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Rights Issue and Shortfall
Creston Moly Intersects 67.1 Metres of 0.134% Molybdenum
Creston Moly Corp. (CVE:CMS) announced the assay results of five diamond drill holes completed from its Phase Three drill program, at the El Creston molybdenum property located in the state of Sonora, Mexico.
Creston Moly Corp. (TSXV:CMS) announced the assay results of five diamond drill holes completed from its Phase Three drill program, at the El Creston molybdenum property located in the state of Sonora, Mexico.
The press release is quoted as saying:
The five holes, the first of a 2,500 metre program, were drilled in the Red Hill Shallow Zone located to the immediate southwest of the Main Zone Resource boundary. Hole EC10-98 drilled in the centre of the zone averaged 0.134% molybdenum over 67.1 metres. Hole EC10-101 drilled in the northwest portion of the zone intersected 94.55 metres averaging 0.057% molybdenum. Hole EC10-102 drilled along the zone’s western margin intersected 27.85 metre section averaging 0.095% molybdenum.
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