--Nov. 27, 2002
Formerly Cyber Mark International Corp. (OTCBB:CMKI)--Chairman Urban Casavant announced today that there are approximately eight (8) acquisitions of which all conclusive there is 1.9 million acres of mining claims which have been secured by CMKI in the world famous kimberlite area in the province of Saskatchewan, Canada, known as Fort a la Corne.
Chairman Casavant stated, "Our mining claims surround the approximate 58,000 acres of Kensington & De Beers. Recently De Beers purchased themselves back private, for a stock purchase price of 17+ Billion USD. It is a well known rumor in the area that De Beers tremendous expense of both time and money to go back private is a solid indication of the tremendous diamond wealth of the Fort a la Corne diamondnifrous kimberlites." Chairman Casavant continued by saying, "We have not assessed the "Real Value" of the 1.9 million acres currently under our control. It is also believed that De Beers may have mines on there smaller parcel valued as much as $40 Billion USD to $80 Billion USD. Although there are no guarantees that the companies mineral yields will produce any such amounts-the likelihood definitely exists."
Chairman Casavant went on to say, "If these projections are even remotely close, which we have reason to believe may very well be the case, then with the massive land coverage we have spent the last several years to tie-up at considerable expense, it only makes a whole lot of sense that the mines which may be discovered on our much larger properties will be a real force to reckon within the world of Diamonds. The Fort a la Corne area could very well be the most important diamond discovery of the century. CMKI has strategically planned more staked acreage than any of it's surrounding competitors."
"With regard to our existing board of directors," Chairman Casavant stated, "Make no mistake, we are currently interviewing worldwide notables to fill the remaining directors positions. In addition, we have commenced with organizing an executive board of directors in an effort to add credence and credibility to the existing board."
Chairman Casavant is also proud to announce the appointment of world renowned economist, Mr. Mike King to the Executive Board. Mike King has written many analyst reports on several different mining companies in Canada, more specifically diamond mining companies, including the famous Mountain Province Mining Company. He is currently in the process of constructing a business plan for our core business, created as a result of all the drilling and excavation to be done.
With the infrastructure already in place i.e. roads, utilities, readily available manpower and other resources necessary for mining the diamonds, our company is fiercely competitive on a year-a-round production basis.
CMKI's geophysist has indicated that the quantity of diamonds in the Fort a la Corne area is expected range from 1.76 to 4.90 carats per ton.
Chairman Casavant further stated, "Upon completion of the business plan our auditors will prepare our proformas and forecast to be announced," and concluded by saying, "Our mining costs and specific drilling sites are confidential, as a measure of security to protect our shareholders interest. We are well aware that our costs are far below that of any of our competitors, therefore one thing for certain is that the potential yield from these mining claims and it's profitability may be very exciting."
FORWARD LOOKING STATEMENTS
This Press Release contains "forward looking" statements as that term is defined by Section 27A of the Securities Act of 1933, as amended, (the "Securities Act") and Section 21E of the Securities Exchange Act of 1934, as amended, (the "Exchange Act"). All statements that are included in this Press Release other than the statements of historical fact are "forward looking" statements. Although Management believes that the expectations reflecting in these forward looking statements are reasonable, it can give no assurance that such expectations will prove to have been correct. Important factors could cause actual results to differ materially from the expectations as disclosed herein, including without limitation, in conjunction with these forward looking statements contained in this Press Release.
COPYRIGHT 2002 Business Wire
COPYRIGHT 2002 Gale Group
