Nouveau Monde Graphite Inc. press release
Noble Metal Group Incorporated: Cariboo Placer Gold Property Update
TSXV - TSX Venture Exchange · Graphite · Canada
(via Thenewswire.ca)
In 2010 the company concentrated its efforts on removal of the overburden materials that overly the placer pay gravels.
J W Price Construction Ltd of Merritt, B.C. was contracted to remove the overburden. Using three 621scrapers (15 cubic yards) and one D8 Cat complete with operators and supplies 125,000 cubic yards of overburden was removed. Several benches averaging 6 meters (18 feet) in width were also constructed.
The massive snowfall during the winter of 2010 and spring of 2011 as well as the continuous rainfall throughout June, July and early August caused disruptions in the ongoing development of the placer operation.
However, we are pleased to announce the placer operation is on track and the placer pay gravels from the Tertiary and Paleogulch channels are currently being stockpiled for processing.
On Behalf of the Board of Directors
Noble Metal Group Incorporated
"Dorothy Dennis"
President
Except for statements of historical fact relating to the Company, this news release contains certain "forward-looking "information" within the meaning of applicable securities law. "Forward-looking information" is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", and other similar words, or statements that certain events "may", "will", or "could" occur. There are uncertainties inherent in forward-looking information including factors beyond the company's control, and no assurance can be given that the programs will be completed on time, on budget or at all. The reader is cautioned not to place undue reliance on forward-looking statements. The TSX Venture Exchange has neither approved nor disapproved the contents of this news release.
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