QUEBEC CITY, July 19, 2011 /CNW Telbec/ - Conway Resources Inc. ("Conway" or the "Corporation") (TSXV: CWY) is pleased to report the results of the geological study done by VIASAT GeoTechnologies on the LITCO-1 property. The study involved processing and analysis of Landsat7 and WorldView-2 remote sensing data, topographic data and aeromagnetic data to provide a structural framework and support for exploration currently underway for lithium-rich pegmatite deposits.
The study confirmed the presence of four areas with good potential, two of which are more likely to have fostered the injection of pegmatites. The Corporation will sample these areas in early August.
Alain Tremblay, Ing.-Geol., a consultant for Conway and a qualified person under NI 43-101, has reviewed the contents of this press release.
About Conway Resources Inc.
Conway is a mining exploration corporation that owns four gold properties and one rare metals property in Quebec. Its main asset is the Belleterre Mine property. The property is the site of the old Belleterre mine, which produced over 800,000 ounces of gold between 1936 and 1959. A total of 2.18 million tonnes of ore at an average grade of 10.73 g/t Au were extracted from the mine, primarily from vein 12 (95% of production). Earlier reports indicate the presence of at least 21 veins on the property.
More information can be found on Conway's website at www.ressources-conway.com.
Forward-Looking Statements
This press release contains certain forward-looking statements that might involve uncertainty, time frames, and/or known and unknown risks beyond the Corporation's control. The Corporation's actual results, performance and achievements may differ materially from the results, performance and achievements implied by such forward-looking statements.
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