GWR and CDOThis is what is going to kick start CDO again.
CDO has a market cap of only 2 million dollars with 7 properties, including this one at Lac La Hache.
First listed is a news release by CDO proving the encouraging results long ago in late 2008 at Lac La Hache, and also an affiliation through the years with GWR Shives by CDO.
The second release is very recent by GWR and Shives at Lac La Hache and how excellent the property is and how they are moving ahead as planned at the site.
Read the two releases. The relationship between Shives of GWR and CDO is still continuing.
People are talking around here like the 7 properties that CDO has are worth nothing. Murphy Lake also has proven potential too.
Unfortunately, it is others companies that have been doing the proving recently, but let's not act like these 7 propertiesof cdo don't have the potential to be worth more than 2 million measly dollars market cap.
KELOWNA, BRITISH COLUMBIA--(Marketwire - Oct. 9, 2008) - Candorado Operating Company Ltd. (the "Company") (TSX VENTURE:CDO) (FRANKFURT:HQU) (BERLIN:HQU) is pleased to announce completion of a diamond drilling program at its 100% owned Bluff Lake property located 40 km north of 100 Mile House in south-central BC. The property is immediately north of GWR's Lac La Hache copper-gold property.
Recently a detailed review of airborne geophysical data was conducted on the Bluff Lake property and surrounding area by Mr. Rob Shives of GamX Inc. Mr. Shives, formerly the head of the Radiation Division of the Geological Survey of Canada, has over 20 years of experience in application of airborne surveys in the search for porphyry copper-gold and other deposit types throughout Canada. The review defined eight target areas all of which were subjected to geochemical soil sampling, prospecting and rock sampling.
A prominent easterly trending copper-in-soil anomaly measuring over 500 metres long and 150 metres wide was defined over one target area. Prospecting of this area resulted in the discovery of copper mineralized float containing 1.49% copper and 8.1 g/t silver. The angular nature of this float suggests a nearby source.
In June, 2008 four angled drill holes totaling 700 metres were completed and span a distance of 525 metres along the copper-in-soil anomaly. Each drill hole intersected granitic rocks containing finely disseminated and fracture controlled metallic (native) copper. The two easternmost holes also contain traces of chalcopyrite, bornite and molybdenite. Copper mineralization was evident at the end of all the holes. Work to date indicates that mineralization is open along strike and to depth.
Exploration on the Bluff Lake property was conducted under the supervision of W. Gruenwald, P. Geo, of Geoquest Consulting Ltd. a "qualified person" as defined by National Instrument 43-101.
Results for the 2008 program will be released as they become available. Surface and core samples were submitted to Assayers Canada in Vancouver for copper and multi-element analysis. Quality assurance and quality control (QA/QC) include the insertion of analytical standards and blanks in addition to the laboratory's internal QA program.
Shives of GWR is getting great results with this project at Lac La Hache and CDO has the land right there too beside them and alrady has results.
Shives of GWR is interested in the CDO structure just nearby.
This is recently what they at GWR are finding.
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June 09, 2011
GWR Receives Final, Encouraging Assays from Winter 2010-11 Spout Lake Skarn Zone Drilling Program, Announces Summer/Fall 2011 Program.
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ARMSTRONG, BRITISH COLUMBIA -- GWR Resources Inc. (the "Company" or "GWR") (TSX Venture: GWQ) is pleased to report the remaining assays for 30 NQ drill holes, following completion of the highly successful Winter 2010-2011 Spout Lake Skarn Drilling Program at the Lac La Hache Porphyry/Skarn Cu-Au Property in central British Columbia. As tabulated below, the results demonstrate continuity and high grades that continue to exceed our initial expectations. The predictability remains high, based on strong correlation with ground magnetic patterns and our developing understanding of ore controls. A full description of the Skarn Drilling Program, its rationale, drill plan maps, drill core photos, previously released assays and a NEW Presentation, are provided at www.gwrresources.com.
As previously announced, GWR's strategy is to develop the Skarn-hosted copper-magnetite-gold-silver potential of the property as a means to fund subsequent exploration of the potentially larger-tonnage porphyry zones. Recent geophysical surveys, surface work and latest drilling suggest mineralization extends well beyond historical boundaries and tonnages. The winter 2010-2011 Drilling Program was repeatedly extended in response to positive results, ending due to spring breakup conditions after completion of 143 drill holes totalling 15, 462 meters. Our technical team has compiled results and is currently working with SRK Consulting to complete initial 43-101 compliant resource estimation as planned for this summer.
GWR maintains a quality assurance/quality control program that conforms to the requirements of National Instrument 43-101. Rob Shives, P. Geo., is the Qualified Person (as defined by NI43-101) who accepts responsibility for the technical content of this news release.
GWR Resources
GWR is an active mineral exploration company currently exploring for gold and base metals on two properties within Canada. The Lac La Hache copper-gold porphyry project hosts multiple zones containing commercial grades of gold, copper, silver and magnetite. The project is located in British Columbia's prolific Quesnel Trough between producing mines at Imperial Metals' Mt. Polley Copper-Gold Mine and New Gold Inc.'s New Afton Copper-Gold project (Teck-Cominco's legendary Afton mine). The Lac La Hache project is well-served by rail, road and power infrastructure. The Sainte Sabine gold (+Ag, Zn, Cu) property is located within the Bellechasse Mineral Belt in southeastern Quebec, adjacent to known zones on Golden Hope Mines' Bellechasse Project.
This news release may contain "forward-looking statements". Readers are cautioned that any such statements are not guarantees of future performance and that actual development or results may vary materially from those in these "forward looking statements".
For further information, please contact:
John Brown, Chairman
Telephone Number: 780-909-6630
or
Rob Shives, VP Exploration, Director
Telephone Number: 613-882-1755
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