Yet another GGRI news releaseGreenwood Gold Resources Inc. (OTCBB:GGRI.ob - News) announces preliminary plans for preparation of the Summer Property exploration work program, which would fulfill the requirement for undertaking a $350,000 work program on the Summer Property, according to the terms of the Company's option agreement.
The proposed work program will include geological mapping, geochemical surveying, geophysical surveying, prospecting, trenching and drilling on the property, located in British Columbia, Canada in the prolific Quesnel Trough area.
Various parts of the Properties have been explored by a number of companies in the 1980s and 1990s.
Royal Canadian Ventures explored the ground from 1968 to 1971, and Guichon Explorco conducted geochemical and geophysical surveys from 1982-1983. In 1994 GWR Resources staked the ground and conducted geological mapping, soil sampling, a ground IP and magnetic survey, and a 12-hole 1,549 meter diamond drill program.
They mention GWR Resources in every release as they hope traders make the connection between GGRI and the results that GWR has had at Murphy Lake. Again, a reminder that CDOs property is just north of GWR and Rob Shives of GWR is contemplating a CEO role at CDO.