Sunset Cove Starts Drilling Campaign on Carolay Silver Property
TORONTO, Feb. 15, 2012 /CNW Telbec/ - (TSXV: SSM) (BVL: SSM) Sunset Cove announces that the first hole of its 2012 drilling program has started on its flagship Carolay Property in La Libertad, Peru. The drill program is designed to go up to 10,000 meters by the end of the year and help to establish the basis for a new NI 43-101 report.
"We have designed the first five holes to cross the Carolay Vein over a strike length of 250 meters," said Lorne Woods, President of Sunset Cove. "We also are looking forward to drilling through the recently discovered Carolay 1 Vein, which is sub-parallel and located 20 meters from the Carolay vein."
Each diamond drill hole, NQ size, is estimated for a minimum of 350 meters and will cross the known anomaly that measures over 200 meters and believed to host more vein structures that the company hopes are similar to Carolay vein.
Initial sampling of the Carolay Vein averaged over 269gr per tonne of silver and has been reported in Sunset's original technical report. The results of the first hole should be available shortly.
Quality Assurance - Quality Control
The Carolay property exploration program is under the supervision of Mr. Alain-Jean Beauregard P.Geo. of Geologica Inc. an independent consultant and Qualified Person as designated by National Instrument 43-101 who has reviewed the technical content of this release. Mr. Bratzon Salvador, Operations manager, supervises exploration at Sunset Cove's projects. All technical information for the company's projects is obtained and reported under a formal quality assurance and quality control (QA/QC) program.
About Sunset Cove
Sunset Cove Mining Inc. is a dynamic Canadian junior mineral exploration and development company dedicated to driving shareholder value through the economical acquisition, exploration and development of precious metals and copper properties in proven Latin American locations to the point where they become attractive joint venture or acquisition targets. Sunset Cove is in Peru now, because now is the time to be in Peru, and has a wholly owned Peruvian subsidiary,
Minera Sunset Del Peru S.A.C based in Lima, and is building a Peruvian mining portfolio in precious metals and copper, with two properties under contract.
Forward-Looking Statements
Some of the statements contained herein may be forward-looking statements that involve known and unknown risks and uncertainties. Results presented in this press release are exploratory in nature. Historical data, if mentioned, should not be relied upon, as they are not admissible under NI 43-101 rules and the Company has not conducted sufficient testing to verify this type of information. Without limitation, statements regarding potential mineralization and resources, exploration results, and future plans and objectives of the Company are forward-looking statements that involve various degrees of risk. The following are important factors that could cause the Company's actual results to differ materially from those expressed or implied by such forward-looking statements: changes in the world-wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability, and the uncertainty of access to additional capital. Sunset Cove disclaims any obligation to update any such forward-looking statements.
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Lorne Woods
President, Sunset Cove Mining Inc.
(877) 234-0692; ext 250
[email protected]
www.sunsetcovemining.com
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