
Montréal, Québec – May 17th, 2012 – BOWMORE Exploration Ltd. (BOW: TSX-V, 0B5.F: Frankfurt “Bowmore”) would like to inform its shareholders that the drill campaign at the “Chivas property” is well underway and that three holes have now been completed. The initial drill program experienced some delays due to technical difficulties encountered by the previous drilling contractor. Therefore a second drill company “Major Drilling Group International Inc.” was contracted to complete the campaign. Samples of the first holes have been sent to ALS Chemex lab in Hermosillo, Mexico and results should be available in the following weeks.
The Chivas Property is composed of 2 claims covering over 24,841 hectares and is located within the Sierra Madre Occidental gold belt (“SMO”). The SMO is host to reserves of more than 40 Million ounces of gold and 2 Billion ounces of silver. The property is optioned and operated by Amex Exploration Ltd (AMX: TSX-V, “Amex”). The property is 15 kilometres to the west of the Dolores Mine previously owned by Minfinders Corporation Ltd. and now Pan American Silver Corp. The earn-in option provides Bowmore the right to acquire up to 70% interest in the property (see news release dated April 8, 2010).
As announced previously (see Bowmore news release dated February 22, 2012), this first phase diamond drilling consists of 6 to 8 holes for approximately 2500 meters targeting various objectives that are:
These significant targets have been defined by previous exploration work in 2010 and 2011 that lead to the identified of a large low sulphidation epithermal system that covers an area of approximately 5.2 km² (see Bowmore news release October 26, 2010, news release July 14, 2011 and news release November 22, 2011).
Bowmore and Amex management team are very enthusiastic to see the results of this first drill campaign on the property located in the prolific Sierra Madre gold belt.
Jean Marie Pronovost P.Geo., is the Qualified Person who has reviewed this news release and is responsible for the technical information reported herein.
BOWMORE is a Canadian exploration mining company focused on precious metal exploration in Canada and Mexico. For further information on BOWMORE, visit www.bowmorexploration.com or contact:
Paul A. Dumas
President & CEO
BOWMORE Exploration Ltd.
(514) 861-4441
Email: info@bowmorexploration.com
Neither 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.
Forward-looking statements:
Except for statements of historical facts, all statements in this news release regarding, without limitation, new project acquisitions, future plans and objectives are forward-looking statements which involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate; Actual results and future events could differ materially from those anticipated in such statements.
Cambridge House International:June 3 & 4, 2012 - booth 1311
Ressource clipsApril 2nd, 2012
UPDATE ON THE DRILL PROGRAM AT CHIVAS PROPERTY, SONORA, MEXICOMay 17, 2012
April 11, 2012
March 29, 2012
February 22, 2012
January 24, 2012
December 16, 2011
November 22, 2011
November 14, 2011
October 14, 2011
October 3, 2011
August 26, 2011
July 14, 2011
May 19, 2011
April 18, 2011
April 13, 2011
February 22, 2011
November 26, 2010
October 13, 2010
October 12, 2010
September 24, 2010
August 18, 2010
July 23, 2010
April 4, 2010
December 4, 2009
November 12, 2009
July 30, 2009
July 2, 2009
May 19, 2009
May 11, 2009
May 5, 2009
April 2, 2009
March 18, 2009
