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Post by Franko10 ™ on Jan 28, 2005 23:41:07 GMT -5
Casavant Mining Kimberlite International Announces Approximately 172,970 Acres Of Claims Added In Fort a la Corne
- BusinessWire
LAS VEGAS, Sep 24, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (OTC pink sheets: CMKM) is pleased to announce that the Company has successfully negotiated, an approximate, 172,970 acres of claims in Fort a la Corne, in addition to the claims already held by the Company.
The Company has completed this acquisition to further establish Casavant Mining Kimberlite International as a major player in the exploration of diamonds in Canada and in Fort a la Corne, in particular. The new claims are blocks, which are strategically located around claims, held by other operators with some of the largest known diamondiferous kimberlite in the world.
Casavant Mining is also increasing the original contract with Durama Enterprises Ltd., from $3,000,000 to $3,900,000, for their exploration and drilling contract which was previously awarded to them. The $900,000, of additional funding available, and incentive program of grants, from the government, will allow the Company to remain steadfast in their goals to develop the properties. Durama Enterprises Ltd. is expected to expand their workforce within the next few weeks to accommodate for the accelerated schedule planned.
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the Company.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
SOURCE: Casavant Mining Kimberlite International
Casavant Mining Kimberlite International
Diamonds Hotline:
Melvin O'Neil, 306-752-3755
Toll free in U.S./Canada: 877-752-3755
Fax: 306-752-3754
ipr@sasktel.net
www.businesswire.com
- BusinessWire
LAS VEGAS, Sep 24, 2003 (BUSINESS WIRE) -- Casavant Mining Kimberlite International (OTC pink sheets: CMKM) is pleased to announce that the Company has successfully negotiated, an approximate, 172,970 acres of claims in Fort a la Corne, in addition to the claims already held by the Company.
The Company has completed this acquisition to further establish Casavant Mining Kimberlite International as a major player in the exploration of diamonds in Canada and in Fort a la Corne, in particular. The new claims are blocks, which are strategically located around claims, held by other operators with some of the largest known diamondiferous kimberlite in the world.
Casavant Mining is also increasing the original contract with Durama Enterprises Ltd., from $3,000,000 to $3,900,000, for their exploration and drilling contract which was previously awarded to them. The $900,000, of additional funding available, and incentive program of grants, from the government, will allow the Company to remain steadfast in their goals to develop the properties. Durama Enterprises Ltd. is expected to expand their workforce within the next few weeks to accommodate for the accelerated schedule planned.
There is no guarantee that further exploration or drilling will produce any economic benefit to the company or the shareholders of the Company.
Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: The statements, other than the statements of historical facts, contained in this release which are not historical facts, may be deemed to contain forward-looking statements with respect to events, the occurrence of which involves risk and uncertainties, including, without limitation, demand and competition for the company's products and services, the availability to the company of adequate financing to support its anticipated activities, the ability of the company to generate cash flow from operations and the ability of the company to manage its operations.
SOURCE: Casavant Mining Kimberlite International
Casavant Mining Kimberlite International
Diamonds Hotline:
Melvin O'Neil, 306-752-3755
Toll free in U.S./Canada: 877-752-3755
Fax: 306-752-3754
ipr@sasktel.net
www.businesswire.com
