|
|
|
Canada Business News and Press Releases
|
(EMAILWIRE.COM, April 25, 2012 ) Press Release Distribution Services: http://www.emailwire.com/press_release_service_otc_pink_sheets.php
MONTREAL (QUEBEC) -- Management of KHALKOS EXPLORATION INC. (TSX: V.KAS) (“Khalkos”) is pleased to announce the acquisition of a new property with a high potential in copper-silver-gold, located in Nunavik, around 40 km south of Salluit, Quebec. Khalkos directly acquired the Nanuq property, totalling 150 claims (62 km2), just after the public release in March of the results of a major lake sediment sampling survey completed by the Ministry of Natural Resources and Fauna of Quebec (MRNFQ). Nearly 3,000 lakes spread out over most of the Ungava, covering a 39,000 km2 area, were sampled in 2011 by the MRNFQ. The new property, Nanuq, covers the core of a significant pluri-kilometric copper-silver (mercury, gold) anomaly, which is, according to Khalkos’ geologists, the most significant result of the survey.
The anomaly, covering around 95 km2, is composed of several considerable copper grades ranging within the 99th* percentile of the MRNFQ’s survey, consisting of 400 to 770 ppm** associated with significant silver and mercury grades from 690 to 1,550 ppb*** and 170 to 500 ppm respectively. Significant gold anomalies with grades between 5 and 23 ppb were also associated with the other anomalies.
Considering the geochemical signature of the lake sediment anomaly, as well as the regional geological context, Khalkos’ geologists believe that the property has an excellent copper, silver and gold potential.
* 99th percentile: grades greater or equal to 99% of the grades from the entire 3,000 samples
** ppm: parts per million
*** ppb: parts per billion
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.
For more information, contact:
Contact: Dominique Doucet, President
ddoucet@khalkos.com
Frederic Sahyouni, CFO
fsahyouni@khalkos.com
Tel.: (514) 750-9026
Fax: (514) 510-7964
Website: www.khalkos.com
Visit Khalkos Exploration Inc. Website: www.khalkos.com
The Information in a Stockhouse Publishing Ltd. Stockhouse News Blast is A PAID ADVERTISEMENT and is for the viewers information only. Khalkos Exploration Inc. has paid a fee not exceeding $2500.00 in cash or stock to have their corporate information featured. The corporate information is purely and solely the responsibility of Khalkos Exploration Inc. and it is neither commented upon, researched, or in any manner the responsibility of Stockhouse Publishing Ltd., whose only function is as a supplier of media facilities. Any information provided by the advertisers of Stockhouse Publishing Ltd., through its media services, is not to be construed as a recommendation or suggestion or offerto buy or sell securities, but is provided purely as an informational media service. Stockhouse Publishing Ltd. makes no warranties or undertakings as to the accuracy or completeness of this information. All due diligence should be done by the reader or their financial advisor. Investing in securities is speculative and carries risk. Persons who wish to buy or sell securities should only do so in consultation with their registered securities advisers.
Khalkos Exploration Inc.
Valued Customer Nchor
281-645-4086
jtnchor@groupweb.com 
|
|
|
|
