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Post by Franko10 ™ on Jan 29, 2005 0:12:47 GMT -5
Casavant Mining Kimberlite International Announces Purchase of Drill Rigg, Accessories, Extra Equipment for Drilling
- PR Newswire
LAS VEGAS, Jan 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has purchased its own Drill Rigg and all equipment necessary to drill for diamonds. The company has also purchased secure warehouse facilities and living quarters for company drillers to work around the clock. In addition Security Fencing has been ordered for the protection of the facilities.
Urban Casavant President of CMKM stated, "Now that we have purchased our own Drill Rigg, the company is in a position to drill numerous holes at a reduced cost. This gives us a tremendous advantage in speeding the process of finding diamonds. We are excited to finally move forward with the drilling process, and now have our own drilling facilities to support the program and secure our core drillings for lab analysis."
Drill equipment is being immobilized immediately to facilities in preparation for drilling first target. The company approximates drill permits to be approved by the end of the month and drilling to commence.
There is no guarantee that further exploration of 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 statement, other than the statements of 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
Melvin O'Neil, +1-306-752-3755, or 877-752-3755, or fax,
+1-306-752-3754, or ipr@sasktel.net, Diamonds Hotline for Casavant Mining
International
(CMKM)
Copyright (C) 2004 PR Newswire. All rights reserved.
- PR Newswire
LAS VEGAS, Jan 21, 2004 /PRNewswire-FirstCall via COMTEX/ -- Casavant Mining Kimberlite International (Pink Sheets: CMKM) announced today that the company has purchased its own Drill Rigg and all equipment necessary to drill for diamonds. The company has also purchased secure warehouse facilities and living quarters for company drillers to work around the clock. In addition Security Fencing has been ordered for the protection of the facilities.
Urban Casavant President of CMKM stated, "Now that we have purchased our own Drill Rigg, the company is in a position to drill numerous holes at a reduced cost. This gives us a tremendous advantage in speeding the process of finding diamonds. We are excited to finally move forward with the drilling process, and now have our own drilling facilities to support the program and secure our core drillings for lab analysis."
Drill equipment is being immobilized immediately to facilities in preparation for drilling first target. The company approximates drill permits to be approved by the end of the month and drilling to commence.
There is no guarantee that further exploration of 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 statement, other than the statements of 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
Melvin O'Neil, +1-306-752-3755, or 877-752-3755, or fax,
+1-306-752-3754, or ipr@sasktel.net, Diamonds Hotline for Casavant Mining
International
(CMKM)
Copyright (C) 2004 PR Newswire. All rights reserved.
