Conway Resources starts exploring the Belleterre MQuebec City, Quebec, May 26, 2011 – Conway Resources Inc. (“Conway” or the “Corporation”) (TSXV: CWY) is pleased to announce the start of exploration work on the 72 geophysical targets (induced polarization) covering 100% of the Belleterre Mine property, with the Corporation adding eight new targets to the 64 targets identified earlier. The work will begin on May 30, and will be carried out by a team of geologists over a period of about four months. The goal is to identify the best drill targets in preparation for the next drilling program, scheduled for the fall of 2011.
Laurent Beaudoin, President and Chief Executive Officer of Conway, said that: “This program will enable us to conduct systematic exploration over the entire property, and to maximize the chances of discovery of our next drilling program. A preliminary assessment of the geophysical targets leads us to believe that there are four new gold-bearing structures, which would substantially enhance the property’s gold potential. It should also be noted that previous owners never did systematic work of this sort on the Belleterre Mine property, including I.P. geophysics.”
Alain Tremblay, Eng.-Geo., a consultant for Conway and a qualified person under National Instrument 43-101, has reviewed the contents of this press release.
About Conway Resources Inc.
Conway is a mining exploration company that owns four gold properties and one rare metals property in Quebec. Its main asset is the Belleterre Mine property. The property is the site of the old Belleterre mine, which produced over 800,000 ounces of gold between 1936 and 1959. A total of 2.18 million tonnes of ore at an average grade of 10.73 g/t Au were extracted from the mine, primarily from vein 12 (95% of production). Earlier reports indicate the presence of at least 21 veins on the property.
More information can be found on Conway’s website at www.ressources-conway.com.