Therma-Med, Inc. Announces Exploration Plans for the Upcoming Mining Season
December 01 2011 - 9:45AM
Marketwired
Therma-Med, Inc. (PINKSHEETS: THRA) is pleased to announce its
exploration plans for the Hindon Copper property located in
Ontario, Canada. The Hindon property appears to contain two
significant areas of copper mineralization (the East and West
Zones). The original sampling performed during the 1950s averaged
2.8% copper with some samples going above the 4% copper from the
West Zone while samples from the East Zone averaged 1.6% copper.
The Company aims to utilize a cost effective surveying system
that implements the latest geophysical technologies which has a
proven track record of properly collected highly detailed data
sets. This will outline very fine surface structures and provide
the capability to generate clean and concise maps that we will use
for further exploration. A High Resolution Aeromagnetic survey is a
fully integrated exploration method that fits within the Company's
exploration budget and gives us a competitive edge in identifying
drillable prospects. This surveying system applies technology that
is sensitive enough to detect conductivity variation to a depth of
100 meters. Based on survey results, the Company intends to send
exploration teams to go over the perspective anomalies and execute
a line-cutting and a ground electromagnetic (EM) surveying
programs. CEO Zajay Trujillo stated, "I'm extremely pleased that
we've decided to go with the exploration approach that is not
greatly affected by the seasonal weather conditions. This approach
will enable us to collect a significant amount of valuable
information on the property. The work contract surveying proposals
are currently being reviewed by us. Once a contract has been
finalized, we expect to start surveying our property immediately.
We will continue to release regular updates on our progress as we
continue to push forward."
Please check the Company's website for further updates.
Safe Harbor: This press release contains statements, which may
constitute "forward-looking statements" within the meaning of the
Securities Act of 1933 and the Securities Exchange Act of 1934, as
amended by the Private Securities Litigation Reform Act of 1995.
Those statements include statements regarding the intent, belief or
current expectations of Therma-Med, Inc. with members of its
management team as well as the assumptions on which such statements
are based. Prospective investors are cautioned that any such
forward-looking statements are not guarantees of future performance
and involve risks and uncertainties, and that actual results may
differ materially from those contemplated by such forward-looking
statements. Important factors currently known to management that
could cause actual results to differ materially from those in
forward-statements include fluctuation of operating results, the
ability to compete successfully and the ability to complete
before-mentioned transactions. The Company undertakes no obligation
to update or revise forward-looking statements to reflect changed
assumptions, the occurrence of unanticipated events or changes to
future operating results.
Contact: Therma-Med, Inc. www.therma-medinc.com Email
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