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Tuesday, September 09, 2008 10:36:32 AM
Hey look what I found on the topic of Nevada Gold Mines...
September 9, 2008 - 9:50 AM EDT
Case Financial Focuses on Plans to Begin Drilling in Gold-Rich Carlin Trend
Case Financial Inc. (OTCBB: CSEF) will develop its strategically-partnered interest in the Carlin Trend in Nevada. The Company expects to spend at least $4 Million, starting in the fourth quarter of 2008, to drill in the Rodeo Creek Property.
Case plans to bring a drilling unit onto the property, pending initial funding, allowing the Company and its partner, Trio Gold Corp. of Alberta, Canada, to commence drilling five geochemically anomalous target areas previously identified for exploration.
Michael Schaffer, Case CEO stated, "Previous drilling on the property completed by Trio Gold confirms that the geological and alteration features common to all deposits on the Carlin Trend exist at Rodeo Creek, namely NW&NE-trending faults with decalcification, silicification and argillization within the highly prospective Popovich Formation, currently the host to 85% of all deposits along the Carlin Trend."
The Carlin Trend, currently the most prolific gold mining area in North America, is host to as many as 30 gold mines and advanced projects, on which over 100 million ounces of gold production and inventory have been identified, including world class deposits such as the Carlin and Meikle mines.
The Rodeo Creek Property is strategically located 1 mile northwest of Barrick Gold Corp's Storm deposit, and 3 miles northwest of Centerra Gold’s REN property.
This news release includes certain "forward looking statements" (including within the meaning of Section 27A of the United States Securities Act of 1933 and Section 21E of the United States Securities Exchange Act of 1934). 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 worldwide 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.
Case Financial, Inc.
Michael Schaffer, C.E.O., 760-804-1449
http://www.casefinancial.com
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