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19 January 2009 |
Drill results from the Jales/Gralheira Gold Property, Portugal |
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| "Mr. Alan Matthews, C. Eng., President of Kernow Resources & Developments Ltd., and Lori
McClenahan, President of St. Elias Mines Ltd. (collectively the “Companies”), are pleased to provide the
following update regarding the drilling program recently completed on the Jales/Gralheira Gold Property
(the “Property”) in Portugal. The Property is owned 51% by St. Elias Mines Ltd. ("St. Elias") and 49%
by Kernow Resources & Developments Ltd. ("Kernow")
The results from a drill program, consisting of one hole of 220 metres completed in December, 2008 have
now been received. This is the first hole completed by the Kernow-St Elias JV. This hole is in addition to
37 holes funded by St. Elias during the earn-in period. The 38 holes drilled are in addition to the 50 holes
drilled by RTZ (Rio Tinto Zinc) 3 holes drilled by the Tellis/Kernow JV and the 36 holes drilled by
COGEMA (Compagnie Générale des Matières Nucléaires of France). Hole KMP 38 was drilled at the
Western end of the Central Zone. Download full news story |
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Field
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Portugal
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Email: info@kernowresources.com
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