🕐03.05.11 - 10:27 Uhr
CABO DRILLING (NEVADA) CORP. AWARDED DRILL CONTRACT BY CURIS RESOURCES LTD.
*Cabo Drilling (Nevada) Corp.
Awarded
Drill Contract by Curis Resources Ltd.*
*North Vancouver, BC *– Cabo Drilling Corp.
(TSX-V: CBE)
(“Cabo” or the “Company”) announces that Cabo Drilling
(Nevada) Corp.
has been awarded a contract for two drill rigs and a
minimum of 7,500 feet of drilling at Curis Resources Ltd.’s
(TSX-V:CUV) Florence Copper Project, located midway between Phoenix
and Tucson and near to the community of Florence, Arizona.
Drilling services will be performed by Cabo personnel utilizing a
CS14 Diamond Core Drill along with a Canterra 250 Reverse Circulation
Drill.
Cabo offers a full range of drilling services including surface and
underground coring, directional and reverse circulation drilling.
The
Company believes that its flexibility in working with its clients to
create successful solutions that meet their drilling requirements
will be one of the keys to success in the North American market.
John Versfelt, President and CEO of Cabo Drilling Corp.
states, “We
are more than pleased to advance our United States presence with the
introduction of our drilling services at the Florence Copper Project.
An important ingredient of our success is our ability to assist our
customers in formulating and implementing efficient and cost
effective solutions for their exploration and development drilling
challenges.”
Cabo’s “safety first” culture has gained Cabo numerous industry
awards and recognition for operating with safe work practices.
*About Curis Resources Ltd*.
Curis Resources Ltd.
is a mineral exploration and development
company, based in Vancouver, Canada and associated with Hunter
Dickinson Inc.
(HDI).
Curis’ corporate goal is to acquire and
develop high-quality copper properties in progressive jurisdictions
around the world, and to become a global leader in in-situ copper
recovery (ISCR) production and production technologies.
Curis
Resources Ltd., 1500- 1040 West Georgia St., Vancouver, British
Columbia, Canada, V6E 4H8.
* *
*About Cabo Drilling Corp.*
Cabo Drilling Corp.
is a drilling services company headquartered in
North Vancouver, British Columbia, Canada.
The Company provides
mining related and specialty drilling services through its Canadian
divisions in Surrey, British Columbia; Montréal, Quebec; Kirkland
Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling
(Nevada) Inc.
of the United States; Cabo Drilling (Panama) Corp.
of
Panama, Republic of Panama; Cabo Drilling Panama-Pacifico Corp.
of
Panama, Republic of Panama doing business as Cabo Drilling Colombia
Corp.; Cabo Drilling Spain S.L.
of Sevilla, Spain; Balkan States
Drilling SH.P.K.
of Tirana, Albania; and Cabo Drilling
(International) Inc.
The Company’s common shares trade on the
Frankfurt Exchange under the symbol: DHL and on the TSX Venture
Exchange under the symbol: CBE.
ON BEHALF OF THE BOARD
/ “John A, Versfelt”/
/ /
John A.
Versfelt
Chairman, President and CEO
Further information about the Company can be found on the Cabo
website
) and SEDAR (www.sedar.com) or by contacting Sheri Barton, Corporate
Communications at 403-217-5830 or Mr.
John A.
Versfelt, Chairman,
President & CEO of the Company at 604-984-8894.
For general investor
relation inquiries you may also contact Renmark Financial
Communications Inc.Barbara Komorowski:
or Dan Symons:
at Tel: 514-939-3989 or 416-644-2020.
* * * *
The TSX Venture Exchange does not accept responsibility for the
adequacy or accuracy of this release.
This news release may contain
forward-looking statements including but not limited to comments
regarding the timing and content of upcoming work programs,
geological interpretations, potential mineral recovery processes and
other business transactions timing.
Forward-looking statements
address future events and conditions and therefore, involve inherent
risks and uncertainties.
Actual results may differ materially from
those currently anticipated in such statements.
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