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18 January 2008 |
KERNOW REPORTS RESOURCES AT THE GRALHEIRA GOLD AND SILVER
PROPERTY, PORTUGAL |
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| Mr. Alan Matthews, President of Kernow Resources & Developments Ltd. is pleased to advise that
Kernow has received an estimate of the gold and silver resources identified by Kernow (49%) and its joint
venture partner, St. Elias Mines Ltd. (51%), at the Gralheira gold-silver project in Portugal. The estimate
is contained in a report entitled “A Report on the Mineral Assets of the Gralheira Gold-Silver
property, Portugal” prepared by Wardell Armstrong International Ltd. (WAI) of Cornwall, U.K. which
will be filed on SEDAR (http://www.sedar.com). WAI is an internationally recognised, independent
minerals industry consultancy.
The Jales-Gralheira Gold property is located in Northern Portugal and is located some 125 kilometres
northeast of the city of Porto. The property covers an area of approximately 5.2 square kilometres. Title to
the property is held by way of an Experimental Mining Licence granted to Kernow Mining Portugal Soc.
Unip. Lda. in May of 2007. The Licence is valid for three years from the date of grant. Download full news story |
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