Crestview Exploration Inc. Initiates Phase I Rock Geochemical Sampling Program at the Divide Mine and Castile Mountain Properties – Elko, County, Nevada
330 5th Ave, Suite 1800
Calgary, AB T2P 0L3
www.crestviewexploration.com
October 21, 2020
NR: 1-102120 CSE: CRS – FRA: CE7
Crestview Exploration Inc. Initiates Phase I Rock Geochemical Sampling Program
at the Divide Mine and Castile Mountain Properties – Elko, County, Nevada
Calgary, Canada (October 21, 2020) – Crestview Exploration Inc. (CSE: CRS) (“Crestview” or
the “Company”) announced it has initiated Phase I rock geochemical sampling programs at
both the Divide Mine and Castile Mountain properties.
Sampling work to be undertaken at the Divide Mine will focus on exploring the southwestern
extent of the known mineralized vein system and historic workings on our recently staked
claims (see NR: 1-072120 Crestview Exploration Inc. Acquires Claims at the Divide Mine
Project). Additionally, the Company intends to prospect the highly silicified footwall area of
the Divide Mine vein to evaluate the potential for a larger bulk tonnage gold target. Lastly,
vein float located further out from the footwall zone will be reconnaissance mapped and
sampled to search for parallel precious metals bearing quartz veins.
Sampling work to be undertaken at Castile Mountain will focus on exploring paleo hot
spring vents that crop out at the top of the mountain and the silicified volcanic rocks that
underlay the paleo sinter. Additionally, the area will be reconnaissance mapped to try
and determine the depth to the volcanic rock-sedimentary rock unconformity contact
which can be a good gold host in this region.
Additional data on the Divide Mine and Castile Mountain properties can be found on
Crestview’s website.
Vice president of exploration, Mark Abrams, commented: “This work is fundamental
prospecting directed at extending and expanding the known mineralized areas on both of
these exciting properties. We are looking forward to getting our exploration program
started right away.”
This News Release was prepared by M.J. Abrams; BS and MS Geology, CPG #11451; Idaho
PG #570; California PG#4138; Oregon RG#938. M.J. Abrams is a Qualified Person as defined
by NI 43-101 and has reviewed and approved the scientific and technical disclosure included in
this news release.
About Crestview Exploration Inc:
Crestview Exploration is a technology driven, well-funded and experienced exploration company
focused on finding gold and silver deposits in mining friendly jurisdictions. The company ’s
flagship project Rock Creek as well as the Divide Mine and Castile Mountain precious metal
projects are located in the Tuscarora mining district in north-central Nevada, in Elko County.
For further information please contact:
Glen Watson, Chief Executive Officer
Tel: 1-604-803-5229
Email: [email protected]
www.crestviewexploration.com
NEITHER THE CANADIAN SECURITIES EXCHANGE NOR ITS REGULATION SERVICES PROVIDER
HAS REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS
RELEASE
Forward-Looking Information
This news release includes certain information that may be deemed “forward-looking information” under applicable securities
laws. All statements in this release, other than statements of historical facts, that address acquisition of the Property and future
work thereon, mineral resource and reserve potential, exploration activities and events or developments that the Company
expects is forward-looking information. Although the Company believes the expectations expressed in such statements are
based on reasonable assumptions, such statements are not guarantees of future performance and actual results or
developments may differ materially from those in the statements. There are certain factors that could cause actual results to
differ materially from those in the forward-looking information. These include the results of the Company’s due diligence
investigations, market prices, exploration successes, continued availability of capital financing, and general economic, market
or business conditions, and those additionally described in the Company’s filings with the Canadian securities authorities.
Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments
may differ materially from those projected in the forward-looking information. For more information on the Company,
investors are encouraged to review the Company’s public filings at www.sedar.com. The Company disclaims any intention or
obligation to update or revise any forward- looking information, whether as a result of new information, future events or
otherwise, other than as required by law.