MONTREAL, Aug. 28, 2018 (GLOBE NEWSWIRE) -- M.P.V. EXPLORATIONS INC. (“MPV” or the “Company”) (CSE: MPV) is pleased to announce that it has claimed additional cells (claims) to extend its UMEX Property.
Following the June 2018 drilling results, MPV claimed an additional 53 additional cells over 2,942.55 ha (owned 100% by MPV), directly adjacent to the North of the existing property, for a grand total of 125 cells over about 70 km2. (See Map)
As announced in a press release on August 16th, 2018, the results of the diamond drilling campaign of June 2018 showed the presence of a massive sulphide lens, including notably the following intercept:
UMX-18-07 : 9.10 meters of 2,20 % Cu; 4,05 % Zn; 1,74 g/t Au; 62,41 g/t Ag;
Qualified person
The technical content of this news release has been reviewed, prepared and approved by Mr. Hugues Guérin-Tremblay, P.Geo (OGQ #1584) and is a “qualified person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). Mr. Guérin is independent of the company.
About M.P.V. Explorations Inc.
MPV is a mineral exploration company focused on base metals projects in the Chibougamau region of Northern Quebec. Its main asset is the UMEX Copper-Zinc-Gold-Silver project, which is located approximately 50 kilometers West of the town of Chapais on traditional Eeyou Istchee Territory. It is accessible directly from a paved road and less than 1 km away from a major electrical distribution station. It covers about 70 km2 over a length of 17 kilometers. The property is located within the Abitibi Greenstone Belt, which is known for its numerous precious metals and polymetallic deposits.
Cautionary Statement
Certain statements contained in this press release constitute forward looking information under the provisions of Canadian securities laws. Forward looking information contained in this press release includes statements with respect to the potential mineralization and geological merits of the UMEX project. These statements are subject to a variety of risks and uncertainties including, without limitation: risks and uncertainties relating to the interpretation of geological data; the possibility that future exploration results will not be consistent with the Company’s expectations; risks related to the ability to obtain financing needed to fund the exercise of the option and the exploration and development of the project; market conditions and volatility and global economic conditions; and several risks related to the nature of mineral exploration and development. Such statements reflect the Company’s views as at the date of this press release. The Company does not intend and does not assume any obligation to update these forward-looking statements and information, except as required by law.
A map accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/10fb0a0e-683e-4682-8dce-087261b75eca
For more information on the Company, please visit www.mpvexploration.com.
Jean-Francois Perras, President and CEO
M.P.V. Explorations Inc.
(514) 667-7171
We seek safe harbour.