Cabo Drilling Corp. Awarded Drill Contract by Ber Alb Sh A
North Vancouver, BC - Cabo Drilling Corp. (TSX-V: CBE) ("Cabo" or the
"Company") is pleased to announce that Ber Alb SH A, which is part of
the Ekin Maden Group located in Istanbul, Turkey, has awarded Cabo Drilling
Corp. - Albania division, located in Tirana, Albania, a second phase
underground drilling contract of 4,000 meters.
The original drill program, which consisted of 4,000+
meters of NQ drilling, was successfully completed by Cabo in December,
2010. The phase one drilling program was split between BerAlb's Lac
Rosh Mine and the Munella Mine, both of which are located in the northeastern
Albania mountain region, within the administrative borders of Fush Arrez County
in Puke Province. The second phase drill program drilling will be performed at
the Munella Mine exclusively.
Cabo's European General Manager Terry Aimone states,
"We are pleased to have successfully completed the phase one drilling
program at the Lac Rosh Mine and the Munella Mine. We have now commenced
on the phase two Munella Mine program, taking yet another step forward toward
our goal of becoming well recognized as one of the foremost, securely
established, safety first and dependable drilling contractors throughout
Europe."
About Ekin Maden group (Ber Alb Sh A)
Since its inception as a metal trading company in 1982, Ekin Maden has focused
on the trade of non-iron metals and mineral concentrates of copper, zinc and
lead. Ekin Maden also started to sell lump chrome ore, chrome concentrates and
manganese ore in 2010.
Nesko Metals is part of the Ekin Maden group, and is
located at San.A.S., Buyukdere Cad. USO Center Kat:11 Maslak, Istanbul, Turkey.
About
Cabo Drilling Corp.
Cabo Drilling Corp. is a drilling services company headquartered in North
Vancouver, British Columbia, Canada. The Company provides mining related
and specialty drilling services through its Canadian divisions in Surrey,
British Columbia; Montr�al, Quebec; Kirkland Lake, Ontario; and Springdale,
Newfoundland; as well as Cabo Drilling (Nevada) Inc. of the United States; Cabo
Drilling (Panama) Corp. of Panama, Republic of Panama; Cabo Drilling
Panama-Pacifico Corp. of Panama, Republic of Panama doing business as Cabo
Drilling Colombia Corp.; Cabo Drilling Spain S.L. of Sevilla, Spain; Balkan
States Drilling SH.P.K. of Tirana, Albania; and Cabo Drilling (International)
Inc. The Company's common shares trade on the Frankfurt Exchange under
the symbol: DHL and on the TSX Venture Exchange under the symbol: CBE.