Compliance Energy receives exploration permit for Canadian project

11 September 2011 (Last Updated September 11th, 2011 18:30)

Compliance Energy has received an exploration permit from the Ministry of Energy and Mines of British Columbia, for the Camp Lake project. The Camp Lake project, which covers 34.42km² area, is located 25km west of Campbell River, and is situated on the flank of an intense circular

Compliance Energy has received an exploration permit from the Ministry of Energy and Mines of British Columbia, for the Camp Lake project.

The Camp Lake project, which covers 34.42km² area, is located 25km west of Campbell River, and is situated on the flank of an intense circular aeromagnetic high measuring ten kilometres in diameter.

Compliance Energy is planning to carry out a 1,000m diamond drilling programme on the property.

The exploration programme conducted in 2010 confirmed the existence of elevated values of copper, silver, molybdenum and iron in both outcrop chip samples and select grab samples of mineralisation.

A new copper discovery in outcrop was made, and an iron skarn deposit was mapped, sampled and identified as the probable source of the Willis Magnetic Anomaly.