TSXV:NER.H - Post by User
Post by
dotbombnoton Mar 29, 2006 10:37am
![](https://assets.stockhouse.com/kentico-cms/0340-00/images/Sprite.svg#id_Post_Views_Icon)
91 Views
Post# 10583238
Newmac increases drill program to 6,000 metre
Newmac increases drill program to 6,000 metre
Newmac increases drill program to 6,000 metres
2006-03-29 06:14 ET - News Release
Mr. David Hjerpe reports
NEWMAC RESOURCES INC.: DRILL PROGRAM INCREASED TO 6,000 M
Newmac Resources Inc. has decided to double the size of the current drill program to 6,000 metres.
The company has continued to uncover new molybdenum mineralization through a series of new trenches. Some located near a recent high-grade sample of 7.29 per cent molybdenum has been discovered (see news issued in Stockwatch dated Feb. 17, 2006). A trench also uncovered a quartz stockwork that is over 45 metres in width (the length will be determined by future trenching and drilling), and is located near the 2.81-per-cent molybdenum sample, that was taken from a previously unkown showing (see news issued in Stockwatch dated Dec. 5, 2005). These new trenches will provide the company with additional targets, and therefore the company has negotiated with the diamond drill contractor to increase the current phase 1 diamond drill program to 6,000 metres, a double in size from the original 3,000-metre program. The company has received all necessary permits to increase the size of the current drill program.
The company's president, David Hjerpe, said, "I am very happy to be able to extend the diamond drill program, as the trenching program has uncovered a series of new targets that need to be tested." Samples from this new trenching program are being sent to the lab, and will be reported as soon as they become available.
Technical content of this news has been reviewed by W.A. Howell, PGeo, a qualified person within the definitions of National Instrument 43-101.
We seek Safe Harbor.