Mistango River Resources – Announces Commencing of the Omega Phase V Drill Program of 4600 meters and a New Phase VI Program of 5400 meters for a total of 10000 meter Campaign
Mistango River Resources – Announces Commencing of the Omega Phase V Drill Program
of 4600 meters and a New Phase VI Program of 5400 meters for a total of 10000 meter
Campaign.
KIRKLAND LAKE, ONTARIO, September 3, 2019: Mistango River Resources Inc. (CSE:
MIS, “Mistango” or the “Company”) is very pleased to announce that the exploration permit
for the Omega Property has been received and our drilling contract or is on-site and proceeding
with Phase V of our new exploration program. The planned drilling for this phase is 4600 meters.
Our consulting geologists, Adiuvare Geology and Engineering Ltd. have recommended a n
additional 5400 meters of Phase VI exploration drilling program for a total of 10000 meters for
both programs. The drilling aims to fill in pi erce points in the current model and find additional
intercepts, potentially leading to upgrading the existing indicated and inferred resource.
Mistango sees great potential opportunities in the Larder mining camp, where the Omega Project
is located. There are several mining exploration companies that are active in the Larder camp as
they see very go od investment opportunit ies in this area. Mistango’s flagstone , the Omega
Project, is the central focus of this camp as it was a past producer . Mistango continues to update
the existing resource , thus creating potential for our investors. With the price of gold being
US$1,500 plus per ounce, we believe our shareholders have significant upside potential from the
Omega.
Our AGM is scheduled for 10:00 a.m. on September 10, 2019 at our Kirkland Lake head office.
We encourage all Mistango shareholders to vote for the Company’s current directors and
management team. Your vote for the current directors and management will assis t in ensuring
that the Company’s Om ega exploration campaign continues as planned as the slate of dissident
nominees for directors have indicated that they may have other plans for the Omega Property,
which could result in Mistango’s shareholders not benefiting from its full potential.
Donald R. Kasner C.O.O, commented:
“We are excited to see the Omega back on line and we hope to continue this campaign
for growth of the company and all investors of Mistango.”.
For further information please contact:
Donald R. Kasner C.O.O
4 Al Wende Avenue
Kirkland Lake, Ontario
Canada, P2N 3J5
Telephone: (705) 567 5351
Facsimile: (705) 567 5557
E-mail Donald Kasner: [email protected]
Neither Canadian Securities Exchange nor its Ma rket Regulator (a s that term is defined in the
policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or
accuracy of this release.
FORWARD LOOKING STATEMENTS: This news rele ase contains forward-looking statements,
which relate to future even ts or future performance and reflect management's current
expectations and assumptions. Such forward -looking statements reflect management's current
beliefs and are based on assumptions ma de 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 o r circumstances. All of the
forward-looking statements made in this pre ss release are qu alified by these cautionary
statements and by those made in our filings with SEDAR in Canada (available at
www.sedar.com).