Ontex Resources: Continuation of the 8,000 Metre Diamond Drill Program
Wednesday, August 13th 2008
Ontex Resources Limited provide an exploration update for its properties located in the prolific Beardmore-Geraldton Greenstone Belt in northern Ontario.
Following a successful completion of drilling on its 100% owned Brookbank property, (July 23,2008 Press Release), the Company is pleased to announce the commencement of drilling on the high grade Cherbourg south zone located to the west of the Brookbank property. So far this year almost 3000 m have been drilled on the Cherbourg property.
Early next month Ontex will concentrate exploration east of the Brookbank property on a shear zone northeast of Bearskin Lake. The Company will also mobilize a drill into the large aero-magnetic structure of the Rhino zone that compares in shape to the Musselwhite deposit which contains in excess of 4 million ounces of gold.
In light of the recent activity on the Brookbank deposit, Ontex is pleased to have Mr. Armen Chilian, Vice President of Exploration provide an overview and analysis on the current drill program. To listen to the interview click the following link:http://www.agoracom.com/executive/ONTceo081108/player.html
Ontex Resource Limited is a junior resource company listed on the Toronto Stock Exchange under the symbol “ONT”. The Company is engaged in gold exploration principally on its Brookbank Gold property in northern Ontario.