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Snowfield Development Corp. SWFCF



GREY:SWFCF - Post by User

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Post by Diamanteon Apr 03, 2009 2:51pm
693 Views
Post# 15895158

LOL!!! Only 50kms!!

LOL!!! Only 50kms!!

Snowfield to begin drilling at Ticho, arranges crews

Snowfield Development Corp(C:SNO)
Shares Issued 117,952,109
Last Close4/2/2009 $0.025
Friday April 03 2009 - News Release

Mr. Robert Paterson reports

SNOWFIELD MOBILIZES DRILL CREW TO TICHO PROJECT

Snowfield Development Corp. has mobilized drill crews to its Tichodiamond property, located approximately 50 kilometres southeast ofYellowknife, NWT. The primary focus will be to drill test a promisingkimberlite target located on the Wire claim at the northern extent ofthe property.

The target to be tested was first identified by an airborne magneticsurvey flown in 1995, and confirmed by a detailed ground magneticsurvey in 2005. The anomaly is located roughly in the center of acircular lake with reported overburden depths of 150 ft or more; whichis typically deeper than in lakes that have been drilled in the area.The magnetic high signature is circular in shape, with dimensions of250 x 250 m across, based on existing ground magnetic data.

SNOWFIELD has identified at least two other targets that will befollowed up with detailed ground magnetic surveying and drill testing.These targets are circular magnetic high responses identified fromairborne magnetic survey data, and occur both on land and under a smalllake.

It is anticipated that crews will be on site by April 6, 2009 anddrilling will commence shortly thereafter. SNOWFIELD will continue toprovide updates on the drill program, which is under the supervision ofJennifer Burgess, P.Geol., a qualified person under NI 43-101.

© 2009 Canjex Publishing Ltd.

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