Driven Identifies Three Anomalies at Kuyakuz
14 Setembro 2011 - 8:00AM
Marketwired
Driven Capital Corp. (TSX VENTURE: DVV) ("Driven" or the "Company")
is pleased to provide an update on current and planned exploration
activities at its 100% optioned Kuyakuz Mountain Property adjacent
to New Gold Inc.'s Blackwater Gold Project in the Nechako Plateau
region of British Columbia.
The soil sampling program conducted on Kuyakuz in May has
identified three well defined geochemical anomalies, having
elevated levels of silver, copper, lead and zinc (the latter being
an associated element at the nearby Blackwater gold deposit), as
well as scattered high gold values of up to 530 ppb Au. Two of the
geochemical anomalies coincide with previously identified magnetic
anomalies in the south and southeastern portions of the
property.
"We're pleased that our spring program at Kuyakuz has yielded
coincident anomalies that warrant immediate follow-up," said Toma
Sojonky, Driven's CEO. Chris Baldys, P.Geo, and a support crew are
currently completing two weeks of follow-up reconnaissance mapping
and rock geochemical sampling on the three areas, with priority
being given to sites with coincident geochemical anomalies,
magnetic expression and altered bedrock exposures.
Driven's application for a permit to carry out an
induced-polarization (IP) geophysical survey on Kuyakuz was
approved by the BC Ministry of Energy and Mines on September 1,
2011. The survey's design is being finalized with ongoing feedback
from the field reconnaissance. The Company has retained Terracad
Geoscience Services Ltd. to carry out approximately 50 line
kilometres of line-cutting and co-ordinate the ensuing survey with
geophysical contractor Peter E. Walcott & Associates
Limited.
Completion of the IP survey will conclude Phase I of Driven's
exploration program. Positive results could lead to a second phase
resuming at the start of the 2012 field season. The Phase II budget
includes a contingent 2,000 metres of diamond drilling.
Lindsay Bottomer, P.Geo, a Director of the Company, is the
Qualified Person under National Instrument 43-101 who has reviewed
the technical information in this news release.
Driven is a publicly traded exploration company focused on the
discovery of high-value precious metals deposits in North America.
Please visit our web site at www.DrivenCapital.ca.
On Behalf of the Board of Directors of Driven Capital Corp.
Toma Sojonky, President & CEO
Cautionary Statement Regarding Forward-Looking Information: All
statements, trend analysis and other information contained in this
press release relative to markets about anticipated future events
or results constitute forward-looking statements. Forward-looking
statements are often, but not always, identified by the use of
words such as "seek", "anticipate", "believe", "plan", "estimate",
"expect" and "intend" and statements that an event or result "may",
"will", "should", "could" or "might" occur or be achieved and other
similar expressions. Forward-looking statements are subject to
business and economic risks and uncertainties and other factors
that could cause actual results of operations to differ materially
from those contained in the forward-looking statements.
Forward-looking statements are based on estimates and opinions of
management at the date the statements are made. The Company does
not undertake any obligation to update forward-looking statements
even if circumstances or management's estimates or opinions should
change. Investors should not place undue reliance on
forward-looking statements.
Neither the 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.
Contacts: Driven Capital Corp. Toma Sojonky President & CEO
(604) 569-0799 www.DrivenCapital.ca
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