Kazax Announces Start of Drilling Programme at Lomonosovskoye
September 27 2013 - 9:36AM
Marketwired Canada
Kazax Minerals Inc. ("Kazax" or the "Company") (TSX VENTURE:KZX) is pleased to
announce the beginning of its diamond drilling programme at the Lomonosovskoye
project. The programme will include drilling of approx. 12000m incorporating 19
geotechnical, 9 hydrogeological and 21 exploration holes. The drilling programme
is focused on areas of the deposits which are still open and is aimed at
upgrading the categorization of mineral resources in the current pit areas. The
programme is also aimed at confirming geotechnical and hydrogeological
information collected in Soviet times. The drill results are expected to be
available by the end of 2013.
The technical information provided in this news release was reviewed and
approved by Dr. Juan Camus, the project's Country Manager and a qualified person
for the purposes of National Instrument 43-101.
ON BEHALF OF THE BOARD
Trevor Campbell Smith, President & CEO
Forward-Looking Statements
This news release contains forward-looking statements and forward-looking
information within the meaning of applicable securities laws. The use of any of
the words "expect", "anticipate", "continue", "estimate", "objective",
"ongoing", "may", "will", "project", "should", "schedule", "believe", "plans",
"intends" and similar expressions are intended to identify forward-looking
information or statements. More particularly and without limitation, this news
release contains forward looking statements and information concerning the
Company s future operations and prospects. The forward-looking statements and
information are based on certain key expectations and assumptions made by the
Company, including expectations and assumptions concerning equipment and crew
availability, and joint venture partner financial capability. Although the
Company believes that the expectations and assumptions on which such
forward-looking statements and information are based are reasonable, undue
reliance should not be placed on the forward looking statements and information
because the Company can give no assurance that they will prove to be correct. By
its nature, such forward-looking information is subject to various risks and
uncertainties, which could cause the Company's actual results and experience to
differ materially from the anticipated results or expectations expressed. These
risks and uncertainties include, but are not limited to, reservoir performance,
labour, equipment and material costs, access to capital markets, interest and
currency exchange rates, and political and economic conditions. Additional
information on these and other factors is available in continuous disclosure
materials filed by the Company with Canadian securities regulators. Readers are
cautioned not to place undue reliance on this forward-looking information, which
is given as of the date it is expressed in this news release or otherwise, and
to not use future-oriented information or financial outlooks for anything other
than their intended purpose. The Company undertakes no obligation to update
publicly or revise any forward-looking information, whether as a result of new
information, future events or otherwise, except as required by law.
Neither the 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.
FOR FURTHER INFORMATION PLEASE CONTACT:
Kazax Minerals Inc.
+7 7172 99 05 49
+7 7172 99 05 46 (FAX)
info@kazaxmineralsinc.com
www.kazaxmineralsinc.com