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Westcore Energy Ltd. (CVE:WTR) reported that preparation is underway for its winter drill program to start in Q1/2012 on Hudson Bay, Black Diamond and FNR JV projects in Hudson Bay, Saskatchewan.
Westcore Energy Ltd. (TSXV:WTR) reported that preparation is underway for its winter drill program to start in Q1/2012 on Hudson Bay, Black Diamond and FNR JV projects in Hudson Bay, Saskatchewan.
The press release is quoted as saying:
Westcore is planning the 2012 winter program based upon the results of its recently completed gradient gravity airborne survey, which covered approximately 3 times the area of the 2010 survey. This is the same type of survey that allowed Westcore to achieve 97% accuracy in drilling gravity anomalies during its winter 2011 drilling program. The 2012 winter program will have two phases. The first phase will be a delineation program to expand previously identified deposits with an aim to incorporate the results into a 43-101 resource calculation. The second phase will be an exploration program to test several new geophysical anomalies identified in both the 2010 and the 2011 airborne surveys.
Westcore Energy Ltd.’s President and CEO, Paul Conroy, said,
“We are extremely excited about the upcoming 2012 winter program, as several new targets have been identified using the same highly successful technique from our 2011 program. We look forward to commencing this winter drilling program, which is scheduled for Q1 2012 in order to maximize cost effectiveness, and to yielding further results that we hope to incorporate into a 43-101 resource report on Westcore’s properties.”
Click here to access the entire press release
