with a drilling program on the project.
Two holes will be drilled, one 500 metres
southwest and a second hole 1,000 metres
northeast from the discovery hole Captain
Cook No.1. Ultimately, 10 additional holes
will be drilled based on other geophysical
targets.
In terms of infrastructure, the project
has nearby deep water, all-year open ports
with access to foreign markets. The nearby
cities of Corner Brook and Stephenville
provide full service facilities of communications and support. The project has Trans
Canada Highway access and high voltage
power readily available. Most importantly,
Newfoundland is a mining-friendly jurisdiction. n
JULY 2013
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