CABO TO
DRILL FOR ARMISTICE RESOURCES CORP
North Vancouver, BC – Cabo Drilling
Corp. (TSX-V: CBE) (“Cabo” or the “Company”)
announces that Armistice Resources Corp. has awarded Cabo’s Ontario
division, Cabo Drilling (Ontario) Corp., (formerly Heath & Sherwood
Drilling Inc.), a contract to drill the first 10,000 feet of a significant
exploration program Armistice has planned for this year.
Armistice President and CEO, Todd J. Morgan stated,
“We are pleased to be working with a local company that has a solid
reputation like Heath and Sherwood Drilling.”
About Armistice Resources Corp. (TSX:
AZ)
Armistice Resources Corp. 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 licenses of occupation totaling
484 hectares which adjoins the former producing Kerr Addison gold mine
which produced in excess of 11 million ounces of gold. The project has
been dewatered and the mining contractor is completing rehabilitation work
at the site.
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; Montréal, Quebec; Kirkland Lake, Ontario; and
Springdale, Newfoundland; as well as Cabo Drilling de Mexico S.A. de C.V.
of Hermosillo, Sonora, Mexico; Cabo Drilling (Panama) Corp. of Panama,
Republic of Panama; and Cabo Drilling Spain S.L. of Sevilla, Spain. The
Company’s common shares trade on the TSX Venture Exchange under the
symbol: CBE.
ON
BEHALF OF THE BOARD
“John A. Versfelt”
John
A. Versfelt Chairman,
President and CEO
Further
information about the
Company can be found on
the Cabo website (http://www.cabo.ca)
and SEDAR (www.sedar.com)
or by contacting Ms. Sheri
Barton, Investor Relations
at 403-217-5830 or Mr. John A.
Versfelt, Chairman, President & CEO
of the Company at
604-984-8894.
* * * *
The
TSX Venture Exchange does
not accept responsibility for the adequacy or
accuracy of this release. This news
release may contain forward-looking
statements including but not limited to comments
regarding the timing and content of
upcoming work programs, geological
interpretations, potential mineral recovery
processes and other business transactions
timing. Forward-looking statements
address future events and conditions and
therefore, involve inherent risks and
uncertainties. Actual results may
differ materially from those currently
anticipated in such statements.
------------------------------
CONTACT:
John
A. Versfelt, Chairman,
President
and CEO web
site: www.cabo.ca
Telephone: (604)
984-8894 Facsimile: (604) 983-8056 e-mail: ir@cabo.ca
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