Newcastle Schedules Drilling Program on Chester Project
May 02 2011 - 7:33AM
Marketwired
Newcastle Minerals Ltd. (TSX VENTURE: NCM) is pleased to announce
that it has engaged Chenier Drilling Services Inc. to undertake a
1,500-metre diamond drill program at its 100% owned Chester Project
located in northwestern Ontario, Canada. Drilling operations are
expected to begin June 1.
Newcastle's 30-hectare Chester Project lies approximately one
kilometre north of Trelawney Mining and Exploration Inc.'s Cote
Lake deposit and is surrounded by Augen Gold Corp. and Sanatana
Diamonds Inc.'s Watershed Project. Trelawney recently announced
large intersections of low-grade gold, including 1.18 grams per
tonne gold over 285.80 metres, 1.26 grams per tonne gold over 275
metres and 1.65 grams per tonne gold over 304 metres at its Cote
Lake deposit.
Newcastle Minerals Ltd. is a Canadian gold and base metal
exploration company trading on the TSX Venture Exchange (TSX
VENTURE: NCM). The company is advancing its three key properties:
its 120-hectare Carscallen Property in the West Timmins area of
Ontario, its 11,100-hectare Pickle Lake Property in northwestern
Ontario and its 6,600-hectare property located in the Swayze
greenstone belt of Ontario near Trelawney Mining and Exploration
Inc.'s Chester Property.
ON BEHALF OF THE BOARD
Michael Romanik, President
Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
Contacts: Newcastle Minerals Ltd. Michael Romanik President
Direct line: (204) 724-0613 info@newcastleminerals.com
www.newcastleminerals.com
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