China Minerals Announces the Completion of 2018 Summer Exploration Program
China Minerals Announces the Completion of 2018
Summer Exploration Program
Vancouver, British Columbia--(Newsfile Corp. - August 9, 2018) - China Minerals Mining Corporation
(TSXV: CMV) (OTC
Pink: HWTHF)
("China Minerals" or the "Company")
announces that the company has just completed a drilling program on
the Historic Erickson Gold Tailings Pond (now known as TM TSF1).
At the same time the company revisited an untested highly
anomalous Gold in Soil prospect known as the "Lucky", first discovered in 1984.
The Lucky Prospect a 400m by 400m soil anomaly has been unexplored since that time.
The soil anomaly ran right up to
company's western claim boundary at the time and was hence left untested and wide open to the west.
In June 2018, the
company staked a 612 Ha mineral tenure covering the west - northwestern potential extension of the zone.
In July 2018, 1,201
soil samples were taken on a grid of 50m line spacing and 20m sample intervals covering the historic soil anomaly and the
newly staked area.
Also 67 mineralized rock samples were collected.
The samples have been submitted to ALS Mineralogy Lab
in Whitehorse and results are pending.
At the same time, a total of 128 drill holes totalling 515m were completed at the former 8.1 Ha Erickson Gold Tailings Pond.
These holes were drilled at 25m spacing to define the gold resources in the Tailing Pond. The 3' diameter holes ranged in depth
from 1.2m to 7.0m, averaging 4m.
A GeoProbe - 8040DT, Direct Push drill was commissioned from JED Drilling out of Penhold,
AB for the job. Samples were split in half with one half of the sample being shipped to ALS Mineralogy in Whitehorse, YT and the
other half being shipped to Bureau Veritas Minerals - Metallurgical Division in Vancouver, BC for metallurgy sampling and study.
Technical disclosure in this news release has been reviewed and approved by Dr. Yingting (Tony) Guo, P.Geo., an Independent
Qualified Person as defined by National Instrument 43-101.
About China Minerals Mining Corporation
China Minerals Mining Corporation is a Canadian based exploration and development company with offices located in
Vancouver, B.C. The Company's goal is to build an international mining company.
For more information on China Minerals, please contact the Company at (778) 889-4966, or visit the Company's website
at
www.chinamineralsmining.com.
ON BEHALF OF THE
COMPANY
"signed by
Wenhong Jin
"
Wenhong Jin
President, CEO
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in t
he policies of the TSX
Venture Exchange) accepts responsibility for the adequacy of accuracy
of this release.
Cautionary Statement Regarding "Forward-Looking" Information
Statements in this news release that are forward-looking statements are subject to various risks and uncertainties concerning
the specific factors disclosed here and elsewhere in China Minerals' periodic filings with Canadian securities regulators. When
used in this news release, words such as "will", "could", "plan", "estimate", "expect", "intend", "may", "potential", "appear",
"should," and similar expressions, are forward-looking statements.
Although China Minerals has attempted to identify important factors that could cause actual results, performance or
achievements to differ materially from those contained in the forward-looking statements, there can be other factors that cause
results, performance or achievements not to be as anticipated, estimated or intended. There can be no assurance that such
information will prove to be accurate or that management's expectations or estimates of future developments, circumstances or
results will materialize. As a result of these risks and uncertainties, the results or events predicted in these forward looking
statements may differ materially from actual results or events.
Accordingly, readers should not place undue reliance on forward-looking statements. The forward-looking statements in this
news release are made as of the date of this news release, and China Minerals disclaims any intention or obligation to update
or revise such information, except as required by applicable law.