Creston Moly Intersects Significant Mineralization
VANCOUVER, BC - Creston Moly Corp. reported the results of the first five holes of a 5,000 metre drilling program on its molybdenum project in Sonora, Mexico.
Highlights of the drill program include intercepts of:
189.05 metres @ 0.091% molybdenum including 94.55 metres @ 0.150% molybdenum (Drill Hole EC10-67)
222.65 metres @ 0.074% molybdenum including 122.00 metres @ 0.100% molybdenum (Drill Hole EC10-70)
"We are extremely pleased with the results of our initial drilling as it is now very apparent that we have a much larger resource than originally determined." said Bruce McLeod, President & CEO. "Our goal of expanding the known resources of the Creston deposit is being achieved and additionally may provide a high grade, low strip ratio starter pit for the commencement of production as these new results contain high grade molybdenum values over large intervals."
The company is well advanced on its 5,000 metre drilling program with 11 holes (3,225 metres) now completed. Drill results will be routinely released as the assaying results are available. The drilling program is part of a $4 million work program on the El Creston deposit(s) designed to advance the project towards completion of a feasibility study. In addition to the drilling there is geophysical and other ground work being conducted on the property.
The company’s address is