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New Shoshoni Ventures Ltd.

Published : April 04th, 2011

Golden Reign Resources Ltd - News Release

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Keywords :   Diamond | Gold | Nicaragua |

 

 

 



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Golden Reign Resources, Ltd. (TSX.V: GRR)


April 4, 2011

 

NEWS RELEASE - #11-10

 

TSX- V:  GRR

 

DRILLING COMMENCES AT SAN ALBINO

 


Golden Reign Resources Ltd. (the ?Company? or ?Golden Reign?)(TSX-V: GRR) is very pleased to announce that the Phase II Diamond drilling program at its San Albino-Murra Gold Property, Nicaragua (the ?Property?), has commenced.

 


As previously announced (see news release dated March 16, 2011), the 2011 Diamond drilling program will consist of at least 6,000 metres, and up to 10,000  metres, of definition drilling.  Drilling is intended to further extend the mineralized area and provide sufficient data to calculate a NI 43-101 compliant mineral resource at San Albino/Arras.

 


The 2011 exploration program, including the planned Diamond drilling, is fully funded.  A non-brokered private placement closed in January 2011 raised gross proceeds of approximately $7.5 million. At present, the Company has outstanding stock options and warrants which are in-the-money and would, if fully exercised, raise an additional $16.3 million.


 

 

Golden Reign Resources Ltd.

Suite 501 ? 595 Howe Street

Vancouver, BC  V6C 2T5

Tel:  604-685-4655

Fax:  604-685-4675

Toll free:  1-888-685-4655

 

 

 

 

 

 

 

Data and Statistics for these countries : Nicaragua | All
Gold and Silver Prices for these countries : Nicaragua | All

New Shoshoni Ventures Ltd.
DEVELOPMENT STAGE
CODE : NSV.V
ISIN : CA82535P1062
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New Shoshoni Ventures is a and uranium exploration company based in Canada.

New Shoshoni Ventures develops copper and gold in Canada, and holds various exploration projects in Canada.

Its main asset in development is DS PROJECT in Canada and its main exploration properties are SIBLEY BASIN, SUNRISE, KIRKLAND CREEK and LI-201 / LAC DE GRAS in Canada.

New Shoshoni Ventures is listed in Canada and in Germany. Its market capitalisation is CA$ 961 860 as of today (US$ 926 175, € 721 120).

Its stock quote reached its highest recent level on December 29, 2000 at CA$ 1.90, and its lowest recent point on May 08, 2012 at CA$ 0.01.

New Shoshoni Ventures has 32 062 000 shares outstanding.
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Option Grants of New Shoshoni Ventures Ltd.
6/24/2008BOARD OF DIRECTOR APPOINTMENTS & GRANT OF STOCK OPTIONS
Project news of New Shoshoni Ventures Ltd.
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1/19/2012Eastcoal Inc. Grants Incentive Stock Options
8/19/2011Wash Plant 90% Complete
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9/12/2008LMR: Industry spotlight - coal
8/7/2008Larry Myles Reports: Update on TSX.V: LYM - coal property
6/26/2008Lysander signs LOI Ukraine coal project.
6/11/2008LMR: New Shoshoni works to complete 1st Natural Gas Well
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TSX-V (NSV.V)FRANKFURT (NWV.F)
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Develops Copper - Gold
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