Cavan Work Program Underway on Quebec Graphite Properties
Published : May 15, 2013
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Diamond | Market | Rare Earth |

VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 15, 2013) - CAVAN VENTURES INC. (News - Market indicators) ("Cavan" or "the Company") is pleased to announce that it has started a prospecting and exploration work program on its five prospective graphite projects, acquired in April 2012, May 2012 and March 2013, and which are located in the Province of Quebec.

The projects consist of five areas of reported historic graphite occurrences, discovered in the past by airborne electromagnetic/magnetic survey, mapping, pitting and Diamond drilling.

The Buckingham property consists of three colonial lots located in Range IX, Buckingham Township, covering an area of 900 hectares (2,224 acres). The property is adjacent to the old Walker Mine which is located in the south half of lot 20 in Range VIII. Historical reports mention that the graphite deposit was worked between the 1860's to 1910. Disseminated graphite flakes, up to 25% were mined. At the time, the Cavan's property was part of the Walker mine. In the 1980's the Quebec Ministry of Energy and Resources conducted an airborne electromagnetic/magnetic survey over the region. Two linear conductors were picked up on the present Cavan's property. Those conductors are at 200 m spacing and measure 200 m and 1,000 m in length respectively.

The Big Flake property is located adjacent to the TIMCAL's (Stratmin) producing flake graphite mine of Lac des Iles, near Mont-Laurier, Quebec. It covers a total area of 2,400 ha (5,930 acres). The project covers historic drill holes (1968) with reports of graphite intersection. Those holes are located approximately 8 km east-south-east from the TIMCAL's mine site.

The Ashbury project covers an area of 900 hectares (2,224 acres) and hosts two historic drill holes bored by the Quebec Department of Natural Resources (1965). In the first hole, graphite was noted from 18.29 m to 30.48 m in a biotite paragneiss. A second intersection was noted from 30.48 m to 54.86 m. The second hole intersected graphitic mineralization over 1.52 m from 62.48 m to 64.00 m. The two holes are approximately 4 km apart.

The Cawood property is located about 65 km North of Ottawa in the Gatineau river basin. It comprises 10 map stake claims covering an area of 550 ha (136 acres). This property has potential for graphite, mica, apatite and rare earth elements. It is located in the Maniwaki Metasedimentary Basin, well known for its graphite deposits and base metal occurrences (Pb-Zn) associated to calcitic and dolomitic marbles. In the past, many small graphite occurrences were mined by open-pits which are still accessible.

The Sainte Marie property consists of 11 map staked claims covering an area of 605 hectares (1,495 acres). Several graphite occurrences have been reported on the property and there is also potential for REE. Six graphite occurrences were studied during a regional mapping program. Most have returned graphite values higher than 3% graphite in quartz-feldspar gneisses. One occurrence returned 25% graphite over one metre in a shear zone.

Numerous graphitic bearing samples will be taken and shipped to the ALS Minerals laboratory in Val d'Or, Quebec.

The technical contents of this release were approved by Dr. Christian Derosier, P.Geo. a qualified person as defined by National Instrument 43-101.

Cavan Ventures Inc. is a junior exploration company actively seeking mineral opportunities for the benefit of all its stakeholders. For further information please visit us at www.cavanventuresinc.com.

ON BEHALF OF THE BOARD

Peter P. Swistak, President

Forward-Looking Statement: Some statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Cavan Ventures, Inc. Actual results may differ materially from those currently anticipated in such statements.

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.

Cavan Ventures Inc.
Peter P. Swistak
President
(604) 683-3995 or Toll Free: (888) 945-4770
www.cavanventuresinc.com

Cavan Ventures Inc.

EXPLORATION STAGE
CODE : CVN.V
ISIN : CA1495491070
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Cavan Ventures is a exploration company based in Canada.

Its main exploration properties are KISGEGAS and KASLO (EMERALD) in Canada.

Cavan Ventures is listed in Canada. Its market capitalisation is CA$ 1.5 millions as of today (US$ 1.1 millions, € 1.0 millions).

Its stock quote reached its highest recent level on February 15, 2008 at CA$ 0.44, and its lowest recent point on February 12, 2016 at CA$ 0.01.

Cavan Ventures has 73 940 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Cavan Ventures Inc.
10/17/2013Announces Flow-Through Financing
7/15/2013Announces Financing
6/30/2011Provides Update on Proposed Financing
Project news of Cavan Ventures Inc.
9/17/2013Cavan Ventures identifies several magnetic features from Air...
Corporate news of Cavan Ventures Inc.
7/2/2016June 23, 2016 - Ashburton Intersects 88.0 Meters Averaging 3...
6/10/2016June 6, 2016 - Cavan Ventures Inc. Transfered to the NEX
4/14/2016April 14, 2016 - Cavan Ventures Announces Extension of Priva...
12/22/2015Dec 14, 2015 - 148 Metres of Graphite Mineralization at Buck...
12/22/2015Dec 22, 2015 - Outcrop Sampling From Buckingham, Discovery o...
12/22/2015Dec 15, 2015 - Cavan Appoints New Board Member
12/22/2015Dec 10, 2015 - 2nd Hole Completed, 3d Hole Drilling...Inters...
11/28/2015Nov 27, 2015 - Ashburton Commences Drilling at Buckingham
10/15/2015Oct 15, 2015 - Cavan Announces Buckingham Option
7/9/2015IIROC Trading Halt - CVN
7/9/2015July 8, 2015 - Cavan Not Moving Forward With Caribou King Re...
4/10/2015April 9, 2015 - Cavan Ventures Inc. Appoints New Board Membe...
4/8/2015April 8, 2015 - Completes Mini-Bulk Sample + Awaiting Assay ...
4/8/2015Completes Mini-Bulk Sample and Awaits Assay and Purity Resul...
4/2/2015April 1, 2015 - Cavan Ventures Inc. Signs LOI To J.V. Its 10...
4/1/2015Cavan Signs LOI to Joint Venture Its 100% Owned Buckingham G...
3/20/2015March 20, 2015 - Cavan Ventures Inc. Announces Brisbane Resi...
2/5/2015Cavan Enters Into a Non-Disclosure and Standstill Agreement ...
11/27/2014November 27, 2014 - Enters Non-Disclosure & Standstill Agree...
11/25/2014November 24, 2014 - Cavan Ventures Inc. Provides Corporate U...
10/22/2014October 22, 2014 - Matthew Harvey as Director of R&D Further...
10/16/2014October 16, 2014 - Eric Hughes former President of Chi Hemp ...
10/16/2014October 15, 2014 - Cavan Announces Closing of Flow-Through P...
8/26/2014Cavan Signs Agreement to Drill at Buckingham Graphite Proper...
8/20/2014Cavan Retains GFSS for Land Negotations
8/19/2014Cavan Appoints Jeff Beckwith, Executive of The HoneySpot, to...
7/17/2014Cavan Receives New Calculation of Average Grades on its Buck...
7/8/2014Cavan Receives Positive Trenching Assays at Buckingham Graph...
6/17/2014Cavan Appoints Dr. Manju Sharma MD and Doctor of Naturopathy...
6/3/2014Cavan Exposes Six Graphite-Rich Zones in Trenches at Bucking...
5/27/2014Cavan Appoints Matthew Harvey CEO of BC Bud Depot to Advisor...
4/22/2014Cavan Announces New Member to the Advisory Board to Advance ...
4/3/2014Cavan Ventures Provides Corporate Update and Engages Robson ...
3/25/2014March 25, 2014 - Cavan Ventures Investigates Agriculture, Me...
3/25/2014Cavan Ventures Investigates Agriculture, Medicine and Real-E...
9/24/2013Identifies 1,300 Meter and 300 Meter Long EM Conductors at B...
9/17/2013Identifies Several Magnetic Features From Airborne Geophysic...
8/13/2013Completes Geophysics at Cage Graphite Claims, Ontario
7/31/2013Begins Geophysics at Cage Graphite Claims, Ontario
7/23/2013Finalizes Acquisition of Cage Claims Next to Albany Graphite...
7/8/2013Begins 2nd Phase of Exploration on the Buckingham Graphite P...
6/18/2013Receives Results from Its Four Graphite Projects in Quebec
5/15/2013Work Program Underway on Quebec Graphite Properties
4/17/2013Increases Claim Position at Pythonga Lake, Quebec
1/28/2013Reports Significant Overlimit Assays from the 2012 Program a...
1/17/2013Announces Significant New Rare Earth Assays From 2012 Progra...
1/3/2013First Phase of Pythonga Project Completed
7/7/2011Announces High Grade Silver Assays at Arizona Joint Venture ...
6/17/2011to Raise Funds for Crown King Arizona Silver Project
6/7/2011Hires New Corporate Communication Consultant
5/10/2011Enters LOI for Acquisition of Quebec Rare Earth Project, Pro...
5/6/2011Q-Gold ANNOUNCES CROWN KING, ARIZONA SILVER JOINT-VENTURE WI...
5/5/2011Announces Crown King Silver Option of Arizona With Q-Gold Re...
4/12/2011Announces New President, CEO, and Director
3/10/2011Acquires Option to 3 Silver Mines at Crown King, Arizona
2/28/2011Closes Non-Brokered Private Placement
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (CVN.V)
0.020+0.00%
TSX-V
CA$ 0.020
03/28 10:47 -
0%
Prev close Open
0.020 0.020
Low High
0.020 0.020
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.020 -%
Volume 1 month var.
0 -%
24hGold TrendPower© : -21
Produces
Develops
Explores for Copper - Gold - Lead - Silver - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 10/20/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.68+0.33%Trend Power :
OceanaGold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 11.83-3.20%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.54+2.68%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.60-1.52%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.16-1.97%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.26+4.08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.23+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.86-2.11%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.08-1.89%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :