Lounor Exploration Inc. starts new drill program on Harker Gold property.
02.03.2011 | CNW
ROUYN-NORANDA, QC, March 2 /CNW Telbec/ - (TSXV: LO) (FSE: LE2A) - Lounor Exploration Inc. is pleased to announce that a new drill program has started on the Harker Gold property. The property is situated in the Harker Township, Ontario, in the Timmins-Porcupine camp.All drilling programs completed until now confirm the presence of gold bearing rock and structures typical of Timmins mining camp. The first ninety (90) holes returned gold values over 250 meters in strike length at 200 meters in depth.
The drilling program is targeting an area of 250 meters depth close to recent intercepts of 14.4 grams over 3.21 meters, 7.49 grams over 2.46 meters, 9.7 grams over 1.5 meters and 4.7 grams over 7.0 metres.
Christian Dupont, P. Eng., is the qualified person responsible of the information contained in this release.
Lounor Exploration Inc. is a publicly traded company on the TSX-Venture (TSXV-LO) and on the Frankfurt Exchange (LE2A).
This press release was prepared by Lounor Exploration Inc. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
This document may contain forward-looking statements relating to Lounor's operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Lounor's control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Lounor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.
For further information:
M. Gilles Fiset, President
Telephone: 800-388-8668, 819-797-8668
Fax: 819-797-6050
Email: lounor@tlb.sympatico.ca
Web site: www.lounor.com
Investor Relations: Carl Desjardins
Relations Publiques Paradox inc.
Telephone: 866-460-0408 ou 514-341-0408
Cell: 514-591-8693
Email: carldesjardins@paradox-pr.ca
Léo Patry, investor relations
Telephone: 1-888-974-1276 ou 514-951-0250
Email: leo-patry@hotmail.com