Calico Resources Corp. - 2012 Exploration Underway at Grassy Mountain
VANCOUVER, May 1, 2012 /PRNewswire via COMTEX/ -- Calico Resources Corp. CA:CKB +3.23% (otcqx:CVSHF) is pleased to announce that it has finalized plans for this season's exploration program on the Grassy Mountain Project. Using the Grassy Mountain Deposit as a "discovery model", Calico has designed the 2012 program to test additional gold occurrences on the claim group that exhibit geologic similarities to the Grassy Mountain resource area.
The basis of the discovery model includes: positive results from the 2011 drilling program, compilation of extensive historic information, a recently completed (February, 2012) CSAMT (Resistivity) geophysical survey and incorporation of all available information into a 3D geologic model utilizing "Leapfrog" software.
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May 1, 2012 (Source: MarketWatch)
