Yukon Metals Corp press release
Odin Drill Status Update of Initial Exploration Program
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(via Thenewswire.ca)
Vancouver, BC - November 17, 2011: Odin Mining and Exploration Limited ("Odin", the "Company") is pleased to announce that by way of confirmation, Odin has received all necessary permits required in Ecuador, to commence exploration drilling, and began the first stage of an approved exploration drill program at Cangrejos in October. Some 1,050 meters had been drilled as at November 12, 2011. The Company expects to be in a position to announce assay results by end Q4 2011 / begin Q1 2012 when sufficient assay results have been received from ACME Analytical Laboratories (Vancouver) Ltd., to allow shareholders to form a preliminary view of initial progress.
Material results will be announced, as soon as they are to hand, in the usual way. All other information which may be of interest to shareholders, may be lodged on Odin's website in the discretion of the Company, from time to time.
For further information please contact: Stephen Stow, President and CEO or Daniel Noone, Director, responsible for the exploration program, at 604-888-4505.
" Stephen W.C. Stow "
Stephen W.C. Stow
President
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: Statements in this release that are forward-looking statements are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the corporation's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The company does not assume the obligation to update any forward-looking statement.
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