Info from the companyI contacted the company the other day and inquired about their current and planned drilling program.
Here are some excerpts from their reply:
--"The company is aiming to establish drill targets as soon as possible.
Otish Mountain Uranium, Quebec, Canada: Strateco Resources, Inc. has recently announced (May 2006) very encouraging uranium assay results from drill holes...
Cueva del Chacho Uranium property, La Rioja province: PacBay believes that the Cueva del Chacho property has the potential to host a major uranium deposit and PacBay geologists are actively exploring the property as of February 2006. A new report on the property is expected.
Cerro Negro Gold Property, La Rioja province: Barrick Gold Corporation has been drilling for disseminated gold adjacent to the Cerro Negro property.
Cerro Solo Uranium Project, Chubut province: Investors can expect various announcements as this new uranium play unfolds. Uranium Giant, Mega Uranium is currently planning a drill program in the area.
Key Points:
-Well positioned in the Mount Laurier, Uranium Area next to Nova Uranium
-Well positioned in the Otish Uranium Region next to Cameco and Strateco
-Excellent new gold property with high gold values in Cerro Negro next Barrick
-Well positioned in the Cerro Solo Basin Uranium Area
-Uranium showings on Regalo property, now expanded
-Company will be adding more exploration assets to its portfolio
-Extensive and intensive gold anomalies throughout Regalo Gold Property"--
I hope to see CBP start their own drilling program soon. We can only ride the successes of other companies for so long. JMOH
Good luck,
Sam