Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Douglas Lake Minerals Inc DLKM



GREY:DLKM - Post by User

Post by AU_NBon Aug 20, 2011 4:24pm
256 Views
Post# 18963834

Canaco Preliminary Economic Assessment

Canaco Preliminary Economic Assessment


  August 19, 2011
Canaco Announces Preliminary Economic Assessment Program for Magambazi and Appoints Sean Waller to Advisory Board

 

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Aug. 19, 2011) -Canaco Resources Inc. (TSX VENTURE:CAN) ("Canaco" or the "Company") is pleased to announce details of a $5 million Preliminary Economic Assessment ("PEA") program at Magambazi planned for completion by the end of June 2012. The Company also announces the appointment of Sean Waller to its Advisory Board.

**

PEA Program

The Company's 2011/12 exploration and development budget includes plans for engineering work that will lead to the completion of a PEA by the end of June 2012. The PEA will include design and field work, metallurgical testing, geotechnical assessment, mill flow-sheet design, economic analysis, preliminary mine plan and operations layout, and preliminary production schedule.

Canaco is currently in the process of selecting an engineering consulting firm to initiate the Magambazi PEA. A schedule to establish parameters for a pre-feasibility/feasibility program will follow.

***

https://canaco.mwnewsroom.com/press-releases/canaco-announces-preliminary-economic-assessment-p-tsx-venture-can-201108190721620001

Way to go Canaco


<< Previous
Bullboard Posts
Next >>