International Samuel Exploration Corp.: Reed Lake VTEM 3,052 Line km Survey Completed
April 02 2008 - 9:01AM
Marketwired Canada
International Samuel Exploration Corp. (TSX VENTURE:SAZ) and Canasia Industries
Corp. have received notification from Geotech Ltd. that the 3,052 line km VTEM
survey on their jointly held Reed Lake property located in the Flin Flon
district of Manitoba is now complete.
The property is strategically located around the VMS Ventures Inc. base metal
discovery in the historic and very prolific Flin Flon mining camp. With more
than 27 significant mineral deposits continuously discovered over the past 75
years. The most recent discovery is HudBays' Lalor Lake property with 20 million
tonnes 8.8 % zinc.
The Geotech VTEM survey is considered one of the airborne survey industry's best
deep-penetrating electromagnetic and magnetic systems. The VTEM airborne
magnetic and electromagnetic components have been successfully used in outlining
structures, favourable geology, zones of conductivity, magnetic zones and zones
of alteration, some of which are coincident with areas of known mineralization.
This type of geophysical survey is useful in advancing the property to the
drill-ready stage. Data compilation and interpretation will now commence and a
preliminary timetable of expected results will follow.
Derrick Strickland, P.Geo. , the qualified person under NI 43-101 for this
project, has approved the technical content of this news release.
On Behalf of the Board of Directors
Conrad Swanson, President
International Samuel Exploration Old (Tier2) (TSXV:SAZ)
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