Southern Energy Corp press release
Armistice commences dewatering at McGarry exploration project
TSXV - TSX Venture Exchange · Natural Gas · Natural Gas Liquids · Oil · Canada
Issued and Outstanding common shares: 46,503,398
TORONTO, Oct. 16 /CNW/ - Armistice Resources Corp. (TSX: AZ) is pleased to report that Paul Whelan Mining Contractors completed the mobilization of all necessary equipment and a full crew to commence dewatering of the underground workings at the McGarry project. Prior to the dewatering, Armistice completed certain repairs and testing of the plant as required by regulatory agencies. The company is also upgrading the plant and equipment at the site in order to maximize energy conservation and improve efficiencies going forward. The McGarry project has all the required permitting in place.
Armistice is a Canadian exploration company that owns an advanced exploration underground gold project in North-eastern Ontario located on the prolific Larder Lake break. The McGarry project consists of 34 contiguous patented mining claims and licences of occupation totalling 484 hectares which adjoins the former producing Kerr Addison gold mine which produced in excess of 11 million ounces of gold. Dewatering is a component of the intended use of proceeds from the recently completed a $6.8 million dollar equity financing. For further information please review Armistice's documents filed on www.sedar.com or contact Armistice.
ARMISTICE RESOURCES CORP.
"Todd Morgan"
Todd Morgan President, C.E.O. and Chairman of the Board