Molycor Gold Corp. > Press Release
VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 28, 2008) - Goldrea Resources Corp. (TSX VENTURE:GOR)(PINK SHEETS:GORAF)(FRANKFURT:GOJ) and Molycor Gold Corp. (TSX VENUTRE:MOR)(PINK SHEETS:MLYFF)(FRANKFURT:M1V) are pleased to announce diamond drill results for holes numbered 7 - 9 on the Empress molybdenum property, located 15km south of the past producing copper/moly Brenda mine. The drilling program to date has consisted of 9 holes to test a 730 X 360 meter area for molybdenum (and copper/gold) bearing mineralization. Drilling continues to expand the mineralized area where previous holes from 2007 assayed up to .093% Mo over 30 meters (98.5 feet). Geochemical analysis results are as follows:
Assays are being carried out by Pioneer Laboratories of Richmond, BC. Drilling is currently ongoing and results will be reported as they are received.
This news release was reviewed by John W. Fisher, P. Eng., a qualified person recognized under NI 43-101.
On Behalf of Management
Larry W. Reaugh, President & Chief Executive Officer
Visit our website to watch Larry Reaugh, CEO of Molycor Gold Corp.'s February 25, 2008 interview with Agoracom discussing high grade manganese discovery.
Also view his interviews with SmartStox Online TV Talk Show. www.smartstox.com/interview/mor.php and www.smartstox.com/interview/gor.php.
For all Molycor Gold Corp. investor relations needs, investors are asked to visit the Molycor Gold Corp. IR Hub at http://www.agoracom.com/ir/molycor where they can post questions and receive answers within the same day, or simply review questions and answers posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to mor@agoracom.com where they can also request addition to the investor e-mail list to receive all future press releases and updates in real time.
This news release may contain certain "Forward-Looking Statements" within the meaning of Section 21E of the United States Securities Exchange Act of 1934, as amended. All statements, other than statements of historical fact, included herein 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 the Company's expectations are disclosed in the Company's documents filed from time to time with the TSX-Venture Exchange, the British Columbia Securities Commission and the US Securities and Exchange Commission.
The TSX-Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release. | |
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