MOSQUITO COSOLIDATED GOLD MIES LTD.
MSQ-TSX-VETURE
Tel: 604-689-7902 WWW.MOSQUITOGOLD .COM FAX: 604-689-7816
Mosquito Starts 2010 drilling program
With Hole 10-55, a 560 meter step out hole
Vancouver, August 17 2010 - Mosquito Consolidated Gold Mines Limited (Mosquito - TSX Venture:
MSQ) is pleased to report it has started the 2010 diamond drilling program on the CuMo project. Hole
10-55 has been collared on the private land purchased recently (See news release July 19, 2010) and
orientated due north dipping -65 degrees. The 563.8 meter (1850 foot) step out hole is designed to
intersect both the southwest trending extension of the molybdenum mineralization and the down dip
extension of the main east-west trending mineralization. It is the first in a series of geotechnical holes
designed to determine the rock characteristics of the southern margin of the deposit.
At the current time, over 114.3 meters (375 feet) has been drilled. Coarse grained molybdenum bearing
veins and fractures were first intersected at 58.5 meters (192 feet) in the hole, and these veins continue
to be intersected. The intersection of the veins confirm the continuity of the molybdenum bearing
surface veins found during surface examination of the old Baby Mine dumps located an additional 457.2
meters (1500 feet) to the southwest of the drill hole. (See attached figure.) Planned hole depth is
between 1067 meters (3500 feet) and 1371 meters (4500 feet) depending on fault offsets of the
molybdenum zone.
In other news, Mosquito is in the middle of the 30-day public comment period on the Environmental
Assessment report produced by United States Forest Services that covers the next stage of exploration
on the CuMo deposit. Mosquito’s team has attended all three public meetings to date and has been
pleased with the public comments. CuMo appreciates the local support the project has received.
Management is sensitive to environmental and local impact concerns, and is committed to conducting its
operations in a manner that protects the environment and serves the community. Although the detailed
schedule for delivery of the final decision to authorize further exploration on federal lands is still not set,
the process is proceeding on track.
Mosquito is also continuing to negotiate with parties interested in partnering with Mosquito on funding
the ongoing development of the CuMo project.
Finally, Mosquito is in the process of assembling a team of both local and internationally recognized,
engineering, environmental, legal and public relations consultants and experts that will provide the
expertise required to move this exciting project forward.
Mr. Shaun M. Dykes, M.Sc. (Eng), P.Geo., Exploration Manager and Director of Mosquito is the
designated qualified person for the CuMo Project and prepared the technical information contained in
this news release.
On Behalf of the Board
MOSQUITO COSOLIDATED GOLD MIES LTD.
Brian McClay
President
Loading...
Loading...