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CANDORADO OPERATING CO V.CDO



TSXV:CDO - Post by User

Comment by CrashSurvvivoron Sep 05, 2010 11:35am
204 Views
Post# 17416378

RE: RE: RE: RE: CDO neighbor makes new discovery

RE: RE: RE: RE: CDO neighbor makes new discoveryThe latest data from GWR Resources (V.GWQ) indicates real potential for the Spout Lake area. GWR's stock price reacted very well to their recent news. CDO's Murphy Lake property is immediately to the west, and sourrounds the lake to the north, and CDO's optioned property, Bluff Lake (optioned to V.CAY) is in close proximity to the north east (see map: https://www.candorado.com/i/pdf/Murphy_Bluff_Timothy_Location.pdf) :

"Much of the entire surveyed area lies within very high amplitude magnetic total field responses, where contoured magnetic total field values range from 60,000 to over 78,000 nanoTeslas, some of the highest magnetic responses in British Columbia ...
...GWR is excited about the new results within the Spout Lake Skarn area. All data is currently being compiled and re-interpreted. The Company looks forward to adding results from recently completed MMI surveys of the Skarn, to trenching and drilling in new and historically defined areas. GWR's objective in respect of the Spout Lake Skarn area of its large Lac La Hache project is to demonstrate the large economic potential represented by the contained magnetite, copper, gold, silver and possibly other metals. The Company recognizes the large economic potential of the Skarn-related Zones and has applied for a permit to support renewed exploration of the area. The Company's compilation will be presented to several interested mid-tier or major mining companies active within BC for consideration as a joint venture or other opportunity. "

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