Sunvest Minerals Clone Project 2019 Drill Program Plans
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C-1H2 Phone: 604-683-3995 Fax: 604-683-3988
www.sunvestminerals.com
SUNVEST MINERALS CLONE PROJECT 2019 DRILL PROGRAM PLANS
Vancouver, British Columbia – February 28, 2019 – Sunvest Minerals Corp. (TSX -V: SSS)
(US: SRKZF) ("Sunvest Minerals" or the “Company”) wishes to provide the following
corporate update with regards to a phase I, 2019 drill program on its’ flagship Clone Gold Project
located in B.C.’s prolific Golden Triangle.
Sunvest Minerals technical team has had the opportunity over the past 1 8 months to compile and
digitize both historic data in addition to results from the Company’s 2018 field program at their
Clone project. A 2019 field program at Clone has been approved by the Board whi ch will include
an initial phase I diamond drill program to test concepts pertaining to the main H zone. Concurrent
with the drill program a geological team will be deployed to further ground-truth targets discovered
last summer as well as to investigate a host of new prospects now visible due to recent glacial
ablation on the Clone claims. Over the course of the summer these new targets meeting certain
criteria will be prioritized with the objective of drilling the top prospect(s) at the end of the season.
The company will provide additional updates regarding the 2019 field program over the coming
months in anticipation for Sunvest Minerals inaugural drill program on the Clone.
“We are looking forward to a n exciting field season at the Clone. Our technical team has been
working extremely hard over the last 18 months to understand the Clone main zone as well as to
take into account numerous never before se en targets uncovered by the retreating glaciers over the
past 25 years since its initial discovery . Our understanding of the property is the best it has ever
been and we are poised to build on discoveries made by our field crews in 2018 during our 2019
field campaign.” stated Mike England, CEO of Sunvest Minerals.
The Company has received from, the Ministry of Energy, Mines and Petroleum Resources , an
acknowledgement letter of the Notice of Work and Reclamation Program application being referred
to other resource agencies and First Nation groups. Related to the Notice of Work and the planning
drill program a bond has been set and posted, with final approval from the Ministry expected in the
near-term. The Company acknowledges, with thanks, that we are on the shared traditional territories
of the Nisga’a Nation.
The Company further announces it will no longer be proceeding with the Hemlo West property and
will be issuing 200,000 common shares to the Vendors per the termination agreement.
About Sunvest Minerals
Sunvest Minerals Corp. is a junior exploration company engaged in acquiring and advancing
mineral properties across Canada’s top mining jurisdictions. The Company’s flagship asset is the
Clone high -grade gold project located in B.C’s Golden Triangle. Sunvest Minerals is based in
Vancouver, British Columbia, and is listed on the TSX -V under the symbol “SSS”.
Suite 1240 – 789 W. Pender St., Vancouver, BC V6C-1H2 Phone: 604-683-3995 Fax: 604-683-3988
www.sunvestminerals.com
ON BEHALF OF THE BOARD
“Mike England”
Mike England, CEO&DIRECTOR
FOR FURTHER INFORMATION PLEASE
CONTACT: Telephone: 1-604-683-3995
Toll Free: 1-888-945-770
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 accuracy of this release.
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events
or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect
management’s current b eliefs and are based on assumptions made by and information currently available to the Company.
Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and
uncertainties that may cause future results to differ materially from those expected. These forward -looking statements are made
as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation
to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release
are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at
WWW.SEDAR.COM).