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Bullboard - Stock Discussion Forum DELORO RESOURCES LTD V.DLL

TSXV:DLL - Post Discussion

DELORO RESOURCES LTD > Acquisition Of New Heavy Oil Property
View:
Post by saskadan on Jan 27, 2011 1:15pm

Acquisition Of New Heavy Oil Property


This is sure looking good!
=======================================================================
Re: News Releases - Tuesday, January 25, 2011
Deloro Signs LOI For The Acquisition Of New Heavy Oil Property at
the Wilkie Project
=======================================================================
Deloro Resources Ltd. (TSX.V - DLL) is pleased to announce that the
Company has entered into a Letter of Intent for the acquisition of a
new heavy oil property adjoining the Wilkie project in Saskatchewan.
The proposed new acquisition includes 320 acres containing the rights
to petroleum from surface to the top of the Precambrian, 120 acres
containing the rights to petroleum and natural gas from the base of the
Mannville to the top of the Precambrian and 840 acres containing the
rights to petroleum and natural gas from surface to the top of the
Precambrian. This property will be acquired from Canadian Natural
Resources for the sum of $15,000.00 and the assumption of all
environmental and reclamation obligations.
Mike Magrum, PEng, a qualified person under National Instrument 51-101,
has approved the technical content of this news release.
On Behalf of Deloro Resources Ltd.
Mike Magrum
President
Director
Neither 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 press
release. This news release shall not constitute an offer to sell or the
solicitation of an offer to buy securities in any jurisdiction.
Deloro Resources Ltd.
TEL: 604-484-5761
FAX: 604-484-5760
E-mail: info@deloro.ca
Website: www.deloro.ca
=======================================================================
Copyright (c) 2011 DELORO RESOURCES LTD. (DLL) All rights reserved.
For more information visit our website at https://www.deloro.ca/ or send
mailto:info@deloro.ca
Message sent on Wed Jan 26, 2011 at 7:18:00 AM Pacific Time
=======================================================================
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