Welcome!

Microsoft Cloud Authors: David H Deans, Liz McMillan, Pat Romanski, Janakiram MSV, Jnan Dash

News Feed Item

Detour Gold Commences Winter Work Program at Conquest's Sunday Lake Property

- 1,200 Metres of Diamond Drilling

TORONTO, ONTARIO -- (Marketwire) -- 02/11/13 -- Conquest Resources Limited (TSX VENTURE:CQR) ("Conquest" or the "Company") is pleased announce that Detour Gold Corporation ("Detour Gold") has commenced a winter exploration program at Conquest's Sunday Lake property (the "Property"), which is currently under option to Detour Gold. The program comprises induced polarization ("IP") geophysics and 1,200 metres of exploration diamond drilling. The Property lies approximately seven (7) kilometres east of Detour Gold's open pit gold mine in northern Ontario, for which Detour Gold today announced the "Start of Production at Detour Lake" (see Detour Gold Press Release - February 11, 2013).

Drilling is anticipated to commence in mid-February. The exploration work program is estimated to cost $320,000 and is funded entirely by Detour Gold. Conquest does not anticipate contributing financially to this final earn-in program.

IP surveys completed by Detour Gold have defined a total of twenty-seven (27) exploration targets potentially prospective for gold mineralization in areas of high chargeability along interpreted structures located in, and adjacent to, the Sunday Lake Deformation Zone (SLDZ), which transects a significant portion of the seven-kilometre length of Conquest's Sunday Lake property.

Four of the twenty-seven target areas are the subject of a four-hole 1,200 metre winter drilling program planned by Detour Gold later this month following completion of a geophysical survey (refer to below).

IP GEOPHYSICAL TIE-ON SURVEY

Line cutting is in progress over the target area in the northern central portion of the Sunday Lake property. Insight Geophysics Inc. ("Insight") of Oakville, Ontario has been contracted by Detour Gold to carry out the geophysical survey which has been designed to tie-on to the existing 2011 IP survey completed by Detour Gold. The tie-on survey is expected to be completed by mid-February.

Insight will be conducting a high resolution, deep penetrating, IP and Direct Current ("DC") Resistivity survey on the Sunday Lake Property. It is anticipated that the results of this survey will provide geophysical information pertaining to the bedrock geology at depth where other surveys have been limited due to the extensive clay-bearing overburden cover that is present over the Sunday Lake property. Information from this survey will assist in prioritizing drill targets for the upcoming drill program.

ONGOING GEOLOGICAL ASSESSMENT

The remaining twenty-three (23) second- and third-order targets will be subject to further assessment by Conquest and Detour Gold at a later date based on Detour Gold's historical work compilation conducted on the Property and by Detour Gold's MMI soil geochemical program (2010), IP geophysical survey (2011), and 1,600-metre winter drilling program (2011).

During January, Detour Gold conducted a re-logging assessment of historical drill core from two exploration holes (SL-04-01 and SL-04-05) that were drilled during 2004 by Conquest. In 2004, the Company intersected 3.80 grams per tonne ("gpt") gold over 0.60 metres within mafic volcanics in hole SL-04-05 and 2.82 gpt gold over 0.30 metres in sericite altered diorite intrusive in hole SL-04-01. Re-logging by Detour Gold has confirmed the presence of quartz tourmaline veins hosted in diorite intrusive. Additional sampling of micro quartz-tourmaline veins from these previously drilled holes will be submitted for assay later this month.

ABOUT THE SUNDAY LAKE PROPERTY

Conquest and Detour Gold are exploring for structurally-hosted gold mineralization under a joint-venture agreement at Conquest's Sunday Lake property located along the Sunday Lake Deformation Zone.

During September 2010, Conquest entered into a joint venture with Detour Gold on Conquest's Sunday Lake Property, pursuant to which, Detour Gold has the right to earn a 50% interest in the Sunday Lake Property by completing $1,000,000 of exploration, as amended on June 15, 2012, prior to September 30, 2013.

ABOUT THE COMPANY

Conquest is exploring several geologically significant gold projects in Ontario, Canada. In addition to Conquest's Sunday Lake, the Company is undertaking exploration activities at its flagship Alexander Property in Red Lake, Ontario and Smith Lake Property at Renabie, Ontario.

Conquest holds 41,440 shares of Detour Gold Corporation. There are currently 95,477,728 shares of Conquest issued and outstanding.

This news release may include certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization, resources and reserves, exploration results, and future plans and objectives of Conquest, 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 Conquest's expectations are exploration risks detailed herein and from time to time in the filings made by Conquest with securities regulators.

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 the accuracy of this release.

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
Web Real-Time Communication APIs have quickly revolutionized what browsers are capable of. In addition to video and audio streams, we can now bi-directionally send arbitrary data over WebRTC's PeerConnection Data Channels. With the advent of Progressive Web Apps and new hardware APIs such as WebBluetooh and WebUSB, we can finally enable users to stitch together the Internet of Things directly from their browsers while communicating privately and securely in a decentralized way.
SYS-CON Events announced today that HTBase will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. HTBase (Gartner 2016 Cool Vendor) delivers a Composable IT infrastructure solution architected for agility and increased efficiency. It turns compute, storage, and fabric into fluid pools of resources that are easily composed and re-composed to meet each application’s needs. With HTBase, companies can quickly prov...
SYS-CON Events announced today that Outlyer, a monitoring service for DevOps and operations teams, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Outlyer is a monitoring service for DevOps and Operations teams running Cloud, SaaS, Microservices and IoT deployments. Designed for today's dynamic environments that need beyond cloud-scale monitoring, we make monitoring effortless so you ...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...
In his General Session at 17th Cloud Expo, Bruce Swann, Senior Product Marketing Manager for Adobe Campaign, explored the key ingredients of cross-channel marketing in a digital world. Learn how the Adobe Marketing Cloud can help marketers embrace opportunities for personalized, relevant and real-time customer engagement across offline (direct mail, point of sale, call center) and digital (email, website, SMS, mobile apps, social networks, connected objects).
SYS-CON Events announced today that Hitrons Solutions will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Hitrons Solutions Inc. is distributor in the North American market for unique products and services of small and medium-size businesses, including cloud services and solutions, SEO marketing platforms, and mobile applications.
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, will discuss some of the security challenges of the IoT infrastructure and relate how these aspects impact Smart Living. The material will be delivered i...
Your homes and cars can be automated and self-serviced. Why can't your storage? From simply asking questions to analyze and troubleshoot your infrastructure, to provisioning storage with snapshots, recovery and replication, your wildest sci-fi dream has come true. In his session at @DevOpsSummit at 20th Cloud Expo, Dan Florea, Director of Product Management at Tintri, will provide a ChatOps demo where you can talk to your storage and manage it from anywhere, through Slack and similar services ...
SYS-CON Events announced today that Cloudistics, an on-premises cloud computing company, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloudistics delivers a complete public cloud experience with composable on-premises infrastructures to medium and large enterprises. Its software-defined technology natively converges network, storage, compute, virtualization, and management into a ...
Keeping pace with advancements in software delivery processes and tooling is taxing even for the most proficient organizations. Point tools, platforms, open source and the increasing adoption of private and public cloud services requires strong engineering rigor - all in the face of developer demands to use the tools of choice. As Agile has settled in as a mainstream practice, now DevOps has emerged as the next wave to improve software delivery speed and output. To make DevOps work, organization...
My team embarked on building a data lake for our sales and marketing data to better understand customer journeys. This required building a hybrid data pipeline to connect our cloud CRM with the new Hadoop Data Lake. One challenge is that IT was not in a position to provide support until we proved value and marketing did not have the experience, so we embarked on the journey ourselves within the product marketing team for our line of business within Progress. In his session at @BigDataExpo, Sum...
SYS-CON Events announced today that Ocean9will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Ocean9 provides cloud services for Backup, Disaster Recovery (DRaaS) and instant Innovation, and redefines enterprise infrastructure with its cloud native subscription offerings for mission critical SAP workloads.
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend @CloudExpo | @ThingsExpo, June 6-8, 2017, at the Javits Center in New York City, NY and October 31 - November 2, 2017, Santa Clara Convention Center, CA. Learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that T-Mobile will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. As America's Un-carrier, T-Mobile US, Inc., is redefining the way consumers and businesses buy wireless services through leading product and service innovation. The Company's advanced nationwide 4G LTE network delivers outstanding wireless experiences to 67.4 million customers who are unwilling to compromise on ...
SYS-CON Events announced today that SoftLayer, an IBM Company, has been named “Gold Sponsor” of SYS-CON's 18th Cloud Expo, which will take place on June 7-9, 2016, at the Javits Center in New York, New York. SoftLayer, an IBM Company, provides cloud infrastructure as a service from a growing number of data centers and network points of presence around the world. SoftLayer’s customers range from Web startups to global enterprises.
SYS-CON Events announced today that CrowdReviews.com has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. CrowdReviews.com is a transparent online platform for determining which products and services are the best based on the opinion of the crowd. The crowd consists of Internet users that have experienced products and services first-hand and have an interest in letting other potential buyers...
The taxi industry never saw Uber coming. Startups are a threat to incumbents like never before, and a major enabler for startups is that they are instantly “cloud ready.” If innovation moves at the pace of IT, then your company is in trouble. Why? Because your data center will not keep up with frenetic pace AWS, Microsoft and Google are rolling out new capabilities In his session at 20th Cloud Expo, Don Browning, VP of Cloud Architecture at Turner, will posit that disruption is inevitable for c...
SYS-CON Events announced today that Infranics will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Since 2000, Infranics has developed SysMaster Suite, which is required for the stable and efficient management of ICT infrastructure. The ICT management solution developed and provided by Infranics continues to add intelligence to the ICT infrastructure through the IMC (Infra Management Cycle) based on mathemat...