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VanEck Semiconductor ETF V.SMH


Primary Symbol: SMH

The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS US Listed Semiconductor 25 Index.


NDAQ:SMH - Post by User

Post by 4funon Mar 01, 2010 9:21am
332 Views
Post# 16829025

Starts drilling at last

Starts drilling at last

SHOREHAM COMMENCES DRILLING PROGRAM AT BORLAND LAKE, ONTARIO

LANGLEY, CANADA, March 1, 2010 – Shoreham Resources Ltd. (the “Company” or “Shoreham”) (TSX-V: “SMH”), a Canadian exploration company dedicated to the exploration of advanced precious metal and polymetallic deposits in Guyana and Canada, is pleased to announce that the Company commenced a diamond drilling program in the Borland Lake target area, Favourable Lake Joint Venture, Ontario. The work plan calls for 2500 meters of NQ drilling in eight to ten holes with estimated minimum depth 175 meters and maximum depth 500 meters. The drill hole site selection is based on ground geophysics, compilation of historic diamond drilling results and structural interpretation based on detailed geological mapping. Additional drilling, including testing of other prospects in the Favourable Lake region of Ontario, will be considered based on results and logistical considerations.

David Bending, M.Sc., P. Geo., President and CEO of Shoreham Resources Ltd. is a Qualified Person as defined in National Policy 43-101 (“NI 43-101”), and is responsible for and has reviewed all technical information contained in this news release. Mr. Bending reports that: "Commencement of the diamond drilling program at Borland Lake is an important milestone for Shoreham Resources. The Borland Lake targets offer excellent potential for discovery of silver – rich polymetallic mineralized zones.”

For further information please visit our website at www.shoreham.ca or contact our President and CEO Mr. David A. Bending at 604-533-9288.
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