Arcus Starts 2011 Dawson Gold Program
Published : June 08, 2011
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Keywords :   Diamond | Gold | Market |

VANCOUVER, BRITISH COLUMBIA--(Marketwire - June 8, 2011) - Arcus Development Group Inc. ("Arcus") (News - Market indicators) announces that crews have been mobilized into the Dawson Gold project area. In-fill auger soil sampling has commenced and Diamond drilling is expected to begin early next week.

The initial 2011 work program will consist of Diamond drill testing of a number of coincident geochemical and geophysical anomalies on each of the Touleary and the Dan Man properties. The number of holes to be completed at each location will be contingent upon drill results but the first phase is expected to include up to six drill holes on each of the Touleary and Dan Man properties.

Ridge crest and spur auger soil sampling will be conducted early in the season over a number of priority target areas on claims staked by Arcus at the end of the 2010 field program. Detailed in-fill auger soil sampling over existing soil geochemical and geophysical anomalies will also be completed on each of the Touleary and Dan Man properties.

The initial 2011 work program has been budgeted at $1,100,000 and will be completed by early July. All samples from the initial drill holes and the in-fill soil grids will be assayed on an expedited basis to allow for follow-up work during the latter part of the 2011 field season. A second phase of drilling will commence in early August, contingent upon the results from the initial drilling and soil sampling.

On behalf of Arcus Development Group Inc.

Ian J. Talbot, President & CEO

CAUTIONARY NOTE: This news release includes certain "forward-looking statements". Other than statements of historical fact, all statements included in this release, including, without limitation, statements regarding future plans and objectives of Arcus Development Group Inc., are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Arcus Development Group Inc.'s expectations are the risks detailed herein and from time to time in the filings made by Arcus Development Group Inc. with securities regulators. Those filings can be found on the Internet at http://www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Arcus Development Group Inc.
Grant Longhurst
Corporate Communications
(604) 506-2445
(604) 688-2578 (FAX)
grant@arcusdevelopmentgroup.com
or
Arcus Development Group Inc.
Ian J. Talbot
President & CEO
(604) 687-2522
(604) 688-2578 (FAX)
ian@arcusdevelopmentgroup.com
www.arcusdevelopmentgroup.com

Arcus Development Group Inc.

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Arcus Development Group is a exploration company based in Canada.

Arcus Development Group holds various exploration projects in Canada.

Its main exploration properties are CHAPALOTA PROPERTY and LA VENTOSA in Mexico and DAWSON PROJECT in Canada.

Arcus Development Group is listed in Canada. Its market capitalisation is CA$ 1.1 millions as of today (US$ 914 848, € 853 004).

Its stock quote reached its highest recent level on September 10, 2010 at CA$ 0.48, and its lowest recent point on December 09, 2022 at CA$ 0.01.

Arcus Development Group has 76 280 000 shares outstanding.

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Financings of Arcus Development Group Inc.
4/8/2015Closes Private Placement With Existing Shareholders
8/6/2013Financing Completed
8/6/2013Financing Completed
6/16/2010Arrranges Flow-Through Financing for White Gold Area Explora...
Project news of Arcus Development Group Inc.
12/9/2009(Dawson Project)Identifies Multiple Anomalies on Its Dawson Gold Properties
Corporate news of Arcus Development Group Inc.
4/8/2015Arcus Closes Private Placement With Existing Shareholders
1/23/2015Arcus Announces Private Placement to Existing Shareholders
7/29/2013Financing and Project Update
6/8/2011Starts 2011 Dawson Gold Program
5/4/2011Dawson Gold Airborne Survey Completed
3/30/2011Dawson Gold Airborne Magnetometer Survey Commences
1/5/2010Additional Dawson Gold Results
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